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 › Mainsail Dr
4
Bedrooms
2
Bathrooms
6
Car spaces
514 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 514 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 514 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 The Agency Perth'OLD DUNSBOROUGH BEACH HOUSE" VIBES!
Perched proudly in an elevated corner locale, 45 Mainsail Drive commands attention and captures sweeping ocean vistas that set the scene for RELAXED COASTAL LIVING.
Only 11 years young, and built by award winning luxury home builder Mondo Exclusive Homes, every element of this home has been thoughtfully designed to offer a home that is both breathtaking and functional.
As you approach the home, you're immediately greeted by a sense of presence and quality. A generous covered porch, with a blend of rendered and feature brick walls, creates a welcoming first impression and offers a sheltered space to pause before entering. The super-sized solid timber front door makes a striking statement, hinting at the craftsmanship and attention to detail found within.
Stepping inside, you're welcomed by a wide entrance and a feature recessed wall, creating a gallery-like feel for displaying your favourite art and setting the tone for the home's bespoke layout and inviting interiors throughout.
The floor plan offers numerous living space for both adults and children, with multiple zones to come together or enjoy quiet moments apart—ideal for growing families or those who love to entertain.
The heart of the home is the stunning open plan kitchen with panoramic ocean views, granite bench tops and island bench/breakfast bar, and an abundance of storage, designed with both practicality and style in mind. The kitchen flows seamlessly into the meals, dining, living and balcony, making it a hub for daily life.
From its lofty position, the home enjoys refreshing sea breezes throughout the summer months, while the expansive balcony provides the perfect spot to sit back, unwind, and watch the sail boats and world go by. This family home exudes 'Old Dunsborough Beach House' vibes.
Outdoors, the home boasts a north facing rear yard, entertaining area, and a substantial freestanding workshop and shed, with convenient side access, providing secure parking for a boat, caravan, or trailer—ensuring there's room for all the toys.
Combining elevated coastal charm with practical family living, this home perfectly balances lifestyle and functionality.
FEATURES YOU WILL LOVE:
* Panoramic ocean views
* High ceilings
* Multiple living areas
* Excellent separation between the master and minor bedrooms
* Stunning open plan kitchen with ocean views, granite bench tops, island bench/breakfast bar, 900mm Blanco gas cook top and oven, feature glass splashback, dishwasher, and double sink
* Air conditioning
* BIRs, study desks, and timber fans to the minor bedrooms
* Super-sized double garage with extra power points, storage and 35 course high ceilings
* Extra wide exposed aggregate driveway
* Theatre room with double window blinds (sheer and block out) and gas bayonet
* Oak internal doors
* Decorative light fittings
* Luxaflex plantation shutters
* Full height tiling to bathroom and ensuite
* Lockable internal laundry door - ideal for an inside/outside area for pets
* Sun and wind proof blinds to balcony
* 6m x 3m workshop and separate shed
* Low maintenance established gardens with fig and olive trees
* Abundance of storage
* Parking for 5 cars, a caravan, and a boat
LOCATION HIGHLIGHTS:
Perfectly positioned in one of Perth's most exciting coastal corridors, this family home offers an exceptional lifestyle opportunity with major developments right on its doorstep.
Just moments away, the highly anticipated Ocean Reef Marina is undergoing a multi-million transformation into a world-class waterfront precinct featuring premium dining, retail, ocean pool, and leisure experiences. Complementing this is Sunset Plaza (Due for completion Qtr 4 - 2026) and set to introduce a Coles supermarket, Revo gym, and an exclusive rooftop bar by the creators of the Hillarys Beach Club. Together, these landmark projects are redefining the local landscape and cementing Ocean Reef's reputation as one of Perth's premier coastal destinations—promising outstanding lifestyle benefits and strong long-term capital growth potential.
The lifestyle on offer here is hard to beat!
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 Daren Schneider, The Agency Perth — reproduced as published, not verified by Districts.