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 › Marina Blvd
$1,450,000
Last sold
17 Sept 2025
6
Bedrooms
4
Bathrooms
3
Car spaces
765 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
$1,450,000
17 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,923/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
-3.0%
Median sale
Suburb $1,495,000
+0.10 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 765 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 765 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 We Love
Perfectly positioned in the sought-after coastal suburb of Ocean Reef, this expansive six-bedroom, four-bathroom residence on a generous 765sqm block offers a rare level of flexibility, space, and comfort-ideal for large or multigenerational families. With dual kitchens, multiple living zones, and a beautifully elevated outlook from the upper veranda, this is a home designed for adaptable living and effortless entertaining.
Step inside to a clean, bright interior where light flows freely through large windows and into open-plan spaces. The thoughtful layout includes two kitchens-one upstairs and one downstairs-providing excellent functionality for large families and guests. Multiple living areas across both levels mean there's room for everyone to relax, connect, or enjoy quiet time.
Upstairs, a generous veranda captures beautiful elevated views and fresh ocean breezes, while downstairs opens to a large paved entertaining area perfect for weekend barbecues and family gatherings. The rear yard includes a shed for additional storage and a large grassed space where kids and pets can run free.
Out front, the appeal continues with a welcoming veranda and a beautifully maintained garden set around a lush, green lawn. The oversized driveway and two single garages offer space for multiple vehicles, boats, caravans, and trailers-truly built to handle it all.
Enhancing its long-term appeal, the property is ideally located near the $200 million Ocean Reef Marina development and upcoming Sunset Plaza shopping centre-set to transform the area into a vibrant hub of dining, retail, and lifestyle amenities while driving strong future growth.
Whether you're seeking a private upstairs sanctuary for parents, a functional dual-living layout for multigenerational living, or simply a spacious family home with room to grow-this Ocean Reef gem delivers on every level.
What We Know
This home is all about flexibility, space, and opportunity-if you're looking to elevate your lifestyle or accommodate a growing or extended family, here are a few key features to consider:
• Six-bedroom, four-bathroom home on a 765sqm block
• Two fully equipped kitchens-one upstairs, one downstairs
• Multiple living areas across both levels for flexible living
• Elevated upstairs veranda with lovely views and sea breezes
• Large downstairs paved entertaining area with built-in seating
• Triple car garage plus expansive driveway for cars, boats, caravans or trailers
• Front veranda overlooking a lush grassed garden with established low-maintenance planting
• Big backyard with a large grassed area-ideal for kids and pets
• Additional rear shed for storage or workspace
• Located in the sought-after coastal suburb of Ocean Reef, close to schools, parks, and the beach
What's close
• Ocean Reef Park - 350m
• Sunset Plaza - 500m
• Ocean Reef Primary School - 550m
• Mirror Park Skate Park - 900m
• Ocean Reef Senior High School - 1.4km
• Mullaloo Beach - 1.8km
• Prendiville Catholic College - 2.1km
• Ocean Reef Boat Harbour - 2.2km
• Edgewater - 4.4km
• Lakeside Joondalup - 5.4km
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.