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 › Spinnaker Dr
$1,920,000
Last sold
31 Mar 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
837 m²
Land
259 m²
Building
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
$1,920,000
31 Mar 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
+28.4%
Median sale
Suburb $1,495,000
-0.74 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 837 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 837 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
Set in a sought-after pocket of Ocean Reef, this spacious five-bedroom home offers generous proportions, stunning ocean views, and multiple living areas - the perfect foundation for relaxed coastal living.
From the street, the property impresses with a clean, well-kept façade, manicured gardens, and a large driveway with room for multiple cars, a boat, or a trailer.
Designed for family living, the home features a flexible layout with separate living zones, giving everyone space to relax, work, or entertain. The kitchen boasts a walk-in pantry and overlooks the main living and dining areas, with views out to the backyard. High ceilings enhance the sense of space and light throughout the open-plan living areas.
All five bedrooms are generously sized, complemented by two bathrooms and the convenience of three toilets.
Step outside to a large patio ideal for entertaining, surrounded by low-maintenance gardens. The backyard offers plenty of space and presents an exciting opportunity to add a pool if desired.
Additional features include a large powered shed, a double garage, and an enclosed front yard that provides privacy and extra outdoor space.
With great bones and endless potential to personalise over time, this is a fantastic opportunity to secure a substantial family home in a highly desirable coastal location.
What we know
If you're looking for a home with room to breathe and grow, below are some of the features to know:
Five-bedroom, two-bathroom home with an additional powder room
Open-plan living, dining, and kitchen with high ceilings
Separate front formal lounge and dining room
Master bedroom with ensuite and walk-in wardrobe
Reverse cycle ducted air conditioning
Large patio with low-maintenance gardens
Large shed
Double garage
Large front driveway
Well-kept garden beds and lawn
What's close
Mirror Park - 300m
Ocean Reef Park - 500m
Sunset Plaza - 600m
Ocean Reef Primary School - 600m
Mullaloo Beach North - 1.6 km
Ocean Reef Senior High School- 1.9 km
Prendiville Catholic College- 2.3 km
Ocean Reef Boat Harbour & new Marina Development - 2.5 km
Beaumaris City Shopping Centre- 2.8 km
Joondalup Resort & Golf Course - 3 km
Joondalup (Lakeside Shopping/Hospital/Medical hub)- 5.5 km
What to know
SET DATE SALE with absolutely ALL offers being presented on Monday, the 30th of March at 1 pm. The Seller reserves the right to sell prior to this date, so we encourage offers as early as possible.
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.