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Investment Property Officer, VIC, 3809

Suburb Snapshot

Officer is a suburb in the Cardinia Region of Victoria. Officer has a population of 7,137 people and 22.78% of its occupants live in rental accommodation. The median listing price for houses is $748,000 and this has changed 2.74% over the past year and changed 3.03% over 2 years.

The median rent in Officer for houses is $580 per week and the median rental yield is 4.03%. Stock on the market for houses/townhouses has changed 31.34% compared to last year and the average time to sell a house/townhouse is 242 days.The median listing price for units is $641,500 and this has changed 8.72% over the past year. The average unit takes 190 days to sell and the median rent for a unit in Officer is NA per week, producing a rental yield of NA.

Supply & Demand in Officer, Cardinia

1.73%

Current vacancy rate


135

Rental stock available


7,137

Population


22.78%

Rental population


0.76%

Current vacancy rate


384

Rental stock available


94,134

Population


20.94%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Officer, Cardinia

  House Townhouses Units
Median listing price $748,000 $560,000 $641,500
Median price change - last quarter 0.88% 1.91% -4.83%
Median price change - 1 year 2.74% 4.67% 8.72%
Median price change - 2 years 3.03% 13.13% NA
  House Townhouses Units
Median weekly rent $580 $530 NA
Median yield % 4.03% 4.92% NA
Median rent change - 1 year 9.43% 6.00% NA
  House Units
Previous month sales 22 0
Stock on market previous month 482 1
Stock variance vs. last year 31.34% -50.00%
Average days on market 242 190

Officer investment property listings

Showing 2 of 2 investment properties found in Officer on realestateinvestar.com.au

Lot 1008 Bristly Way, OFFICER

$813,700

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4

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House

VIC 3809


Lot 807 Flume Way, OFFICER

$826,300

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House

VIC 3809


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