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WA › Ocean Reef › Santiago Parkway

42 Santiago Parkway, Ocean Reef WA 6027

House

4

Bedrooms

2

Bathrooms

3

Car spaces

818 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 818 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ocean Reef (last 5 years) with land size: median $1,921/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Ocean Reef report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown1 Mar 2023
  2. Listedprice unknowncompleted21 Oct 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ocean Reef in one glance

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.

See the full Ocean Reef report →

Keep researching

  • Why Ocean Reef? Read the area thesis →
  • What else is on the market in Ocean Reef →
  • Other records on Santiago Parkway →

Listing material

Listed by Peard Real Estate

UNDER OFFER!

Perched 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!

Read the full description

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.

Property features

  • Living Areas: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.