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 › Southern Cross Circle
$2,475,000
Last sold
11 June 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
911 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
$2,475,000
11 June 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
+65.6%
Median sale
Suburb $1,495,000
-1.32 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 911 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 911 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
Positioned on an elevated 911 sqm oceanfront block directly opposite the marina, this beautifully renovated residence captures sweeping coastal views, magical sunsets and offers a lifestyle that is every bit as impressive as the location. With generous proportions, multiple living zones and a fully self-contained studio, it is a home that offers multi-generational flexibility, while also presenting exciting future potential to subdivide and build two brand-new oceanfront homes, subject to WAPC approval.
From the moment you arrive, the outlook takes centre stage. Entertain friends against a backdrop of spectacular sunsets on the front terrace and enjoy the sense of space and privacy that comes with this tightly held coastal position.
Inside, the home has been thoughtfully updated to blend timeless character with contemporary comfort. A sunken lounge creates a warm and inviting place to gather, complete with an open fireplace framed by a solid jarrah mantel and a custom marri timber bar with plumbing and sink. The adjoining dining room adds a touch of elegance with a statement Swarovski crystal chandelier, while a separate living room at the rear features soaring raked jarrah ceilings, arched cedar sash windows, and stacker doors that open seamlessly to the outdoor entertaining area.
The renovated kitchen is both stylish and highly functional, featuring quality appliances including a five-burner Blanco gas cooktop, Bosch oven and dishwasher, all complemented by beautiful American Oak benchtops. A servery window connects seamlessly to the patio, allowing you to keep an eye on the kids while preparing meals.
Accommodation is generous, with four well-proportioned bedrooms and a dedicated home office positioned to take full advantage of the ocean outlook. The main bedroom is a peaceful retreat, offering uninterrupted views, mirrored robes and a beautifully renovated ensuite with a barn door and floating double vanity. Three bedrooms are fitted with mirrored robes and ceiling fans. The main bathroom has been tastefully updated and includes a separate bath and shower, while the laundry offers excellent storage and a separate WC.
Adding exceptional flexibility, the self-contained studio has its own private entrance and includes a spacious living area with split-system air conditioning, kitchenette, bathroom and additional storage. Ideal for extended family, older children, guests or as an income-producing rental, it provides complete independence without compromising privacy. For added peace of mind, it has a triple layered firewall.
Designed for effortless entertaining, the rear of the home centres around a substantial pitched patio with ceiling fans overlooking the resort-style saltwater pool. Featuring a decorative water wall, five fountains, and mosaic detailing, the pool creates a private sanctuary where family and friends can relax and unwind.
Additional features include a double remote undercroft garage, extensive security screening, and a fully reinforced balcony structure for long-term peace of mind.
Rarely does a property offer this combination of a premier oceanfront address, substantial landholding, versatile accommodation and future development potential. Move in and enjoy the lifestyle on offer today, secure a premium investment, or unlock the possibilities of this exceptional coastal site.
What we know
• Multiple living areas
• Sunken lounge room with ocean views
• Renovated kitchen with servery window and premium appliances
• Master suite with panoramic ocean views and renovated ensuite
• Three bedrooms with ceiling fans and mirrored robes
• Self-contained granny flat with bathroom and kitchenette, and panoramic ocean views
• Double undercroft garage
• Pool and low-maintenance gardens
• Large pitched patio with ceiling fans overlooking the pool
What's close
• Southern Cross Park - 450m
• St Simon Peter Catholic Primary School - 1.1km
• Santiago Park - 1.2m
• Prendiville Catholic College - 1.3km
• Ocean Reef Boat Harbour - 1.5km
• Iluka Foreshore Park - 1.8km
• Joondalup Resort Golf Course - 2.7km
• Mullaloo Beach North - 3.2km
• Edith Cowan University - 4.2km
What to know
SET DATE SALE with absolutely ALL offers being presented on Tuesday, the 2nd of June 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.