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 › Fleetwing Heights
4
Bedrooms
2
Bathrooms
2
Car spaces
821 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
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.
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 821 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 821 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 Peard Real Estate Property ManagementCapitalising on an elevated 820sqm with breathtaking ocean views from every floor, this residence re-defines quality family living, with a superb collection of indoor and outdoor spaces paired with a myriad of executive features.
The lifestyle that comes with this fantastic Ocean Reef enclave is one of beauty and convenience. The quiet street is met with parkland, morning walks along the pristine beach or serene nature trails opposite can become routine, and a collection of amenities including schools, shops, services and the soon-to-be new Ocean Reef Marina all nearby.
Stepping inside, the floorplan commences with a spacious front-living and dining rooms, where high-ceilings, a domed recess and quality wool carpets create a contemporary coastal style to complement any decor. The hub of the home is created at the intersection of the family, meals and kitchen zones, all headlined by stunning ocean views. Waterfall Corian benchtops and full-size splash backs, premium appliances and ample storage are ready to accommodate all of your culinary ventures.
Designed for those that love to entertain, a sprawling games room with its own ornate timber bar opens out to the alfresco, where glass bi-fold doors invite the cool, coastal air for your soirees all year-round. This space overlooks the glistening poolside and manicured gardens, all with the backdrop of the Indian Ocean.
The second-floor doubles as a luxury parents retreat, complete with the creature comforts of a lounge, executive study/nursery and a covered balcony graced by the truly spectacular coastal outlook. The package is complete with a walk-in robe and a sleek, modern en suite, fully-tiled with dual basins, a sumptuous free-standing bath-tub and the pleasure of heated towel-rails. The master bedroom and lounge lead directly out to the balcony through large sliding doors. There is also a spiral staircase making easy access between the fully wrap around patio and the balcony.
More Features:
820sqm
Huge master bedroom with sliding door access to balcony
3 queen size bedrooms with double build-in robes
En suite - fully renovated with free-standing bath, double vanity, heated towel rail, fully tiled
Spacious front-living
Games room with ornate timber bar and recessed ceiling
Alfresco with glass bi-fold doors
Powder room
Ample storage - walk-in linen, under staircase storage and large walk-in cupboard to hallway
Bathroom 2 - fully renovated with free-standing bath, double vanity, heated towel rail, fully tiled
Parent's retreat - lounge and balcony with cafe blinds and ocean views
Nursery/executive study
Below-ground pool with solar blanket, waterfall and gazebo, all enclosed by glass pool fencing
Double garage with roller-door to rear for more parking opportunities. There is also room for parking 6 extra card on the paved driveway
Paved parking for boat/caravan also
Large powered storage shed and separate pool shed
Ducted air-conditioning to both levels of home
Split reverse cycle air-conditioning in mail family area
Ceiling fans throughout
Ducted vacuum to both levels and garage
Gas bayonet to both levels
Fully reticulated
Listing description written by Pauline Lyon, Peard Real Estate Property Management — reproduced as published, not verified by Districts.