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 › Southern Cross Circle
$1,300,000
Last sold
18 June 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
471 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
$1,300,000
18 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/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
-13.0%
Median sale
Suburb $1,495,000
+0.50 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 471 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 471 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 Haiven Property CentralCommanding a coveted street front position with mesmerising marina, ocean and sunset views from upstairs, this stylishly renovated charmer is all about lifestyle and liveability. The flexible floor plan flows effortlessly, with the main upper level living area framed by multiple windows that capture the ever changing seascape, beyond a fabulous entertaining balcony. Downstairs, choose your own adventure — a fourth bedroom / a second lounge or a peaceful retreat, it’s completely up to your own personal needs and desires. Out the back, the shimmering pool beckons for lazy afternoons and evening soaks. And with the exciting Ocean Reef Boat Harbour redevelopment just a stroll away, it’s clear that this one is more than a home — it’s where your coastal story begins!
THE HOME
3 bedroom
2 bathroom
Upstairs living / dining / kitchen
Downstairs second living / 4th bedroom
Laundry
2 wc
Built approximately 1990
FEATURES
A tiled entry foyer introduces you to the flexible front fourth bedroom that is large in size, carpeted for comfort and doubles as a second lounge or activity room with split system air conditioning, an attractive character ceiling rose and direct access out to the secure front garden
Spacious and carpeted third downstairs bedroom with split system air conditioning, a walk in wardrobe and a remote controlled security roller shutter
Large carpeted second bedroom on the ground floor, with split system air conditioning, a built in double robe and pleasant views out to the pool
Revamped downstairs second bathroom with a rain shower and separate bathtub
Tiled lower level laundry, comprising of a storage cupboard, internal hanging space and external access to the side of the property
A generous under stair storeroom, a double linen press and a separate wc complete the downstairs features
A carpeted open plan living and dining area upstairs that is nice and functional and is kept comfortable all year round by a split system air conditioning unit
A stylish kitchen with tiled flooring completes the open plan upper level hub with its sparkling granite bench tops, walk in pantry, double sinks, water filter tap, microwave and appliance nooks, ample power points, stainless steel range hood, stainless steel five burner Baumatic gas cooktop, under bench Westinghouse oven and stainless steel Bosch dishwasher
Massive king size upstairs main bedroom with carpet, ocean views to wake up to, a striking ceiling rose, split system air conditioning, security roller shutters and a large walk in robe
Updated main upper level bathroom with a generous rain shower and a wc, all separate from the adjacent powder/vanity area
Solar power panels
Gas bayonet heating
Stylish light fittings and wine bottle storage to the living space
Feature down lights
Solid brick and tile construction
OUTSIDE FEATURES
A private and gated front yard entrance and easy care reticulated gardens, as well as a space for the kids to run around and play in safety and security
A lovely rear alcove off the third bedroom, overlooking a splendid backyard deck and a shimmering below ground swimming pool that is heated, has a protective cover and helps complete your tranquil garden oasis
Seamlessly accessible via the main upstairs living space, a huge wraparound patio balcony extends outdoor entertainment options to a stunning backdrop of ocean and marina views, as well as magical evening sunsets and the natural phenomenon of an incoming storm on the horizon, from time to time
Instantaneous gas hot water system
Reticulated front lawn
PARKING
Secure remote controlled double carport for peace of mind, accompanied by a handy lock up storeroom with a light
LOCATION
The most enviable of convenient lock up and leave coastal lifestyles beckons here, mere footsteps away from the beginnings of the new marina, bus stops, leafy parklands, Ocean Reef Senior High School, St Simon Peter Catholic Primary School, Beaumaris Primary School, Beaumaris City Shopping Centre and medical centres. Craving the sand between your toes? Spectacular beaches – including glorious Mullaloo – are moments away, with Prendiville Catholic College, Currambine Central marketplace, tapas and drinks at Bar Olé and The Iluka, world class golf at Joondalup Resort, freeway access and public transport all at your fingertips. It’s not just about location here — it’s about living the dream. This, ladies and gentlemen, is seaside life turned all the way up!
TITLE DETAILS
Lot 1 on Strata Plan 19656
Volume 1874 Folio 327
ZONING
R20
STRATA INFORMATION
189 sq. metres internally
282 sq. metres Courtyard
471 sq. metres in total
2 Duplexes to the total
ESTIMATED RENTAL RETURN
$1,000 - $1,100 per week
OUTGOINGS
City of Joondalup: $2,502.79 / annum 24/25
Water Corporation: $1,429.45 / annum 24/25
No strata fees
Disclaimer: Whilst every care has been taken in the preparation of the marketing for this property, accuracy cannot be guaranteed. Prospective buyers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Seller or the Seller’s Agent and are expressly excluded from any contract.
Listing description written by Clare Nation, Haiven Property Central — reproduced as published, not verified by Districts.