Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
WA › Ocean Reef › Transom Way
$1,365,000
Last sold
29 Aug 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
440 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,365,000
29 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Ocean Reef
-8.7%
Median sale
Suburb $1,495,000
+0.32 pp
Gross yield
Suburb 3.34%
Suburb median $1,495,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 440 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $960/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 440 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ocean Reef at a glance
9,002
People
$1,495,000
Median sale
$960/wk
Median rent
3.34%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peard Real EstateWelcome to an oceanside, architectural wonder, peacefully resting in the very heart of this luxurious coastal setting with the beaches, parks and so much more just steps away! Barely two years young, this sophisticated and contemporary home has been designed and built with no expense spared that epitomizes the very best that life has to offer.
Custom built by award winning builders Novus Homes, the modern façade is instantly appealing to the eye and impressive in stature! Comprising multiple living areas, 4 bedrooms, 3 bathrooms this two-story residence has been thoughtfully designed to maximize every inch of the landholding.
LIVING AREAS
From the moment you step through the front door, it is clear that this residence is one of a kind! 32 course ceilings lead you through the passage to the heart of the home while your eye is drawn to the large windows that frame the swimming pool and bring the outside in - the main open plan living area is where you are naturally drawn and will no doubt enjoy spending time with family or friends. Located just off the entry reveals a large carpeted entertainment room, huge home theatre with double doors, a home office with floating shelves and a large window that overlooks the swimming pool.
THE KITCHEN
The gourmet kitchen is a true statement of style and one of the true selling points to this great home! Presented with an eye catching pendant light, a beautiful combination of Caesarstone benchtops and a “Rugged Caesarstone” island bench with waterfall edge and additional power points, cooking in this kitchen is a dream, with quality Smeg Induction cooktop, rangehood and an LG dishwasher. Mirrored splashback that cleverly reflects light and brings the outside in is a real treat! Behind the kitchen is the scullery, a functional space for extra appliances, dishes and preparations.
BEDROOMS
Clearly designed by leading architects and constructed with every conceivable detail in mind, the guest bedroom is positioned privately downstairs with its own ensuite bathroom and built-in robes. When it's time to turn in for the night, take the staircase to the second story, the staircase and floor coverings are finished with engineered French oak timber floors. The main bedroom enjoys a luxurious walk in robe and ensuite bathroom, the ensuite consists of a free standing bath, walk in tiled shower, double vanity and a toilet - reminiscent of a 5 star resort! The additional bedrooms are massively oversized, complete with built in robes and quality carpets. The family bathroom has been built to accommodate double vanities and a large shower, space is abundant! A separate toilet sits adjacent to the family bathroom.
ALFRESCO & OUTSIDE
The real show stopper and center of attention - the swimming pool - built flush up against the house and demanding your attention from every angle for reasons it well deserves! If you crave the outdoors but don't have the time or patience for hours of garden maintenance this is the home for you! Generous in size, the private outdoor oasis is neatly finished with synthetic lawns & native plants. You can crank up the BBQ, pour a glass of wine, and admire your new surroundings all year round! The covered alfresco is finished with polished concrete floors and LED downlights.
FEATURES Include, but are not limited to:
- 4 Bedrooms and 3 Bathrooms
- Home office with built in shelving and views over the swimming pool
- Theatre Room with double doors & LED lighting
- Upstairs Family activity room with doors out to a balcony with ocean glimpse
- Large storage room located under the staircase
- Laundry with walk in linen cupboard, “Rugged Caesarstone” benchtops and doors to the clothesline with synthetic lawns
- 32 course ceilings downstairs / 30 course upstairs
- Upstairs attic, enclosed with flooring - access from the passage upstairs
- Alarm system
- Smart wiring with intelligent homes
- Large Solar system - 6.6kw
- Fridge recess with plumbing
- Outside under the alfresco, all provisions have been made for an outdoor kitchen to be installed with a gas point and electrics
- Salt chlorinated swimming pool with blanket and equipment - provisions have been made for a heating system if required
- Double garage with storage nook and a roller door that goes out to the back yard
- Built by Novas Homes in approx 2020
- 440m² block
- 281sqm house
Those craving a sublime seaside lifestyle, won't want to miss this rare opportunity. Contact us today for more information or to arrange a time to view this magnificent home!
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.