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 › Mabena Pl
$1,990,000
Last sold
28 Jan 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
861 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
$1,990,000
28 Jan 2026 · 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
+33.1%
Median sale
Suburb $1,495,000
-0.83 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 861 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 861 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 Realmark UrbanWhat to love
Perfectly positioned just 250m from the front of Ocean Reef, 3 Mabena Place is a residence of rare substance and versatility, offering a coastal lifestyle that is second to none. Set on a generous block with established, lush gardens, this home combines timeless Federation charm with a floorplan designed to evolve with your family's needs. Whether hosting friends, unwinding at home, or embracing everyday life by the coast, this property delivers in every dimension.
Inside, the home exudes quality with beautiful flooring and elegant French doors that lead out to a shady Federation-style front veranda. Two well-defined living areas provide excellent flexibility, creating space to relax, entertain, or work from home with ease.
The master suite is a masterclass in luxury, boasting a dedicated dressing room and a private atmosphere, while the social heart of the home consists of an open-plan kitchen, living, and games area. A separate formal dining room and a cozy separate living room provide additional spaces for every occasion, complemented by a dedicated study area with a built-in desk and cabinetry.
The backyard is a private, resort-style sanctuary designed for year-round enjoyment. A sparkling heated swimming pool forms the centrepiece, complemented by a thatched poolside cabana that creates an effortless holiday-at-home atmosphere. Adding further versatility, the original garage has been professionally converted into a generous multipurpose rumpus room - ideal for a home theatre, games room or creative studio.
Built with a focus on the future, the home features superior structural integrity with steel girders that leave it ready for a second-storey addition. Modern convenience is at the forefront with split-system air-conditioning, solar panels, and a whole-house water filtration system. Practicality is equally well-considered, offering an external rainwater tank, large gardening troughs for the green thumb, and a wide driveway that comfortably accommodates four to six vehicles. With generous storage throughout and a built-in home safe, 3 Mabena Place is a versatile coastal sanctuary that offers immediate luxury with a footprint for your future dreams.
What we know
• Multiple generous living and entertaining zones
• Split-system air-conditioning to bedrooms and living areas
• Solar panels
• Whole-house water filtration system
• External rainwater tank
• Swimming pool with heat pump and pool blanket
• Thatched poolside cabana
• A converted garage offers a large, flexible multipurpose room
• Wide driveway accommodating parking for approximately 4-6 vehicles
• Steel girder construction, providing structural readiness for a future second storey (STCA)
• Dressing room to the master suite
• Three toilets
• Study area with built-in desk and cabinetry
• Home safe
• French doors opening to the front, rear and side of the home
• Shaded Federation-style front veranda
• Large raised garden troughs suitable for flowers or vegetables
What's close
• Iluka Beach & Foreshore Park: 700m
• Beaumaris Primary School: 850m
• Beaumaris City Shopping Centre: 1.2km
• Marmion Avenue: 1.3km
• Ocean Reef Primary School: 1.6km
• Currambine Central Shopping Centre: 1.9km
• Ocean Reef Senior High School: 2.0km
• Prendiville Catholic College: 2.3km
• Ocean Reef Marina: 3.4km
• Lakeside Joondalup Shopping Centre: 4.6km
• Mullaloo Beach: 5.6km
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.