Officer, 3809 ranked 13th in VIC when comparing growth in median property values or capital gain over the last 12 months. Officer is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Officer has increased when compared to the 5 year average annual rate.
Vendor discounting in Officer is giving property investors an average Vendor Discount of around -19.76%. This puts suburb at number 3rd in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 16.75 sales per month, which equates to 201 per year.
With the median price for a house in Officer being $420000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.70%