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 › Diamond Dr
$1,975,000
Last sold
21 May 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
811 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
$1,975,000
21 May 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
+32.1%
Median sale
Suburb $1,495,000
-0.81 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 811 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 811 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 Professionals TWT RealtyAll offers by Tuesday 1st April 2025 unless sold prior
** The seller reserves the right to accept an offer prior **
Get ready to level up your lifestyle with this stunning 4 bedroom plus study/5th bedroom, 2 bathroom coastal dream home in Ocean Reef! Sitting pretty on a huge 811sqm block, this two-storey beauty is designed for families who love space, style, and a whole lot of fun!
From breathtaking ocean views to a mini basketball court for driveway playoffs, this home has something for everyone. Love entertaining? You'll be hosting in style with an epic alfresco featuring built-in Bluetooth speakers and a sparkling pool with waterfall feature. Need a quiet escape? Then the upstairs retreat with bar and sunset balcony is calling your name after a long days work.
And the best part? You're just a short stroll from the up and coming Ocean Reef Marina and new Sunset Plaza complex, putting everything you need right at your fingertips!
For those boating enthusiasts among us, imagine waking up and being able to see how busy the Ocean Reef boat ramp is from your very own home! Even better - secure your boat in a marina pen when ready and simply roll down the hill whenever you're ready to hit the water. This home is perfectly positioned to give you uninterrupted views of boats coming and going - a truly magical sight that will never get old. The boat ramp and its trailer parking will never be moved, ensuring your stunning vistas remain untouched. This is one RARE opportunity, this is more than just a house - it's an absolute lifestyle UPGRADE with endless views that will never be taken away...
Feature you will love include -
- Stunning ocean & marina views from ground & top level!
- Short walk to the new Marina for future weekend fun & family dinners
- Own a boat? Then you'll be able to keep an eye on that boat ramp from here for best times to head out for a days fishing
- Spacious & versatile layout with multiple living areas for the whole family
- Gourmet kitchen featuring dual ovens, a 900mm gas cooktop & dishwasher
- Master suite with a view! Wake up to ocean vistas plus enjoy a fully fitted walk-in robe & semi-ensuite with double vanity
- Kids & guest bedrooms upstairs, all generously sized, with two offering stunning ocean views
- Upstairs retreat with bar - perfect for chilled evenings & sunset drinks on the balcony and complete with shade blinds for added privacy
- Ducted reverse cycle air conditioning upstairs & split systems throughout the ground floor for year-round comfort
- Outdoor entertaining perfection! An undercover alfresco with built-in Bluetooth speakers, TV point & mood lighting with added shade blinds
- Sparkling below-ground pool with a relaxing waterfall feature & pool heater
- Massive high-clearance (Approx. 2540mm) double garage with rear shutter door access
- Mini basketball court in the driveway for family playoffs & heaps of fun
- Fully reticulated front lawn & gardens behind a remote double front gate for privacy & security
- Energy-saving solar panels to keep the bills low
- Built 1990
With stunning coastal views, unbeatable entertaining spaces, and a location that puts you right in the heart of Ocean Reef's exciting future, this is a home that delivers everything and more!
Don't miss out - homes like this don't last long. Contact Stephanie today...
Listing description written by Stephanie Briers, Professionals TWT Realty — 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.