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 › Randell Cres
5
Bedrooms
4
Bathrooms
5
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 EstateThis spacious property is sure to get the attention it deserves, offering large family living zones, and a dream outdoor entertainment area that is hard to beat - all this located only footsteps away from the coast and also enjoying stunning ocean views!
With a neutral façade, framed by a private and enclosed frontage, this home offers more than can be imagined from the street front.
Beyond the double-door entry and a grand foyer that welcomes you inside, this residence boasts a spacious and modern floor plan that accommodates any number of occasions. The large open-plan living, dining and kitchen effortlessly connect to the brilliant outdoor alfresco area. For family nights in, the ultimate home theatre with seat risers, a projector screen and a surround sound system will make your movie nights the envy of all! For some extra downtime, there is a separate family lounge, the perfect place for family activities.
The bedrooms are located both downstairs and upstairs creating the perfect family separation. 4 of the bedrooms include their own ensuite bathroom. The main bedroom is located upstairs, from the top of the staircase you are greeted by a spacious landing with plenty of natural light and stunning ocean views. The main bedroom suite is complete with a walk-in robe and a modern ensuite bathroom with a freestanding bath, a luxurious “rain head” shower, toilet, and a double-stone vanity. Also located upstairs is a home office/nursery 5th bedroom to make your own.
Slide open the doors from the main family living area and walk out to the large alfresco - One of the true selling points of this great home! Providing a year-round entertainment space that can be closed off from the elements when required. With an impressive outdoor kitchen that has been designed without compromise which includes a built-in BBQ, an oven, Bosch dishwasher, stone benchtops, and an abundance of storage. Stunning cedar-lined ceilings with downlights and ceiling fans complement this space while also enjoying ocean views and the modern swimming pool down below.
Low maintenance luxury is yours for the taking and this home truly needs to be seen to be appreciated!
LIFESTYLE Benefits: Within easy access to Hodges Drive to the freeway, within a short distance to popular cafes, shops parks and schools, as well as:
- 3 min (1.5 km) Ocean Reef Boat Harbour
- 3 min (1.1 km) Ocean Reef Senior High School
- 5 min (3.2 km) Mullaloo Beach and entertainment strip
FEATURES Include but are not limited to:
DOWNSTAIRS:
- Bedroom 1 is located at the front of the home with floating floors and an ensuite bathroom
- Bedroom 2, is a mirror image of bedroom 1 with an ensuite bathroom and a walk-in robe
- Bedroom 3 with its own lounge/activity area, an ensuite bathroom, ocean views, a walk-in robe and sliding doors to the alfresco, perfect for extended family or adult children with their own entrance
- Storage under the staircase
- Large open plan tiled living area with ocean views
- Separate family lounge with dual access
- Large “U- Shaped” kitchen with wrap-around countertops, Miele dishwasher, a spacious corner pantry, Rangemaster freestanding gas cooktop and oven with a rangehood
- The laundry leads off the kitchen with a large benchtop and separate guest toilet shoppers entry from the garage
- Fully equipped theatre with seat riser seating, a projector screen and speaker system, a roller shutter to black out the room
UPSTAIRS
- Upstairs carpeted landing/parents retreat with ocean views
- The main bedroom suite with an en suite bathroom and a walk-in robe
- En suite bathroom with double vanity, “rain head” shower and a toilet
- Bedroom 5 / home office located next to the main bedroom
OUTSIDE:
- A large covered alfresco with timber cedarlined ceiling and two ceiling fans
- An enclosed outdoor kitchen with gas cooking appliances, an electric oven, dishwasher, Vintec dual fridges, stone benchtops and loads of storage
- Paved throughout for easy care and low-maintenance living
- A below-ground 15 meter solar heater swimming pool & shed
- Double garage plus additional parking for a boat or cars if required
- 821sqm block
*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.