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 › Tully Ct
$1,430,000
Last sold
8 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
715 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
$1,430,000
8 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,919/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
-4.3%
Median sale
Suburb $1,495,000
+0.15 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 715 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 715 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 Platinum Realty GroupPerched up proudly on a 715m2 block sits this immaculately presented 4 x 2 family home which is perfectly positioned in a quiet cul-de-sac. The home boasts a spacious layout and plenty of natural light with multiple living areas, big bedrooms, Stunning kitchen, fantastic outdoor entertaining area, beautiful below ground swimming pool, a huge powered workshop and plenty of extras including room to park the boat or caravan!
This home has been well maintained and loved for a long time & the sellers will be sad to see it go. Be Quick to view this one!
Features include:
- Great street appeal with well-maintained gardens. The front yard has been securely fenced to create another safe play area for the kids & pets to play with a nice shade sail
- Double remote garage which has been extended to include additional storage space/workshop for the home tradie. There is also a shopper's entrance and plenty of storage space in the attic
- Spacious living room to the front of the home which includes split system aircon, perfect for a parent's retreat.
- Huge master bedroom includes walk in robes plus additional storage space. The ensuite is very private and has been beautifully renovated!
- The spacious open plan living/kitchen/dining space is the central hub of the home and features soaring high ceilings, a sky slight, an illumi light and split system aircon. This area flows perfectly to the outdoors
- The kitchen is massive and the home chef will absolutely love it! Featuring 6 x burner gas cooktop, Miele dishwasher, huge island bench, plenty of storage space and servery windows which are perfect for entertaining
- The Stunning outdoor entertaining area includes a large pitched patio which is insulated and overlooks the gardens and of course the stunning pool! This is the ideal spot to entertaining friends and family with a summer BBQ!
- Plenty of yard space for the kids and pets to run around outside as well as an aviary and very handy powered workshop. The whole property is very low maintenance with synthetic lawns
- In a separate wing of the home you will find the 3 minor bedrooms which all include built in robes, one of the rooms includes a split system aircon as well.
- Servicing the minor bedrooms, you have a very spacious & beautifully renovated main bathroom with huge shower, large separate bathtub, toilet and a generous sized vanity with plenty of storage space
- Spacious laundry has been tastefully renovated and includes plenty of storage space and easy access to the clothesline.
Extras include: Fully reticulated gardens front and back, 22 Solar panels to save $$$, video security system, LED downlights throughout, 1 x gas bayonet
Situated in a fantastic location within a very short walk to bus links, pubs, restaurants, the Currambine shopping centre, multiple parks, Beaumaris primary School and Prendiville high school. A very short drive will get you to the beach and the soon to be built Ocean Reef Marina!
Listing description written by Jake Kemsley, Platinum Realty Group — 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.