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WA › Ocean Reef › Westra Way

U1, Westra Way, Ocean Reef WA 6027

House

5

Bedrooms

3

Bathrooms

3

Car spaces

857 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 857 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ocean Reef (last 5 years) with land size: median $1,921/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Ocean Reef report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknowncompleted15 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 857 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 857 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ocean Reef in one glance

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.

See the full Ocean Reef report →

Keep researching

  • Why Ocean Reef? Read the area thesis →
  • What else is on the market in Ocean Reef →
  • Other records on Westra Way →

Listing material

Listed by Peard Real Estate

Under Offer

Federation and heritage detail mixes with contemporary design in this large family home.

If you are looking for a unique family home, with striking features that promote a sense of style, comfort, and high class family living - this is the one for you.

Packed with personality and exploding with warmth, each room has been designed with family in mind. Spanning across multiple living areas complemented by expansive ceilings and detailed designs throughout, 5 bedrooms, 2 bathrooms, a pool house with its own kitchenette and bathroom and a fantastic entertainment area that overlooks the pool.

Read the full description

When first impressions count, this home will not disappoint. From the front door, stunning timber flooring, framed archways and ceiling roses catch your eye and welcome you inside. To your right, a formal lounge and dining area, warmed by a wood fireplace, the perfect place to entertain family and friends. To your left is a huge main bedroom, with bay windows and French doors that draw in the natural light, a walk-in robe and a complementary en-suite bathroom, complete with a spa bath, double stone vanity top and a shower.

As you continue through to the main living area, be prepared for the “WOW” factor with soaring ceilings, a feature face brick wall, corner fireplace and flue, complemented by exposed beams that add character and dimension to the space. Just off the main living area is a separate activity room to use in a way that best suits your family's lifestyle.

The heartbeat of the home is the well-appointed kitchen, with Caesar stone benchtops, hot and cold “Billi” filtered water system, an induction Fisher and Paykel cooktop, double wall mounted ovens, fridge recess, pantry and a built-in wine rack. Cooking in this kitchen is a dream!

Sliding doors open out to the covered alfresco area where outdoor entertaining is encouraged. As you step out to the brilliant entertaining area, hidden away from the elements and perfect for entertaining all year round, the alfresco area features beautifully finished cedar-lined ceiling and a fan with views over the swimming pool and low maintenance backyard.

This home will leave an impression, be sure to arrange a time to view this spectacular home.

LIFESTYLE Benefits: A fantastic location in quiet cul de sac - only 600m to the beach & a short stroll to the beautiful Beaumaris Park, Prendiville, St Simon Peter, Ocean Reef primary & high schools + Beaumaris & Currambine Market Place shopping centres

FEATURES Include but are not limited to:

- Large main bedroom with a walk in robe, and an en-suite bathroom

- Bedroom 2 with double built in robes and ceiling fan

- Bedroom 3, 4 & 5 with built in robes and ceiling fan

- Plus a pool house located outside by the pool, with a bathroom and kitchenette, split system air conditioning

- Family bathroom with a shower and a freestanding claw bathtub, double vanity

- Guest powder room

- 3 car garage with roller door access to the rear and polished concrete floors and space for additional storage

- Home office

- Sunken front family room with a wood fireplace and a step up to the dining room

- Open plan living area wood fireplace

- Activity room just off the main living area with a gas point and exposed beams

- Kitchen with Caesarstone benchtops hot and cold Billi filtered water system, induction cooktop, double wall mounted oven, double fridge recess

- Laundry off the kitchen with generous storage, built in laundry basket

- Reticulated gardens front and back

- Royal oak engineered timber flooring

- Large storage cupboard and walk in linen cupboard with fitted shelving and rails

- Covered alfresco with cedar lined ceiling and downlights, Ziptrak cafe blinds synthetic lawns, built in timber storage box

- Salt chlorinated swimming pool, recently painted, with glass fencing and an outdoor shower

- x2 Reverse cycle air conditioning units with zoning controls

- Solar electricity system,

- Roof loft for storage solar panels

- Land size approx. 857sqm

- Living space approx. 292sqm

*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.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.