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
3
Bedrooms
2
Bathrooms
2
Car spaces
433,013.637 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Officer South (last 5 years) with land size have a median of $1,950/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
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.
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 Raine & Horne Land VictoriaInvestment Opportunity with Endless Potential Across from Officer South Employment PSP
Discover an incredible investment opportunity poised for future growth and development! This unique property, situated directly across the road from the Officer South Employment Precinct Structure Plan (PSP), offers a world of potential for savvy investors and developers alike.
Key Features:
Two Income-Generating Homes: This property is not just a piece of land; it includes two well-maintained houses that are currently rented out, providing you with immediate income. Enjoy the benefits of rental income while you explore the future possibilities of this prime location.
Fully Fenced and Private: The property is fully fenced, ensuring privacy and security for its current tenants and future developments.
Strategic Location: Positioned minutes away from the thriving Kaduna Business Park, Officer's burgeoning residential developments, and the Monash Freeway, this property is ideally situated to capitalize on the growth of the region. With easy access to major transport routes, it ensures convenience for both residents and businesses.
Surrounded by Major Developers: The surrounding area is home to some of Australia's biggest developers and land bankers, indicating a strong demand for the development potential inherent in this property. With government zoning changes on the horizon, the possibilities are vast and exciting (STCA).
Endless Development Potential: While currently utilized as a residential investment, the property holds significant potential for redevelopment. With the evolving landscape of Officer and surrounding areas, the future zoning changes could turn this property into a major asset - the potential is truly beyond imagination.
This is not just a property; it's an investment in your future. Don't miss out on this lifetime opportunity to own a piece of land that promises growth and returns. Whether you are looking to expand your investment portfolio or explore development options, this property offers the perfect balance of immediate income and long-term potential.
Seize the opportunity today - contact us for more information and to arrange a viewing!
Atul Sama (Sunny) on 0450 470 266
Jasdeep Singh on 0413 959 608
Amandeep Singh on 0433 314 000
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 Check List: http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Atul Sama (Sunny), Raine & Horne Land Victoria — reproduced as published, not verified by Districts.