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Real Estate Appraisal Officer VIC 3809

How much is my home worth in Officer?

The median price for a house in Officer is $700,000 as of February 9, 2023.

There have been 294 houses sold and 17 units sold in the last year. The average annual capital growth for houses is 9.39% and for units, it is 6.76%.

The 12-month capital growth is 8.46% on houses and for units, it is 8.33%.

The Demand to Supply Ratio or DSR rating has homes as good and units as above average. Buyers are making reasonable offers, and sellers are not panicking.

For investors, this is a favourable market. Demand is outpacing supply, but not by much. Buyers rarely get away with making low-ball bids. Sellers almost always receive the pricing they demand. Growth will likely outpace the national average. It takes on average 13 days to sell a house and 12 days to sell a unit in Officer.

House prices and rent returns in Officer.

  • 2 bedroom home $512,500, Rent per week $405
  • 3 bedroom home $645,500 Rent per week $420
  • 4 bedroom home $772,000, Rent per week $480

Unit prices and rent returns in Officer.

  • 2 bedroom home N/A, Rent per week N/A
  • 3 bedroom home N/A, Rent per week $392

The Officer gross rental yield for houses is 3.24% and for units, it is 3.77%.

Free Real Estate Appraisal Officer

Selling your house in Officer? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Officer

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.

Property Valuation Officer

The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.

If you want to know the value of your Officer home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.

How do we appraise a property in Officer?

  • Recent property sales history in the Officer district
  • Location and the proximity to amenities
  • Accessibility of schools and shops
  • Comparison of market values
  • Condition and size of the property

Want to know what your Officer home is worth?

Recently Sold Properties in Officer

Lifestyle in Officer

Officer is a suburb of Melbourne, Victoria, Australia, located 48 kilometres south-east of Melbourne's CBD and within the Shire of Cardinia local government area. In the 2016 Census, Officer had a population of 7,133 people. Neighbouring suburbs include Pakenham, Beaconsfield and Berwick.

Officer is a relatively small and developing residential suburb. Near the southern border, the M1 motorway passes. The Officer train station is located in the centre of Officer and travels along the Pakenham line.

There is a small to a medium-sized retail centre named Arena Shopping Complex. Retailers include Woolworths, Australia Post, Subway, BWS and a handful of other cafes, medical centre and fitness centre. There is no shortage of education facilities in Officer with a total of 13 schools.

In the north-west corner of Officer is the Beaconsfield Nature Conservation Reserve.

Officer Real Estate Agent Contact Details

Office: Pakenham
Phone: 03 5941 1977

Featured suburbs

Pakenham

VIC 3810

Pakenham is located 56km south-east of Melbourne's CBD.