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 › Milne Ct
$1,365,000
Last sold
15 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
405 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
$1,365,000
15 Dec 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
-8.7%
Median sale
Suburb $1,495,000
+0.32 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 405 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 405 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 SHYFT RealtyDiscover this beautifully designed, brand-new residence that blends refined style with effortless liveability. Wrapped in soft modern tones, sleek black accents and premium finishes, it delivers luxury at every turn. Set in a quiet, family-friendly cul-de-sac within the sought-after suburb of Ocean Reef, close to quality schools and the upcoming Ocean Reef Marina Precinct, it offers the ultimate low-maintenance, lock-up-and-leave lifestyle and crafted for those who appreciate beauty, detail and the feeling of truly arriving home.
The home opens to a wide entryway and large-format tiles that set the tone for the contemporary elegance that flows throughout. Positioned for complete tranquillity, the master suite offers a luxurious retreat with plush carpets underfoot, an expansive walk-in robe and an open ensuite appointed with stone benchtops, dual vanities, a walk-in shower and floor-to-ceiling tiling. Every detail is curated to echo the calm and elegance of a high-end boutique escape.
A dedicated bedroom wing offers two additional rooms with plush carpets and mirrored robes, complemented by a luxurious family bathroom with extended stone benchtops, a floating vanity, full-height tiling and a deep bath. A designer powder room adds further convenience for family and guests alike. While a third bedroom positioned separately, continues the home's refined sense of luxury and ease. A beautifully appointed laundry enhances everyday convenience, with overhead and under-sink cabinetry, a linen cupboard and direct access to the outdoor drying court.
At the heart of the home, the gourmet kitchen stands as a true showpiece. Stone benchtops with marble accents, an undermounted double sink, overhead cabinetry, a 900mm Artusi oven and soft-close joinery elevate both style and function. The spacious scullery, with a second double sink, pantry, built in Artusi microwave and extensive storage, keeps the main space pristine and perfect for entertaining. Overlooking a light-filled open-plan living and dining area, this central zone is designed for effortless everyday living.
Designed for flexibility, the second living room becomes an ideal theatre, games room or kid's retreat, with direct access to the paved alfresco, enhancing the home's indoor–outdoor flow. Double sliding doors dissolve the boundary between inside and out, revealing a private, spacious paved alfresco with low-maintenance reticulated landscaping forming a serene backdrop for gatherings, morning coffees and year-round enjoyment.
A sanctuary of modern luxury, lifestyle convenience and beautifully curated spaces, ready to be lived in and loved.
Additional features:
• Brand new build
• High ceilings
• Zoned reverse cycle ducted air conditioning throughout
• Secure double garage
Location features:
• 850m to Lexcen Park
• 2km to Ocean Reef Marina
• 2.8km to Mullaloo Beach
• 5.4km to Lakeside Joondalup
• 6.3km to Edgewater Station
• Close to Ocean Reef Primary, Ocean Reef Senior High, St Simon Peter Catholic Primary & Prendiville Catholic College
Listing description written by Annie Robinson, SHYFT Realty — reproduced as published, not verified by Districts.