Officer South at a glance
2,181
People
$861,500
Median sale
$500/wk
Median rent
3.02%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
VIC › Officer South › Patterson Rd
0
Bedrooms
0
Bathrooms
0
Car spaces
20,234.282 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
Last sold
No recorded sale price for this property yet.
Officer South at a glance
2,181
People
$861,500
Median sale
$500/wk
Median rent
3.02%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
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 $500/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 South at a glance
2,181
People
$861,500
Median sale
$500/wk
Median rent
3.02%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bespoke Real Estate Co.Ray White Land Sales Victoria is excited to present 28 Patterson Road Officer South to the market for sale via Private Sale. This property presents convenience, future potential and offers endless opportunities.
Property consists of a 3-bedroom weatherboard home the master bedroom with an en-suite bathroom and large wardrobe, 2 other bedrooms with wardrobes and main bathroom with vanity, bath and shower. The kitchen and dining room combined with access to the lounge/TV room. Hallway entry to a full self-contained 1-bedroom Granny Flat.
A covered spa room with large spa. A 6.2M x 12 M garage and a 3-bay carport and attached garden tool shed and dry firewood storage.
60 x 20 Drained horse arena (currently not in use), Stable block consisting of 4 stables and tack room 20M x 3M approx. 1 x Storage/Feed shed 7M x 3.7M and 2 x Double horse shelters in paddock 20ft x 10ft. Multiple water tanks for collection of rainwater from all shedding and well-maintained established garden lawn.
The Victorian Planning Authority (VPA) is coordinating the preparation of a Precinct Structure Plan for the Officer South Employment precinct. In accordance with Government strategic planning policy directions, the precinct is proposed to comprise a State Significant Industrial Precinct and Regional Significant Commercial business with residential precinct. The Officer South Employment Precinct is expected to provide 20,800 jobs and deliver 2,200 new homes.
Site details as follows:
+ GREEN WEDGE ZONE - SCHEDULE 1
+ Site area: 19,700 sqm*/1.97 Ha*
+ Prominent frontage: 115 metres*
+ Medium or long term settlement considered
Location benefits include:
+ Opposite Officer South Employment Precinct
+ M1 Freeway: 5mins*
+ Princess Highway: 7 mins*
+ Pakenham Train Station: 18 mins*
+ Next to Cardinia Creek South PSP*
+ Arena Shopping Centre: 11 mins*
+ Officer Secondary College: 8 mins*
+ Bridgewood Primary School: 7 mins*
+ Cardinia Shire Council: 7 mins*
+ Melbourne CBD: 50 mins*
*denotes approximate
For further information, please contact Ray White Land Sales Victoria's exclusively appointed agents on the details below:
JT Dhaliwal 0491 937 950
Karandeep Singh 0450 200 007
All interested parties should conduct their own due diligence before making any submissions.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by JT Dhaliwal, Bespoke Real Estate Co. — reproduced as published, not verified by Districts.