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 › Santiago Parkway
4
Bedrooms
2
Bathrooms
3
Car spaces
818 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,921/m² of land (n=103). 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.
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 818 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 818 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 EstatePerched on a generous 818sqm corner (and sub-dividable) block, opposite popular Santiago Park, this exceptional family home has been cleverly designed to take advantage of the whole west facing block, offering gorgeous park side views and side access from Barossa Heights for parking of a boat, caravan or other toys when required.
42 Santiago Parkway, Ocean Reef offers a long list of highly sought-after amenities including 4 bedrooms, 2 bathrooms, flexible family living areas, impressive entertaining areas, large side access with secure parking for a boat or caravan, pool, 3 car garage AND opposite a park!
Look no further, seeing is believing at this address!
The main family living area is filled with natural light and consists of a large family room located at the front of the home providing the perfect space for relaxed family nights, or, as an activity area with a built-in study desk and shelves. The second open plan living area boasts high ceilings with striking angles, creating a feeling of space and elegance, adjacent to the well-equipped kitchen.
Care has been taken with the design of the kitchen to ensure it is functional, maximizes space for storage and caters to any occasion with easy access to both the open plan family living area and the covered alfresco when entertaining. Finished with a quality wrap-around stone bench top that provides ample space to prepare meals, ample cupboard space, a gas cook top and electric oven, a dishwasher and a skylight that captures natural light throughout the day.
All 4 bedrooms are good sizes with the master positioned at the front of the home. The main bedroom enjoys an en suite bathroom with a shower, toilet and single vanity, a spacious walk-in robe and tranquil views over the front yard and the parkland's across the road while still being private with tinted windows and lush garden beds. The additional minor bedrooms are located in a separate wing of the home and are all great sizes. The spacious family bathroom will more than accommodate those busy mornings with a spa bath, shower and single vanity with storage.
Sliding doors extend out to the impressive outdoor entertainment area. If you enjoy entertaining or spending time outside, this huge, weather protected space will not disappoint! With a large alfresco finished with “Perspex” paneling, café blinds that allow for entertaining all year round, a built-in bar with a bench and sink, TV point and a wood fireplace for those cooler months of the year - it is clear this is a much loved space. Featuring well-maintained, raised flower beds and opening out to the backyard with a saltwater pool, water feature and lawn area for the pets and kids to run free.
Additional FEATURES include:
- Fully ducted, zoned reverse cycle air conditioning
- Tiled living areas and LED downlights on dimmers
- Tinted windows on the main bedroom and front family room windows
- Main bedroom with an en suite
- Shoppers entry from the garage into the kitchen
- Laundry with built in cupboards and doors to the back yard
- All minor bedrooms with double built in robes
- Alfresco with raised flower beds, a built in rangehood for a BBQ, built in bar with a sink and a gas bayonet point, wood fireplace, TV point and bracket
- Swimming pool with a brand new pump
- Reticulated gardens both in the front and back yard
- Shared water bore
- Solar electricity system with a 1.5kw solar inverter and 8 panels
- Solar hot water system with an electric booster
- 3 car garage with extra high ceilings for parking 4x4's and larger vehicles
- Extensive brackets and shelving to garage
- Brand new oven and rangehood
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.