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 › Seapeak Rd
$1,505,000
Last sold
23 May 2024
6
Bedrooms
3
Bathrooms
2
Car spaces
846 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
$1,505,000
23 May 2024 · 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
+0.7%
Median sale
Suburb $1,495,000
-0.02 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 846 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 846 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 Platinum Realty GroupSet on a Massive block 846m2 block sits the beautifully renovated 6-bedroom, 3-bathroom family home with some of the best ocean views that you will find! Featuring a stunning outdoor entertaining area with below ground swimming pool & plenty of green grass, Multiple living areas including theatre room & parents retreat, spacious bedrooms, beautifully renovated bathrooms, chef size kitchen plus room to park the boat!
This home is an absolute entertainers dream & has been immaculately maintained by the current owners who will be sad to see it go. This one won't last long!
Downstairs:
- The stunning chef sized kitchen is the central hub of the home overlooking the pool and outdoors. It includes plenty of bench & cupboard space, dishwasher & huge oven! There is also a scullery off the kitchen which doubles an outdoor entertaining area when you open up the bi-fold doors!
- Original master bedroom is a great size and features walk in robe & a stunning renovated ensuite. This room also has a private entry at the front of the home which could make great use as a home business
- Spacious theatre room, perfect for the family movie nights!
- In a separate wing of the home, you will find 3 good sized minor bedrooms (2 include robes)
- Additional lounge room near the minor bedrooms, making this ideal as the kids games room
- Good size laundry with plenty of storage plus a huge linen cupboard and separate w/c
- Modern main bathroom servicing the 3 minor bedrooms has separate shower and large bathtub!
Upstairs
- Absolutely Amazing 180-degree ocean views. See all the way out to Scarborough and Rottnest!
- Very spacious master bedroom with walk in robe and of course some more great ocean views.
- Luxurious master ensuite with massive shower, enormous bathtub and “his n hers” sinks
- A very private parents retreat provides the perfect space to escape the kids!
- 6th bedroom upstairs does include robes; however, this space would ideally be used as the home office.
Outside
- Massive outdoor entertaining area which overlooks the stunning pool area and there still heaps of grass for the kids and pets to run around. Open up the bi-fold doors to the kitchen and scullery and you have the ultimate entertainment area! The perfect setting for a summer BBQ with friends and family.
- Front yard of the home has been securely fenced to create another safe play area for the kids & pets to play
Extras
- Solar panels with battery
- LED lights throughout
- Ducted Reverse cycle aircon
- Heaps of storage cupboards throughout.
- Outdoor shower near the pool
- Fully reticulated front and back
- Storage shed
- Built in 1987 on a 846m2 block with 339m2 of floor area
located in a fantastic position within close proximity to multiple parks, Beaumaris shops, schools, the beach, Joondalup and Whitford's shopping centres & soon to be built Sunset Plaza & the world class Ocean Reef Marina!
Listing description written by Jake Kemsley, Platinum Realty Group — reproduced as published, not verified by Districts.