21 Madison Place, Officer VIC 3809

21 Madison Place, Officer VIC 3809
3-2-2 family config | 147mยฒ efficient layout | study adds flexibility | Officer growth corridor | FTTP and 5G This property’s 3-2-2 configuration on a 395mยฒ block is standard for Officer, but the 147mยฒ internal area and a study deliver spatial efficiency rarely found at this price point. Zoning to primary and secondary schools, together with zero flood or bushfire risk, lower long-term holding costs. It suits owner-occupiers wanting a low-maintenance family home, or investors pursuing a 4% net yield in an appreciating corridor. the main risk is the wide estimated value range, suggesting market uncertainty, so a pre-purchase appraisal is warranted. Since 2011 capital growth has been strong, and further appreciation is likely as corridor infrastructure matures. The study can be leveraged to command premium rent or resale buyer interest. Hold for at least five years to capture full uplift; this is a long-term hold not a trade
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Madison Place, Officer VIC 3809
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

395mยฒ

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