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WA › Ocean Reef › Bankfield Retreat

5 Bankfield Retreat, Ocean Reef WA 6027

House

4

Bedrooms

2

Bathrooms

2

Car spaces

758 m²

Land

211 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Ocean Reef (last 5 years) with land size: median $1,921/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Ocean Reef report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown30 Sept 2022
  2. Listedprice unknowncompleted18 Aug 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 758 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 758 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ocean Reef in one glance

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.

See the full Ocean Reef report →

Keep researching

  • Why Ocean Reef? Read the area thesis →
  • What else is on the market in Ocean Reef →
  • Other records on Bankfield Retreat →

Listing material

Listed by Peard Real Estate

UNDER OFFER

Supremely located opposite the picturesque Beaumaris Park on an elevated corner block. This private and peaceful family sanctuary comes complete with air conditioning throughout, a flexible family floor plan, 4 bedrooms and 2 bathrooms, a secure double garage plus a side access gate, perfect for parking a boat or caravan.

Boasting a unique & friendly layout, this property offers style, space, & serenity in abundance and must be seen to be appreciated.

As you enter the home you will appreciate the fresh neutral tones and a breezy ambience throughout. The front formal lounge is conveniently tucked away from the main living area giving you a quiet place to enjoy your favourite shows and movies in peace, located just opposite is a home office/activity area, you decide and make the space work for you! The same goes for the main bedroom located at the front of the home in a private wing of the home with a walk-in robe and a spacious ensuite bathroom.

Read the full description

The main living area is separated from the front living areas with a door creating a distinction between the areas. The heartbeat of this home is the kitchen, well equipped with a central island bench and a breakfast bench for casual meals, gas cooktops, an electric oven and a dishwasher, storage is not short, with a corner pantry and an abundance of built-in cabinetry. The open plan lounge and dining areas are nestled around the large kitchen with sliding doors that take you out to the backyard and entertainment area.

The additional three bedrooms are all great sizes, all are complete with quality carpets and built-in robes. The family bathroom features a bath, glass shower and single vanity. Located nearby are the laundry and family toilet, with sliding doors to the washing line and 2 linen cupboards for ample storage.

When it comes to outdoor entertaining, thanks to the large wrap-around patio you are completely protected from the elements all year round meaning you have the ultimate place for outdoor dining no matter the weather. Surrounded by established flower beds and large trees, finished with paving for low maintenance care.

LIFESTYLE Benefits:

- Directly opposite the Beaumaris Nature Park

- 600 m - Beaumaris Primary School

- 2 min (1.3 km) - Ocean Reef Foreshore

- 3 mins (1.6km) - Currambine Central Shopping Mall including Woolworths & Grand Cinemas

- 3 min (1.6 km) - Prendiville Catholic College

- 4 min (850 m) - IGA Beaumaris

- 6 min (3.1 km) - Ocean Reef Boat Harbour

FEATURES Include, but are not limited to:

- Main bedroom with walk-in robe, ensuite bathroom with extended single vanity, toilet and shower

- Front lounge with carpet

- Tiled home office/activity room

- Kitchen large with centre island corner pantry, wall mounted Omega oven, gas cooktop of the same brand, Euromaid dishwasher, double sinks, breakfast benchtop

- Open plan lounge and dining area

- Bedrooms 2,3 & 4 all with carpet and built-in robes

- Laundry with x2 linen cupboards and a separate toilet

- Ducted air conditioning throughout

- Large wrap-around alfresco with established landscaping, outdoor shower, paving and flowerbeds with no lawn

- Side access gate for parking a boat caravan or extra cars

- Gas hot water system

- Expected rental return of $700-$725 per week

* PLEASE NOTE while every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change.

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 Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.