Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Officer › Horvath Blvd

67 Horvath Blvd, Officer VIC 3809

For saleHouse for Sale

$1,200,000–$1,250,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

448 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,200,000–$1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,200,000–$1,250,000(Listing record · 29 May 2026)
  • FactLand 448 m²; no building size recorded.(Property record)
  • CalculationAsk is 64% above the Officer median recorded sale ($730,500, n=52, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Officer's advertised median rent ($575/wk), implied gross yield would be 2.49% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,200,000–$1,250,000

Asking range · $2,679/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.

See the full Officer report →

Vs Officer

+64.3%

Median sale

Suburb $730,500

-1.60 pp

Gross yield

Suburb 4.09%

Suburb median $730,500 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,200,000
Stamp Duty (Victoria)
$66,000
Transfer/Registration Fee
$2,912
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,272,612

$72,612 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
0.99%
Annual cashflow (pre-tax)
$-50,500
Interest cover (DSCR)
0.19
Annual rent
$29,900
Operating expenses
$18,000
Loan amount
$960,000
Annual interest
$62,400
Gross yield
2.49%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,200,000–$1,250,000available29 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Officer in one glance

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.

See the full Officer report →

Keep researching

  • Why Officer? Read the area thesis →
  • What else is on the market in Officer →
  • Other records on Horvath Blvd →

Listing material

Listed by Top Estate Agents

Brand-New Luxury Family Living in Prestigious Banyan Place Estate

Step into a home where luxury, space, and modern family living come together seamlessly. This brand-new custom-built double-storey residence in the sought-after Banyan Place Estate delivers premium upgrades, impressive proportions, and exceptional attention to detail throughout.

Positioned on an approximately 448sqm allotment with an expansive 41sqm (approx.) home design, this stunning residence offers five spacious bedrooms, three designer bathrooms, multiple living zones, and high-end finishes tailored for contemporary family living.

From the moment you enter through the wide grand entrance, you are welcomed by elegant interiors, upgraded finishes, and an abundance of natural light. The ground floor showcases a thoughtfully designed layout featuring a guest bedroom complete with a walk-in robe, a dedicated theatre room, study nook, and expansive open-plan living and dining areas ideal for entertaining and everyday comfort.

Read the full description

At the heart of the home is the impressive designer kitchen, featuring a spacious stone island benchtop, walk-in pantry, premium 900mm appliances, dishwasher, stylish bulkhead, and striking feature lighting above the bench. The seamless connection to the extended alfresco creates the perfect indoor-outdoor entertaining experience.

Upstairs, the luxurious master suite offers a true parents’ retreat with its own private balcony, retreat area, oversized walk-in robe, and an elegant ensuite complete with floor-to-ceiling tiling, spa bath, double vanities, smart mirrors, and upgraded black tapware. The remaining bedrooms are generously sized with built-in robes and are serviced by a beautifully appointed central bathroom with bathtub.

Further enhancing the appeal of this exceptional home are premium inclusions such as upgraded façade, stunning void above the family area with chandelier, upgraded downstairs tiling, timber flooring upstairs, digital lock entry, built-in cabinetry in wardrobes, refrigerated heating and cooling throughout, extended laundry storage, and low-maintenance landscaped gardens.

Designed with luxury, comfort, and practicality in mind, this outstanding residence presents an incredible opportunity for families seeking a sophisticated lifestyle in one of the area’s most desirable estates.

The Main features of the property:

- Double-storey in the Banyan Place estate

- Brand New ⁠custom-built

- Land size approx. ⁠448SQM

- House size approx. 41SQM

- 5 Bedrooms

- 3 Bathrooms with stone benchtops

- Floor-to-ceiling tiling the ensuites and bathrooms

- Upgraded black tapware

- Smart mirrors

Ground floor consists of

- Wide Entry

- Guest bedroom with WIR

- Theatre room

- Study nook

- Open plan Living with dining and Family areas

- Kitchen with spacious Island stone benchtop

- WIP

- Feature lights above kitchen bench

- 900mm appliances

- Dishwasher

- Extended Alfresco

Upper level consists of

- Grand Master bedroom with retreat area

- Impressive spacious WIR

- Balcony

- Ensuite with Spa bath

- Double vanities

- Retreat area

- Remaining bedrooms with BIR

- Main bathroom with Bathtub

Other features

- ⁠Upgraded facade

- Upgraded tiling downstairs

- ⁠Timber flooring upstairs

- ⁠Laundry with extended storage

- ⁠Void above family with chandelier

- ⁠Digital lock

- ⁠Built in cabinetry in the wardrobes

- Bulkhead in the kitchen

- Extended alfresco

- Refrigerated heating and cooling throughout

- Low-maintenance gardens

Located close to:

- Bridgewood Primary School

- Maranatha Christian College

- St Francis Xavier college

- Pakenham lakeside Primary school

- Kurrun Primary School

- Officer Secondary College

- Edenbrook Secondary College

- Childcare centre

- Lakeside Square Shopping Centre

- Arena Shopping Centre

- Medical centre

- Sporting facilities

- Public transport

- Princes Highway

- M1 Freeway

- Princes Freeway

- Restaurants and Cafes

Chattels: All fittings and fixtures as inspected.

Deposit terms: 5-10% of the purchase price.

Preferred Settlement: 30/45/60 days.

For Top Quality Service and your Real Estate needs, please contact Raman Sidhu today and make this your next home.

PHOTO ID REQUIRED AT OPEN HOMES

Due Diligence Checklist

Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters. The photo is for demonstrative purposes only. You can learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website https://www.consumer.vic.gov.au/housing/buying-and-sellingproperty/checklists/due-diligence

Listing description written by Raman Sidhu, Top Estate Agents — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.