Suburb Profile Report for Officer VIC (3809)

Officer House: Median price $547,000, Annual capital growth 5.82%, Number of sales 229, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Officer, 3809 have given investors a capital gain of 2.72%. This compares favourably with the -1.79% for VIC as a whole.

A 72.69% growth in median value for property investors in Officer,3809 puts this suburb at number 379th in terms of best performing suburbs in VIC

The most recent median price for Officer is $547000, with sellers offering an average of -7.75% off the asking price.

Situated 48.67km from the CBD, Officer is one of Cardinia (S) localities in the postcode 3809.

Metrics i HOUSE UNIT
$547,000 N/A
-0.55% N/A
2.72% N/A
5.82% N/A
$400 N/A
229 N/A
3.80% N/A
58.3444976076555 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1760
Median household income ($/weekly) 1752
Median age of persons 31
Median housing loan repayment ($/monthly) 2080
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 251 14.3
    25-34 years 314 17.8
    35-44 years 238 13.5
    45-54 years 237 13.5
    55-64 years 210 11.9
    Others 511 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 645 49.8
    Not Married 461 35.6
    Defacto Relationship 190 14.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1377 81.8
    Papua New Guinea 22 1.3
    Sri Lanka 18 1.1
    United Kingdom 104 6.2
    Other 36 2.1
    Others 126 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 1.2
    Christianity 1074 67.5
    Hinduism 10 0.6
    Islam 14 0.9
    No Religion 465 29.2
    Others 8 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 44 8.1
    $1,250-$1,499 50 9.2
    $1,500-$1,999 99 18.3
    $2,000-$2,499 101 18.7
    $2,500-$2,999 55 10.2
    Others 192 35.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 666 50.0
    Not in the labour force 303 22.8
    Employed, worked part-time 281 21.1
    Employed, away from work 51 3.8
    Unemployed, looking for work 30 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 14.1
    Professionals 169 17.0
    Technicians & trades workers 192 19.3
    Clerical & administrative workers 173 17.4
    Labourers 92 9.2
    Others 229 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 37 8.2
    Infants/Primary 138 30.7
    Secondary 159 35.4
    Technical or Further Educational Institution 47 10.5
    University or other Tertiary Institutions 51 11.4
    Others 17 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1583 94.6
    Semi-detached, row or terrace house, townhouse 81 4.8
    Flat, unit or apartment 10 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 336 56.5
    Fully owned 148 24.9
    Rented 108 18.2
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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