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 › Transom Way
$1,985,000
Last sold
29 May 2026
6
Bedrooms
2
Bathrooms
2
Car spaces
793 m²
Land
281 m²
Building
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
$1,985,000
29 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/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
+32.8%
Median sale
Suburb $1,495,000
-0.83 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 793 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 793 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 Realmark UrbanWhat to love
A tidy, well-maintained frontage with a fully enclosed front yard leads into a fully renovated home offering the kind of space, flexibility, and lifestyle that is increasingly rare to find. The enclosed front area adds a welcome layer of privacy and security, and doubles as a safe space for children or pets to play.
Inside, the floorplan has been considered for family life at every stage. Six bedrooms and three separate living areas provide genuine room to spread out, with built-in robes to all downstairs bedrooms ensuring easy everyday living. The master suite is privately positioned with a walk-in robe and his-and-hers ensuite, offering a quiet retreat away from the main activity zones.
The U-shaped kitchen sits at the centre of the home, featuring modern appliances, high-end finishes, and plenty of storage. It overlooks the rear patio and outdoor areas, flowing naturally through to the dining and living spaces and creating a seamless connection between indoor and outdoor entertaining.
Outdoor living is where this home truly stands apart. A huge covered patio is fitted with a built-in BBQ, rangehood, and sink, making it the ideal setting for weekend entertaining throughout the year. Beyond the patio sits another grassed back garden and a stunning swimming pool framed by exposed aggregate concrete, creating a resort-style backyard.
Comfort is assured in every season thanks to a 15kW Daikin ducted zoned reverse cycle air-conditioning system servicing the downstairs, complemented by a split system upstairs. A 6.6kW solar system helps manage ongoing running costs, while a separate laundry and double garage with shopper's entry complete a package built for luxurious and practical living.
For families seeking space, quality, and a true lifestyle home in Ocean Reef, 5 Transom Way delivers on every front.
What we know
• Fully renovated six-bedroom, two-bathroom family home
• Master suite with walk-in robe and ensuite
• Built-in robes to all downstairs bedrooms
• Three separate living areas
• Kitchen with 900mm oven and five-burner cooktop
• Huge covered patio with built-in BBQ, rangehood, and sink
• Swimming pool with exposed aggregate concrete surround
• Separate laundry
• Double garage with shopper's entry
• 15kW Daikin ducted zoned reverse cycle air-conditioning downstairs
• Split system air-conditioning upstairs
• 6.6kW solar system
• Auto reticulation to front and rear gardens
• Enclosed front and rear grassed garden areas
What's close
• Ocean Reef Senior High School: 360m
• Ocean Reef Primary School: 470m
• Lexcen Park: 500m
• Prendiville Catholic College: 1.4km
• IGA Beaumaris: 1.4km
• Ocean Reef Boat Harbour: 1.7km
• Mullaloo Beach: 2km
• Joondalup Resort Golf Course: 2.5km
• Edgewater Train Station: 4.8km
• Lakeside Joondalup: 5km
What to know
SET DATE SALE with absolutely ALL offers being presented on Tuesday, the 12th of May at 1 pm. The Seller reserves the right to sell prior to this date, so we encourage offers as early as possible.
Listing description written by Nathan Whennen, Realmark Urban — reproduced as published, not verified by Districts.