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 › Silkpod Rd
$670,600
For sale
Asking
3
Bedrooms
2
Bathrooms
1
Car spaces
179 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
$670,600
Asking · $3,746/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Officer (last 5 years) with land size have a median of $1,865/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
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
-8.2%
Median sale
Suburb $730,500
+0.37 pp
Gross yield
Suburb 4.09%
Suburb median $730,500 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$40,678 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.
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 4.5%. 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
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 Turnkey Real Estate GroupOne fixed price covers everything from the slab to the front fence - no variations, no surprises at handover. Walk into a brand new 3 bedroom home in Officer with the keys already in your hand.
This 3 bedroom, 2 bathroom single-garage home is built for easy living, with the master suite zoned privately at the rear behind its own walk-in robe and ensuite, and two robed bedrooms sharing the central bathroom. The open-plan family, meals and kitchen runs the length of the home and opens to natural light, finished with a 20mm composite stone benchtop, 900mm appliances and 2590mm ceilings that lift the whole space. Out front, the rendered facade and timber-look garage door give it a clean, modern street presence - and with Officer Station, parks and schools minutes away, it suits first home buyers, families and investors equally.
Key Features:
- Fixed price $670,600 - fully turnkey, all site costs included
- 20mm composite stone benchtop
- 900mm kitchen appliances plus stainless steel dishwasher
- Split system air conditioning
- 2590mm ceiling height throughout
- Master suite with walk-in robe and ensuite
This Fixed Price Home & Land Package Includes:
- Fixed price site costs
- Front landscaping including dripper irrigation system with battery-operated timer for easy maintenance
- Rear landscaping including mulched garden beds with trees or plants along the rear boundary, turf and topping to the remaining rear and side areas, plus a dripper irrigation system connected to the tap
- Full shared fencing to side and rear boundaries, including side gate in accordance with developer guidelines
- Coloured concrete driveway
- Fold-away clothesline with coloured concrete pad
- Concrete letterbox designed to suit the home and comply with estate design guidelines
- Timber laminate flooring, carpet to bedrooms, and tiles to wet areas
- Heating and cooling
- Holland blinds throughout
- Flyscreens to all windows
- Sliding flywire doors
- Stainless steel 900mm kitchen appliances
- 2580mm high ceilings
- Stainless steel dishwasher
- Stone benchtops to kitchen
- Tiled shower bases
- Downlights throughout
- Alarm system including sensors and keypad at entry
- Bushfire Attack Level (BAL) 12.5 requirements where applicable
- Re-establishment survey of the block where required
- Choice of gold, black, or chrome tapware to kitchen
- Council infrastructure levy where applicable
- Brickwork above all windows and doors in lieu of FC sheet (excluding above garage door)
- Facade render where required for developer approval
- All developer requirements included
- Temporary fencing during construction
- Compliance with all Occupational Health & Safety build requirements
Penrose Place, Officer
Penrose Place is a tightly held community of just 62 lots in the heart of Officer, surrounded by established green space and walking distance to Officer Train Station. Families have 15 schools and eight parks within easy reach, while 15-plus specialty stores and more than 30 cafés and fresh food options sit nearby. It's a connected, growing neighbourhood that suits first home buyers, downsizers and families chasing modern living without the commute compromise.
Listing description written by Brianna Petruccelli, Turnkey Real Estate Group — reproduced as published, not verified by Districts.