175 Bayview Road, Officer VIC 3809
175 Bayview Road, Officer VIC 3809
Large semi-rural block | family-focused layout | quiet street position | strong growth-area demand | lifestyle value over yield
This property sits at the edge of Officer’s typical suburban product, offering a rare land-heavy footprint that appeals to buyers seeking space, privacy, and room to expand. The house itself is configured for family living, with generous bedroom and parking provisions, and the block size positions it well above the standard titled lots that dominate the area. It suits a buyer who values long-term land holding, outdoor amenity, and a semi-rural atmosphere while still being within reach of schools, transport, and daily services. The combination of established build, usable outdoor space, and low-density character makes it a distinctive option in a market largely defined by compact family homes.
The value of this property may be shaped by its land-to-dwelling ratio, as larger parcels in this corridor often carry a premium for future subdivision or lifestyle use. The presence of a bushfire overlay could influence insurance costs or development flexibility, and the property’s position on a quieter road might limit immediate resale liquidity compared to more standard estate stock. Buyers should weigh the potential for land appreciation against the carrying costs of a larger site, and consider how the existing dwelling’s age and condition might affect renovation or upgrade decisions.
Detailed Independent Property Report prepared by PropCred Analyst team for 175 Bayview Road, Officer VIC 3809
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Officer is an established outer-suburban market where the median house is $750,000, having risen 5.3% in a year, though this pace sits about 28% below the Melbourne average. Units are softer at $537,500, with values down 2.68%. Houses take roughly 27 days to sell, indicating moderate turnover. Demand is driven by professional couples with children and high mortgage exposure—about 80% of owners hold a mortgage—plus investors attracted to affordable entry points and a 12.3% surge in house rents. Rental yields are steady at 3.89% for houses and a stronger 4.95% for units. The key constraint is price growth underperformance relative to the broader market; tight rental conditions offer a buffer, but unit price weakness signals patchy demand.
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PropCred Estimated Value
Comparable Sales: 170 Bayview Road (1ha, 4/2/5) estimated $1.4M; 151 Bayview Road (4.75ha) off market | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, dwelling condition, bushfire overlay, street position
Bedrooms
3
Bathroom
1
Parking
8
Land
6.25 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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