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 › Constellation Dr
4
Bedrooms
2
Bathrooms
2
Car spaces
793 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ocean Reef (last 5 years) with land size have a median of $1,921/m² of land (n=103). 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.
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 793 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 793 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 Peard Real EstateWithin moments from our beautiful Western Australian beaches, parklands, popular cafes and restaurants, you will fall in love with this property's magical location before you have even seen what the home has to offer – enjoy ocean views from your main living area, 4 bedrooms, spacious living zones, the ultimate alfresco, gardens and pool to only name a few.
Quality Mari floorboards welcome you in through the front door and follow through the main living areas. The king-sized master bedroom is located to the left with a large walk-in robe and ensuite bathroom fitted with a shower, single vanity and toilet. The main bedroom is separated from the minor bedrooms which are located at the back of the home. All three minor bedrooms are a great sized with a similar finish including carpets and built-in robes. Bedroom 4 enjoys a sea view. Accommodating the minor bedrooms is a modern and newly renovated family bathroom featuring a freestanding bath, shower, toilet, and vanity with storage.
Also located near the front of the home is a spacious theatre room complete with projector, screen, and speakers, providing the ultimate place for movie nights in! Adjacent to the theatre is a multipurpose room to use in any way you desire, with sliding doors to the covered alfresco, this room works well as a home office or teen retreat.
Further living areas include an open plan family that extends off the kitchen, the elevated setting captures wonderful ocean views from the lounge, dining room and kitchen. The expansive kitchen brings the whole family back together with a breakfast bar for casual meals, stone tops, and an eye-catching glass splashback. Equipped with quality cooking appliances including 5 burner gas cooktops, wall mounted electric oven/grill, built in microwave, dishwasher, double sinks, and masses of cabinetry for maximum storage!
Built to maximise the outdoors by connecting the open plan living area to the extensive covered alfresco area, slide open the doors and enjoy the fresh ocean breeze as it streams in over your back yard and throughout your home. The elevated position of the alfresco means you capture the ocean views and have a great view over the back yard, swimming pool and gazebo area. Enclosed by glass fencing, the magnesium swimming pool is framed by a large, paved area and is ready for those warmer summer days.
Additional FEATURES Include, but are not limited to:
- Private enclosed frontage with loads of parking space for cars, boats, caravans etc.
- The front windows are double glazed
- Main bedroom with a ceiling fan, walk in robe and en suite bathroom
- All bedrooms with built in robes, bedrooms 2 & 3 with a ceiling fan
- New carpets in the minor bedrooms
- Evaporative air conditioning ducted throughout and a large split system unit in the main living area
- Laundry with benchtop and storage cupboards
- Separate family toilet
- Gas pot belly fireplace in the dining room
- Numerous storage cupboards throughout
- Solar electricity system
- Security camera system with 8 cameras
- Covered alfresco and a gazebo
- Fibreglass magnesium swimming pool
- Gas hot water system
- “Mancave” with a built-in bar, storage cupboards and access to the garage
- Double garage with remote roller doors and a workshop nook
- Feature garden lighting
- Land Size Approx: 793sqm
- Original Build: 1987
For more information on this property or to arrange a time to view, contact Pauline Lyon
*PLEASE NOTE while every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change.
Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Listing description written by Pauline Lyon, Peard 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.