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 › Bacchante Circle
$1,350,000
Last sold
8 Apr 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
788 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
$1,350,000
8 Apr 2022 · 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
-9.7%
Median sale
Suburb $1,495,000
+0.36 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 788 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 788 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 EstatePacked to the rafters with extras and ready to move into today, this property defines comfort and relaxation! Enhanced by the fantastic location, this home does no less than encourage a blissful lifestyle within moments from our pristine Western Australian coastline. This double storey property presents 5 bedrooms, 2 bathrooms and a parents retreat with 180 ocean views.
Boasting a unique & friendly layout, this breathtaking residence offers style, space & serenity in abundance and must be seen to be appreciated. The living areas consist of an open plan living, dining and kitchen area that seamlessly connects to the outdoor alfresco. A separate theater room nestled quietly at the front of the home and a games room with sliding doors to an enclosed sunroom outside ideal for family entertainment.
The galley style kitchen is light and bright with granite transformation benchtops, also doubling as a breakfast bar for quick bites, Westinghouse dishwasher, 4 burner Blanco gas cooktop, rangehood and an electric oven. The custom built soft close drawers and cupboards provide fantastic storage facilities.
Combining all the creature comforts one could wish for, with an iconic beachside setting, there is something for the whole family to enjoy.
The bedrooms define comfort and relaxation with 3 of the 5 bedrooms located downstairs away from the main living areas, 4 of the bedrooms are fitted with Fujitsu split system air conditioner and built in robes. To accommodate the bedrooms is a well equipped family bathroom, complete with a bath, shower, vanity and a separate powder room with a toilet and basin.
The master bedroom suite is perched on the top level where commanding panoramic ocean views greet you from the top of the stairs. The main bedroom is spacious with a walk-in robe fitted with custom shelving, a Fujitsu split system air conditioner and an ensuite bathroom. Enjoy views everyday from the bath and the shower in the en-suite where large windows frame the coastline and refresh your mind. There is a separate powder room with toilet and sink for added convenience. The 5th bedroom is also located upstairs with a built-in robe and ocean views. Pop the champagne and watch the sunset from the parents retreat and through sliding doors to a balcony - this upstairs area is fantastic!
Spending time outside or entertaining, no matter the weather, is always an option with a separate sunroom and a wrap-around alfresco area that overlooks the “no fuss - no maintenance” paved area and manicured garden beds - once again enjoying the incredible ocean views.
Just to name a few of the many LOCATION Benefits:
- Iluka Beach front - approx. 1.6km
- Ocean Reef Marina - approx. 3km
- Lakeside Joondalup - approx. 5.1km
- Joondalup Resort Golf Course approx. 3.8km
FEATURES of this home include, but are not limited to:
- A spacious frontage with deep set driveway for additional parking
- Double door entryway with double height loft ceiling and a feature chandelier
- Double garage with space for worktop benches, storage and a door that leads out to the backyard
- Enclosed theater room to the right of the front door with double sliding doors
- Storage room under the staircase
- Open plan lounge and dining with large windows drawing in natural light and ocean views, a gas bayonet point for heating, NBN and TV point
- Bedroom 2 with double mirrored robes and Fujitsu split system aircon
- Bedroom 3 with triple built-in sliding robes and Fujitsu split system large queen size
- Bedroom 4 with double sliding robes, Fujitsu split system and Foxtel point
- Deep set linen cupboard in the passage
- Family bathroom with bath shower, single vanity and heater lamp
- Powder room with separate toilet and sink
- Laundry with sliding doors to the clothes line and built in linen cupboard
- Activity/Games room with Foxtel points, carpet and split system air conditioner, sliding patio doors out to the entertainment area and a door that goes back to the open plan living room
- Reticulated gardens both at the front and the back
- Large workshop / shed
- Block size approx. 788sqm
- Built in approx. 1995
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.