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 › Etchell Ct
$820,000
Last sold
3 Jan 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
462 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
$820,000
3 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,923/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
-45.2%
Median sale
Suburb $1,495,000
+2.75 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 462 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 462 m² — that is not official geometry.
Nearby development pipeline
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 Peard Real EstatePrivately nestled in a quiet cul de sac in the heart of Ocean Reef lies this charming family home. From the street front, this property keeps all it has to offer behind a private enclosed courtyard and established trees. The current owners have enjoyed the brilliant location with everything on their doorstep - the beach is approximately 420m away, Ocean Reef Primary School is only a 600m walk - as well as the Ocean Reef shops, cafe and medical center - Through the laneway is “Mirror Park” which is one of Ocean Reef's most popular and largest parks in the area.
This home is sectioned into 3 main living areas, two downstairs and a large entertainment area upstairs.
Upon entry, you are welcomed by a large formal family and dining room with a bay window framing the front courtyard and allowing natural light to stream through. This room is a fantastic size and would cater to an assortment of occasions, whether it's just bringing the family together to relax with a board game, or entertaining, the space is entirely yours to create.
A sectional sliding door separates the formal dining and casual meals area. The “galley style” kitchen provides stainless steel appliances, gas cooktops and a duel oven making preparing meals for the family, or, dinner parties a breeze.
The main bedroom is spacious and offers a walk-in robe and “hotel sized” en suite bathroom with spa bath, shower, and a separate toilet - Space is abundant!
Upstairs:
Climb the spiral staircase to the 2nd level and enjoy ocean glimpses and a balcony with Eco Decking, to enjoy the sea breeze and sunsets. This loft area would make for a fantastic teenage retreat, home office, or general entertainment area.
For some time in the back yard and fresh air, enjoy the privately positioned entertainment area complete with a heightened pergola and the perfect sized plunge pool for a refreshing dip. Framing the outdoor area is an easy care backyard with reticulated gardens meaning you won't need to spend those precious hours doing garden maintenance.
FEATURES of this home include but are not limited to:
- 4 Well-appointed bedrooms
- Bedrooms 2 & 4 have built in robes
- All the minor bedrooms have roller shutter blinds and are in a private and separate wing of the home
- 2 Bathrooms, the family bathroom and en suite
- Family bathroom is complete with a shower, bath, heater lamp and single vanity
- Front formal lounge with bay window and formal dining area with 2 gas bayonets points
- White washed, wooden shutter blinds throughout
- Open plan casual living area with skylight, gas bayonet point, leads from the kitchen and onto the alfresco area, gas bayonet point and ceiling fan
- Sliding doors to the covered alfresco
- Laundry with built in linen cupboard, sink and separate guest toilet
- Living zone upstairs with split system air conditioning, balcony and built-in bar
- Pool with easy care Eco Decking and modern glass pool fence
- Alarm System
- Reverse cycle air conditioning on bottom level
- Reticulated gardens in both the front and back yard
- Double lock up garage with pedestrian door to the back yard and shed
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.
Nearby 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.