265 Rix Road, Officer VIC 3809

265 Rix Road, Officer VIC 3809
Modern family home in growth corridor | Strong rental yield potential | No overlay risks | Suits owner-occupiers or investors This property occupies a competitively strong position in Officerโ€™s family market. The 467mยฒ block with 235mยฒ of living space is rare in new subdivisions, giving buyers practical room without land tax burden. The double garage with rear internal access and open-plan layout suits families seeking flow and security. Zoning for Officer Secondary College and proximity to shops and transport close a key lifestyle loop. For investors, the $590pw rental midpoint against a $773k valuation implies a gross yield near 4%, which is solid for a Melbourne growth corridor. The propertyโ€™s clean overlay status and modern build reduce holding surprises. The main risk is price sensitivity in a softening market,the $730kโ€“$800k band sits at the upper end of comparables, and a 2014 purchase price of $490k signals possible vendor flexibility. Buyers should verify virtual staging accuracy and inspect for maintenance in a property only 8 days on market. The opportunity lies in negotiating below the midpoint, given the search bandโ€™s $730kโ€“$767k range. FTTP NBN and 5G coverage are supporting value adds, not prime drivers. Hold this property for medium-term capital growth in a suburb with strong infrastructure pipeline.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 265 Rix Road, 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

467mยฒ

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