Officer is in the TOP 10% in VIC when comparing median price capital growth over the last year. Officer gave property investors a very good capital gain figure when compared to the rest of the state, with 24.19%.
A 6.90% growth in median value for property investors in Officer,3809 puts this suburb at number 82th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Officer, 3809. Typically our figures indicate that -15.79% is being offered, which puts this VIC suburb at 45th most discounted overall in Australia.
At number 1111 in a list of fastest selling suburbs, Officer is in the TOP 30% of suburbs in Australia with an average of days on market 65.35 for properties listed there.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 4.14%.