Officer has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.33% to date .
The five-year average increase in median property values for Officer,3809 has given property investors a potential capital gain of 55.87% across each of those five years.
Officer3809 is located in VIC which offers an average discount of -6.20% to property investors. Officer itself is showing figures that indicate -6.85% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Officer have been waiting around 38.34 days to sell a property.
With the median price for a house in Officer being $544000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.82%
Property value increases in Officer have tracked higher than the VIC average of 3.42% over the last 12 months.
Comparing Officer,3809 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -6.72% to buyers in Officer at the moment, which is less than average for the rest of VIC.
Residents and property investors in Officer have been waiting around 32.33 days to sell a property.