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 › Vigilant Tce
$1,600,000
Last sold
22 Apr 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
833 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
$1,600,000
22 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,922/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
+7.0%
Median sale
Suburb $1,495,000
-0.22 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 833 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 833 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 RE/MAX Extreme CurrambineEnsuring the ultimate in coastal living, this five bedroom, two bathroom two-storey residence delivers in every aspect, including the myriad of indoor and outdoor entertaining spaces. This is the perfect opportunity to secure a prime coastal family home just a short stroll to stunning white sand beaches, walking and cycling pathways and the upcoming world class Ocean Reef Marina. Set in an elevated position amongst impeccably presented homes, this spectacular property features beautiful light-filled living spaces and offers a choice of three balconies to soak up the breathtaking ocean panorama and stunning sunsets over the Indian Ocean. Designed to accommodate multi-generational living or cater to the needs of a modern family, it promises a lifestyle of comfort and convenience.
At a glance:
Five bedrooms, two bathrooms + powder room, below-ground pool, spa, shed, spacious front and rear gardens, and a double garage with additional storage space.
In detail:
This well-designed floor plan spans two levels, providing ample separation for all family members. The ground floor serves as the heart of the home, where you'll find the main living with kitchen, meals, family lounge and formal living. Beyond a private sliding door lie three generously sized minor bedrooms, and a modern main bathroom. Completing this section of the home are the laundry facilities and linen storage. The family lounge seamlessly connects to the outdoor entertaining area where you can bask in the breathtaking ocean views and lush established gardens. With an abundance of entertaining spaces, you'll be spoilt for choice when hosting family and friends and relishing the resort-like coastal lifestyle.
Ascending to the upper level, you'll find a spacious study nook and a parent retreat equipped with kitchenette, sink and cabinet. Choose your favourite from the three balconies available. The main bedroom boasts a walk-in fitted robe, and a spacious ensuite with spa tub, shower, vanity, and separate toilet. The fourth minor bedroom is located off the parent retreat and has access to the powder room. Ocean views can be enjoyed from both levels of the home.
Additional features:
- Centrally positioned kitchen with picturesque views, breakfast bar, pantry, double fridge recess, microwave recess, gas hob, electric oven, and ample cupboard and bench space
- Three indoor living areas
- Reading nook
- Balconies off the study space and parent retreat
- Ceiling fans
- Timber-look flooring
- Low-maintenance tiling in wet areas
- Recently installed plush carpeting
- Neutral colour palette throughout
- Built in double robes in all minor bedrooms
- Under stair storage
- Established gardens with front and rear lawns, and fruit bearing trees
- Two rainwater tanks
- Shed
- Below ground, lagoon-style salt chlorinated pool with sand filter
- Outdoor spa with shade sail
- Secure double garage with spacious extra storage space and rear access
Located in an exclusive coastal location and offering easy access to beautiful beaches, local amenities, cafes and restaurants, schools, and public transport. Contact Kathy Moore of Brett White Team on 0425 575 669 to book your viewing.
Listing description written by Brett White, RE/MAX Extreme Currambine — reproduced as published, not verified by Districts.