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 › Venturi Dr
$1,061,000
Last sold
6 Aug 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
743 m²
Land
110 m²
Building
Districts View
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
$1,061,000
6 Aug 2025 · 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
-29.0%
Median sale
Suburb $1,495,000
+1.36 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 743 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 743 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 Attree Real EstateWe had 6 Buyers miss out and are very keen on getting into the area!
Ocean Air Meets Opportunity
We are very happy to present to the market 58 Venturi Drive, Ocean Reef.
Embrace the coastal lifestyle with this charming 3-bedroom, 1-bathroom home in the heart of Ocean Reef. Designed to capture the natural ocean breeze, this home features front and rear aligned large windows, allowing fresh air to flow effortlessly through every room.
Enjoy the spaciousness of a sunken living room that flows seamlessly into a light-filled open-plan kitchen and dining area. A breakfast bar makes for easy mornings, and a separate lounge room provides a cozy retreat. Whether you're relaxing inside or stepping outside to feel the coastal breeze, this home is designed for easy living and endless potential.
Recently refreshed with new floorboards and a renovated bathroom, this property is move-in ready while still offering the opportunity to personalize and extend. Step outside and you'll be greeted by a huge below-ground swimming pool, perfect for cooling off during the hot summer months or enjoying the relaxed outdoor lifestyle that Ocean Reef is known for.
Key Features:
3 bedrooms, 1 bathroom
Recently laid floorboards throughout
Refreshed bathroom with modern finishes
Spacious sunken living room with plenty of natural light
Open-plan kitchen with breakfast bar, leading into separate dining and lounge areas
Huge below-ground swimming pool, ideal for family fun or relaxation
Front and rear aligned large windows to capture the ocean breeze
Expansive 743m² block with potential for extensions or future development
Prime Location: Minutes from Ocean Reef Marina, beaches, cafes, and parks
Close to local schools, including Ocean Reef Senior High School, making it perfect for families
Whether you're relaxing in the sunken lounge, taking a dip in the pool, or planning your next project on this spacious block, this home offers a unique opportunity to live in one of Perth's most desirable coastal suburbs.
Your coastal dream is just a step away.
Contact us today to schedule a tour or learn more about the potential of this amazing property and how you can make it your own!
If you would like any additional information, feel free to contact the team on 0411222105.
Listing description written by Marcus Preece, Attree Real Estate — 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.