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 › St Vincent Pl
$650,000
Last sold
4 Aug 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
391 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
$650,000
4 Aug 2022 · 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
-56.5%
Median sale
Suburb $1,495,000
+4.34 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 391 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 391 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 EstateDreaming of a coastal lifestyle, with a low maintenance home in a convenient location?
5B St Vincent Place, Ocean Reef offers all that and more without sacrificing on space or lifestyle - Ocean Reef is a highly sought-after coastal suburb and this property offers a fantastic opportunity for downsizers, first home buyers and investors looking for a premium property.
In a cul de sac location, take a short stroll and enjoy the ocean breeze on your way to the Ocean Reef Marina - only 1km away. Making your morning commute easier, this location also offers easy access to Marmion Avenue and Ocean Reef Road to the freeway.
Accommodation includes 3 spacious bedrooms, 2 bathrooms and 2 separate living zones. From the front door, you are welcomed into a sunshine filled family lounge and dining room, with sliding doors that open out to a private paved courtyard, the perfect place to unwind with family and friends on a night in.
You will enjoy the second living area when preparing meals or entertaining. The kitchen, meals and outdoor entertainment zones work seamlessly together in the heart of the home. With sliding doors that open out to the alfresco. The kitchen is well equipped with a dual oven / grill, gas cooktops, double sinks and a fridge recess.
The bedrooms, bathrooms and laundry are all quietly located in a separate private wing of the home. All the bedrooms are good sizes with built in robes, no need to share in the morning rush - the main bedroom enjoys additional luxury with its own en suite bathroom and a spacious walk in robe.
LOCATION BENEFITS (Approx):
Walk to:
- Ocean Reef High School - 800m
- Prendiville Catholic College - 950m
- Ocean Reef Marina - 1.2km
Short drive to:
- Currambine Central Shops - 2.7km
- Mullaloo Beach and café strip - 4.5km
- Lakeside Joondalup - 4.7km
ADDITIONAL BENEFITS Include, but are not limited to:
- Extended paved driveway for additional parking
- Flooring is a mix of laminate, carpet and tiles in the laundry and bathrooms.
- Passage to the bedroom wing with a door for noise control
- Large storage cupboard in the passage
- Laundry with additional linen cupboard and separate toilet, sliding door to the clothesline
- Family bathroom with a shower, bath and single vanity
- Ducted evaporative cooling system throughout
- X2 Gas bayonet points located in the lounge and casual meals area for heating
- Easy care paved courtyard with x2 garden sheds
- Extended covered alfresco area
- Double lock up carport
- Built in 1990
- 391 sqm duplex block
- 130 sqm of living
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, prospective purchasers are encouraged to make their own enquiries to satisfy themselves on all pertinent matters.
Listing description written by Pauline Lyon, Peard Real Estate — reproduced as published, not verified by Districts.