166 Bridge Road, Officer VIC 3809

166 Bridge Road, Officer VIC 3809
Modern townhouse in Arcadia estate | walk to train and shops | three bedrooms two living zones | strong rental yield potential. This property offers a rare combination of compact footprint and generous internal configuration for its price point. The two separate living zones downstairs create genuine separation, which is uncommon in townhouses of this size and appeals strongly to families or professionals who work from home. Its position within walking distance of Officer station and the One Square shopping centre gives it a locational edge over comparable listings in the estate, reducing car dependency and supporting both owner-occupier and tenant demand. The master suite with walk-in robe and ensuite adds a premium touch that lifts it above entry-level stock, making it suitable for buyers seeking long-term hold rather than a starter flip. The primary risk is the 262mยฒ lot and 52% site coverage, which limits future extension potential and may feel constrained for buyers accustomed to larger backyards. However, this is offset by the fully fenced low-maintenance yard, which suits downsizers or investors. The 2023 purchase price of $650,000 provides a clear floor, and current rental estimates of $525โ€“$600 per week suggest a gross yield above 4%, which is strong for the corridor. Buyers should treat this as a buy-and-hold proposition, targeting capital growth from infrastructure maturation rather than short-term arbitrage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Officer presents as a family-oriented suburb with a market driven by professional households seeking affordability. Demand is underpinned by strong rental growth, attracting investor interest alongside first-time buyers. Recent house price growth has been moderate, with a stable sales volume indicating consistent activity. Future prospects are tied to this sustained rental demand, though price appreciation has recently trailed broader metropolitan trends.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

262mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat