Officer at a glance
27,168
People
$730,500
Median sale
$575/wk
Median rent
4.09%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
VIC › Officer › Penley Rise
$899,000–$988,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
2
Car spaces
523 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$899,000–$988,000
Asking range · $1,719/m² of land
No recorded sale for this property.
Officer at a glance
27,168
People
$730,500
Median sale
$575/wk
Median rent
4.09%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Vs Officer
+23.1%
Median sale
Suburb $730,500
-0.76 pp
Gross yield
Suburb 4.09%
Suburb median $730,500 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$54,918 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Officer's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $575/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Officer at a glance
27,168
People
$730,500
Median sale
$575/wk
Median rent
4.09%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Area Specialist VictoriaA Statement of Style, Space & Sophistication
INSPECTIONS ARE A MUST — THIS IS ONE YOU WON’T WANT TO MISS.
From the moment you arrive, it’s clear this is something special.
Impressive in scale and beautifully presented, this 32-square Boutique-built residence offers an exceptional level of space, quality and sophistication. Only five years young and presented in immaculate, near-new condition, this is a home that feels as though it has barely been lived in.
Designed with modern family living and effortless entertaining in mind, the home delivers four generous bedrooms, two master suites with their own private ensuites and three separate living areas, providing an abundance of space for every member of the family.
A Home That Makes an Impression
Step through the wide statement front door and into an elegant entrance that immediately sets the tone for what lies beyond.
The beautifully designed interior combines generous proportions with quality finishes and thoughtful details throughout, creating a home that is both stylish and incredibly functional.
The heart of the home is the stunning designer kitchen, beautifully appointed with:
900mm induction cooktop
Built-in convection microwave
40mm stone benchtops
Soft-close cabinetry
Walk-in pantry
Quality appliances and an abundance of storage
Whether you're preparing a family meal or entertaining guests, this kitchen is designed to be the centrepiece of the home.
Four Bedrooms | Two Master Suites | Three Living Areas
The accommodation is exceptional.
The home features four spacious bedrooms, including two impressive master bedrooms, each complete with its own private ensuite — an incredibly rare and highly desirable feature.
With three separate living areas, there is no shortage of space to relax, entertain or simply escape when you need some quiet time.
From family movie nights to children's play areas, home office space or entertaining guests, the flexibility of this home is one of its standout features.
Indoor Comfort Meets Outdoor Entertaining
The home continues to impress outdoors with a beautifully appointed alfresco entertaining area, complete with outdoor heating, creating the perfect environment to entertain family and friends all year round.
The combination of the generous interior living spaces and outdoor entertaining area makes this home ideal for those who love to host.
Quality Features Throughout
Boutique-built 32-square home
Only 5 years young
Immaculately presented
Four spacious bedrooms
Two master bedrooms with private ensuites
Three separate living areas
Designer kitchen
40mm stone benchtops
900mm induction cooktop
Built-in convection microwave
Walk-in pantry
Soft-close cabinetry
9ft ceilings
Evaporative cooling
Ducted heating
Alfresco entertaining area
Outdoor heating
Double remote garage
Wide feature front door
Elegant entrance
Beautifully maintained throughout
A Location That Completes the Picture
Positioned within the highly sought-after Grandvue Estate, this home is surrounded by everything a modern family could want.
Enjoy being just a short drive from Arena Shopping Centre and Cardinia Road Train Station, while local schools, parks and everyday amenities are also conveniently close by.
It's a location that offers the perfect balance of family lifestyle, convenience and accessibility.
A Rare Opportunity in Grandvue
Homes of this calibre are not something you come across every day.
The combination of 32 squares, two master suites, three living areas, premium finishes, five-year-old presentation and an outstanding Grandvue Estate location makes this a truly special property.
If you're looking for a home that offers space, style and something genuinely different, make sure this one is at the top of your inspection list.
INSPECTIONS ARE A MUST — YOU WILL NOT BE DISAPPOINTED.
Come and experience this beautiful home for yourself.
Contact Brendan Langley today to arrange your inspection before someone else secures it.
OPEN TIME AS FOLLOWS:
For more Real Estate in Officer contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Brendan Langley, Area Specialist Victoria — reproduced as published, not verified by Districts.