Lot 124 - Penrose Place - Officer-0 Lot 124 - Penrose Place - Officer-1
Lot 124 - Penrose Place - Officer-0
Lot 124 - Penrose Place - Officer-1

Lot 124 - Penrose Place - Officer

Officer, Melbourne, VIC, 3809

$ 664,100

Officer, Melbourne, VIC, 3809
Lot 124 - Penrose Place - Officer-0 Lot 124 - Penrose Place - Officer-1
Lot 124 - Penrose Place - Officer-0
Lot 124 - Penrose Place - Officer-1

Property Images

Lot 124 - Penrose Place - Officer-0 Lot 124 - Penrose Place - Officer-1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 120

Details

Updated on Aug 26, 2026

Property Type: House and Land
Price: $ 664,100
Land Price: $ 335,000
Build Price: $ 329,100
Gross Per Week: $ 550
Gross Per Annum: $ 28,600
Gross Yield: 4.31%
Capital Growth 12 Months: -2.17%
10Yr Annualised Growth: 12.84%
Vacancy Rate: 0.01%
Property Size: 120 m2
Land Area: 179 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 29566
SKU: 1001

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Officer, VIC is a rapidly growing suburb in Melbourne’s southeast, located about 50 km from the CBD. Known for its modern housing estates, family-friendly environment, and strong infrastructure growth, it is a popular choice for families, first-home buyers, and commuters.

The suburb offers excellent amenities, including parks, playgrounds, sporting facilities, schools, and shopping centres. Residents have convenient access to Arena Shopping Centre and nearby retail hubs in Pakenham.

Education is a major drawcard, with several schools including Officer Primary School, Officer Secondary College, and a range of private and independent schools, along with numerous childcare centres.

Transport is a key advantage, with Officer Railway Station providing regular train services to Melbourne. The Princes Freeway also offers convenient road access for commuters.

Overall, Officer offers a modern and family-friendly lifestyle with strong amenities, excellent schools, and good transport links, making it one of Melbourne’s fastest-growing outer suburbs.

Address

Open on Google Maps
Address Lot 124 - Penrose Place - Officer
City Melbourne
State VIC
Postcode 3809
Suburb Officer

Similar Listings

  • $ 322,250
Lot 635 - Uptown Estate - Shepparton
Gross Return
$ 30,160
Gross Yield
9.36%
Capital Growth
7.39%
Vacancy Rate
0.02%

Lot 635 - Uptown Estate - Shepparton

Shepparton , City of Greater Shepparton, VIC, 3630
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 687,250
Lot 642 - Uptown Estate - Shepparton
Gross Return
$ 30,160
Gross Yield
4.39%
Capital Growth
7.39%
Vacancy Rate
0.02%

Lot 642 - Uptown Estate - Shepparton

Shepparton , City of Greater Shepparton, VIC, 3630
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 610,325
Lot 46 - Woodlands Estate - Nagambie
Gross Return
$ 31,200
Gross Yield
5.11%
Capital Growth
6.05%
Vacancy Rate
0.05%

Lot 46 - Woodlands Estate - Nagambie

Nagambie, Shire of Strathbogie, VIC, 3608
  • 4 Bedrooms
  • 2 Bathrooms
  • 1Cars
House and Land
  • $ 795,500
Lot 55 - Hornet Way - Virginia
Gross Return
$ 30,940
Gross Yield
3.89%
Capital Growth
6.15%
Vacancy Rate
0.06%

Lot 55 - Hornet Way - Virginia

Virginia, Adelaide, SA, 5120
  • 3 Bedrooms
  • 2 Bathrooms
  • 1Cars
House and Land

Sold Listings

Featured
SMSF
  • $ 456,500
Unit 21 Lot 21S Found Storage, Huntingdale VIC
Sold
Gross Return
$ 21,840
Gross Yield
4.78%
Capital Growth
3.65%
Vacancy Rate
0.01%

Unit 21 Lot 21S Found Storage, Huntingdale VIC

Huntingdale, Melbourne, VIC, 3166
  • N/A Bedrooms
  • TBA Bathrooms
  • TBACars
Commercial
Featured
SMSF
  • $ 319,000
Unit 61 Lot 29S Found Storage, Huntingdale VIC
Sold
Gross Return
$ 17,680
Gross Yield
5.54%
Capital Growth
3.65%
Vacancy Rate
0.01%

Unit 61 Lot 29S Found Storage, Huntingdale VIC

Huntingdale, Melbourne, VIC, 3166
  • N/A Bedrooms
  • TBA Bathrooms
  • TBACars
Commercial
Featured
Rental Guarantee Co living SMSF
  • $ 705,500
Lot S1424 Hazel Avenue, Wallan VIC
Sold
Gross Return
$ 34,320
Gross Yield
4.86%
Capital Growth
7.21%
Vacancy Rate
0.03%

Lot S1424 Hazel Avenue, Wallan VIC

Wallan, Mitchell Shire, VIC, 3756
  • 3 Bedrooms
  • 3 Bathrooms
  • 1Cars
Co living
Featured
Dual Occupancy SMSF
  • $ 1,190,366
Lot 42 Century Estate, Redbank Plains QLD
Sold
Gross Return
$ 65,000
Gross Yield
5.46%
Capital Growth
10.58%
Vacancy Rate
0.01%

Ipswich QLD 4301

Ipswich QLD 4301
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner
News & Events​

Investment property news

View All Our Investment Property News

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

Compare listings

Compare