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 › Constellation Dr
$1,220,000
For sale
$1,220,000
Last sold
7 Feb 2024
6
Bedrooms
3
Bathrooms
3
Car spaces
768 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
Asking
$1,220,000
7 Feb 2024 · 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
-18.4%
Median sale
Suburb $1,495,000
+0.75 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.
$57,871 on top of the price (4.7% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Ocean Reef's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 768 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 768 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 Ray White North Quays - SorrentoCONTACT TOM VOYCE FOR A PRIVATE VIEWING!
Thoughtfully transformed with care and vision, from the moment you arrive you'll be captivated by the quality, warmth and inviting energy of this high-end coastal sanctuary. Surpassing expectations and perfectly suited to multigenerational families, every detail has been curated to create a living environment that's as functional as it is beautiful.
A home that lives and breathes light and occupying a generous 769sqm, the lavish, six-bedroom, three-bathroom haven boasts expansive living areas, deluxe bathrooms, connoisseur's kitchen and a self-contained studio apartment. Walking distance to the world-class Ocean Reef Marina, welcome to 51 Constellation Drive.
Main Residence:
• Light-filled formal loungeroom and adjoining dining area
• Showcasing soaring ceilings, a sprawling family/kitchen zone is designed for both everyday living and effortless entertaining
• Designer kitchen featuring a sit-up dining island, smooth countertops, shaker cabinetry, farmhouse-style sink, pantry storage and premium appliances
• Family-sized laundry with smooth benchtops and cabinet storage
• Large primary bedroom suite comprising a walk-in robe and an immaculate ensuite
• Three spacious additional bedrooms (two with built-in robes) share another sleek bathroom, including a separate bath and shower and a separate toilet
• Highly versatile home office that could be used as a potential sixth bedroom
• Sliding doors roll back to reveal a sprawling backyard, an enclosed alfresco and other entertaining options that's set against a landscaped backdrop
• Feature skylights in the main living area
Self-Contained Studio Apartment:
Boasting a separate living area, an ultra-modern kitchenette, spacious bedroom, pristine ensuite and its own alfresco, this flexible space is ideal for accommodating guests, multi-generational living or an extra income with exceptional investment potential through Airbnb and other short-term accommodations.
Extra Features You'll Love:
• Ducted reverse-cycle air-conditioning
• Three additional split-system air-conditioners
• Huge lock-up garage with an adjoining workshop
• Security alarm system
• In-floor safe
• Energy-saving solar panels
Location Highlights:
Opposite Santiago Park, stroll to Beaumaris City Shopping Centre, Beaumaris Primary School, Prendiville Catholic College and Ocean Reef Senior High School. Moments from sun-kissed beaches, Joondalup Golf Resort, Currambine Central Shopping Centre, Currambine Station and the freeway.
Beautifully presented for sale and sure to impress, come home to the good life where luxury lives forever.
To register your interest, contact Tom Voyce today on 0451 198 874
Listing description written by Tom Voyce, Ray White North Quays - Sorrento — 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.