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
5
Bedrooms
2
Bathrooms
2
Car spaces
728 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 728 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 728 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 Davey Real Estate PadburySubtly understated from its modest street frontage in the most tranquil and secluded of cul-de-sac settings, this stylish 5 bedroom 2 bathroom home has something for absolutely everybody, with its functional and versatile floor plan destined to tick all of your boxes.
A comfortable front lounge room welcomes you inside and is graced by modern timber-look flooring and a gas bayonet for heating. Also at the front of the house - and boasting matching floors - is an expansive master-bedroom suite with a ceiling fan, a walk-in wardrobe and an intimate ensuite bathroom, comprising of a shower, toilet and vanity.
The adjacent fifth bedroom - or study - is carpeted and sits behind a gorgeous French door. Depending on what your personal needs are, this flexible room can be whatever you want it to be, even a nursery.
A central open-plan kitchen and dining area is tiled for easy living and plays host to a skylight, breakfast bar for quick bites, double sinks, a water-filter tap, a microwave nook, glass splashbacks, ample storage (including display cabinetry) and quality stainless-steel range-hood, Smeg six-burner gas-cooktop/oven and Fisher and Paykel-dishwasher appliances. It all so impressively overlooks a spacious and sunken family room with a gas bayonet for heating and seamless outdoor access to a pitched back patio for all-seasons' entertaining. A gas bayonet out here means summer barbecues are definitely on the cards in just a few months' time.
Back inside, the second bedroom has a ceiling fan and built-in double robe, with fans also prevalent within the third and fourth bedrooms. All are serviced by a separate bath and shower within the main family bathroom, a single linen press and a fully-tiled laundry with over-head and under-bench storage cupboards, a separate fully-tiled second toilet and external access for drying.
A large easy-care backyard has lawn that the kids and pets will love and leaves more than enough room for a future swimming pool, if you are that way inclined. An enormous powered workshop shed at the rear has both pin-code and roller-door access, as well as a connecting pitched patio/storage lean-to, a pitched internal ceiling, a mezzanine storage level and lots of bench space. The "tradie's dream" continues in the form of an extra-large remote-controlled double lock-up garage with built-in storage, a bonus side storage area and drive-through access to the yard (and workshop) for extra secure parking - and plenty of it.
Embrace an enviable coastal location only minutes away from gorgeous beaches and the site of the new and exciting Ocean Reef Boat Harbour
Redevelopment, with Ocean Reef Senior High School, Prendiville Catholic College, sprawling local parklands and bus stops all so effortlessly accessible and within walking distance. The likes of Ocean Reef Primary School, St Simon Peter Catholic Primary School, Beaumaris City Shopping Centre, more shopping at Currambine Central Marketplace and Lakeside Joondalup, world-class golf at Joondalup Resort, train stations, the freeway and so much more are also in close proximity for living convenience. There is so much to love about this unique residence - and it's now time for you and your dearest to experience it all, first hand!
Other features include, but are not limited to;
- Solid brick-and-tile construction
- Multiple Living Zones
- Feature entry door
- Carpeted minor bedrooms - with pleasant backyard views from the 2nd/3rd/4th bedrooms
- Double linen press
- Ducted and zoned reverse-cycle air-conditioning
- Feature skirting boards
- Instant gas hot-water system
- Reticulation
- Gated side access for extra security
- Large Powered Workshop
- Private entertaining patio
- Low-maintenance survey-strata street-front block
Disclaimer - Whilst every care has been taken in the preparation of this advertisement and the approximate outgoings, all information supplied by the seller and the seller's agent is provided in good faith. Prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters.
Listing description written by Eon Dyson, Davey Real Estate Padbury — reproduced as published, not verified by Districts.