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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 $740,000 and this has changed 2.06% over the past year and changed 1.50% over 2 years.

The median rent in Officer for houses is $580 per week and the median rental yield is 4.07%. Stock on the market for houses/townhouses has changed 44.68% compared to last year and the average time to sell a house/townhouse is 247 days.The median listing price for units is $641,500 and this has changed 20.01% 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

1.68%

Current vacancy rate


131

Rental stock available


7,137

Population


22.78%

Rental population


0.73%

Current vacancy rate


366

Rental stock available


94,134

Population


20.94%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Officer, Cardinia

  House Townhouses Units
Median listing price $740,000 $560,000 $641,500
Median price change - last quarter 0.88% 1.91% -4.83%
Median price change - 1 year 2.06% 6.26% 20.01%
Median price change - 2 years 1.50% 13.70% 23.36%
  House Townhouses Units
Median weekly rent $580 $530 NA
Median yield % 4.07% 4.92% NA
Median rent change - 1 year 11.53% 10.41% NA
  House Units
Previous month sales 24 0
Stock on market previous month 476 1
Stock variance vs. last year 44.68% -66.67%
Average days on market 247 190

Officer investment property listings

0 found properties in Officer on realestateinvestar.com.au

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