16 Calvert Street, Officer South VIC 3809
16 Calvert Street, Officer South VIC 3809
4-bedroom family house | Officer South | 425sqm block | 3 living zones | school catchment advantage
This property presents a strong entry point into Officer South’s family market, where its 3 living zones and 4-bedroom configuration offer rare flexibility for a 425sqm block. The positioning within the Edenbrook Secondary College catchment adds genuine buyer appeal, as school proximity consistently drives demand in this corridor. For families seeking separation of spaces without sacrificing land efficiency, this floorplan provides a competitive edge over newer builds that often compress living areas.
The primary risk lies in the suburb’s thin market depth, with only 30 four-bedroom houses sold this year and a 0% auction clearance rate indicating limited competitive pressure. However, this creates opportunity for a buyer who can negotiate below the median $910,500, especially given the property’s 2017 purchase history suggests potential vendor flexibility. The absence of overlay restrictions simplifies due diligence, while the 42-day average days on market points to a balanced rather than distressed selling environment.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Calvert Street, Officer South VIC 3809
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Officer South is an emerging residential market characterised by strong house price growth and swift sales, driven by younger demographics and first-time buyers seeking entry-level opportunities. This demand is underpinned by a dynamic sales environment, though the market remains exclusively focused on houses due to negligible unit supply and activity. Future growth is tied to sustained buyer interest, yet constrained by limited market liquidity and a lack of diversified housing stock.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
425m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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