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 › Tahara Vale
$1,650,000
Last sold
10 July 2026
5
Bedrooms
2
Bathrooms
2
Car spaces
785 m²
Land
177 m²
Building
Districts View
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
$1,650,000
10 July 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
+10.4%
Median sale
Suburb $1,495,000
-0.31 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 785 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 785 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 on a generous 785m² block in one of Ocean Reef's most sought-after pockets, this beautifully presented five-bedroom, two-bathroom residence offers the complete package for a growing family that loves both space and connection. Positioned in a location that truly delivers, Southern Cross Park sits at the end of the street, while Beaumaris Shopping Centre is just a short stroll away.
The home's thoughtful design strikes a balance between open-plan living and quiet retreats. A sunken formal lounge at the front creates a warm and inviting space to unwind, complete with a charming wood fire and a cosy atmosphere that feels instantly welcoming.
At the centre of the home is a spacious open-plan kitchen, dining and living area which is bathed in natural light from soaring raked ceilings and a central skylight. This central hub connects seamlessly to the adjoining games and bar room, creating an easy flow for entertaining and everyday family life.
The renovated kitchen is both stylish and practical, featuring stone benchtops, ample storage and a five-burner SMEG oven that will appeal to those who love to cook and host. It's a space in which everything has been thoughtfully considered to bring people together.
The master suite offers a private retreat for parents, complete with a walk-in robe, split system air conditioning and a luxe ensuite which features double showers and twin vanities. Four additional bedrooms, all with built-in robes, are supported by a renovated family bathroom.
Multiple living areas ensure there is room for everyone, including two lounges, a separate theatre room and a games room with a built-in bar. Comfort is maintained year-round with ducted evaporative air conditioning, three split systems and the added benefit of a 6.6kW solar system which supports energy efficiency.
Stepping outside, the home truly comes into its own as an entertainer's haven. A pitched patio overlooks an elevated paved area and a sparkling saltwater pool, all framed by established palm trees and a new gazebo which creates a relaxed, resort-style setting.
A double garage with rear access and ample storage throughout completes this impressive offering, delivering a home that is as practical as it is inviting in one of Ocean Reef's most desirable locations.
What we know
• Five bedrooms, a study, and two bathrooms
• Multiple living areas: theatre, formal living, open plan family and meals, and games room
• Master suite with walk-in robe and modern ensuite with double shower
• Double garage with rear access
• Salt water pool with gazebo
• Pitched-roof patio for outdoor entertaining
• Ducted evaporative air-conditioning and 3 split system air conditioners
• 6.6 kW solar power system
• Whole-house water filtration system
• Low-maintenance lawn and well-kept established gardens
What's close
• Southern Cross Park - 140m
• Beaumaris Shopping Centre - 270m
• St Simon Peter Catholic Primary School - 400m
• Prendiville Catholic College - 550m
• Beaumaris Primary School - 550m
• Santiago Park - 800m
• Ocean Reef Senior High School - 1.0km
• Ocean Reef Boat Harbour - 1.7km
• Iluka Foreshore Park - 1.9km
• Mullaloo Beach - 3.6km
• Lakeside Joondalup Shopping Centre - 4.4km
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.