31 Eastbourne Cres, Officer VIC 3809
31 Eastbourne Cres, Officer VIC 3809
Spacious family home | Grandvue Estate prestige | 5-bedroom layout | In-ground pool | No heritage overlays
This property offers a rare combination of scale and modern design within a sought-after estate. The 437m² building footprint on an 836m² lot provides substantial living space across three zones, including a rumpus room, which suits multi-generational or growing families. The in-ground pool and hardwood timber staircase add tangible lifestyle appeal, while the absence of bushfire or flood overlays reduces holding risk. The property is best positioned for buyers seeking a long-term family home with strong rental fundamentals, given the $795 per week potential and dual school catchment.
The main risk is price positioning within a wide valuation range, where the upper end may test market depth in Officer. The 52% building coverage limits future extension options without planning approval, and the pool adds ongoing maintenance cost. However, the FTTP connectivity and fully fenced block support both owner-occupier and tenant demand. Hold this property as a primary residence to maximise lifestyle value, or lease it for steady yield in a corridor with consistent population growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Eastbourne Cres, Officer VIC 3809
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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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
5
Bathroom
4
Parking
2
Land
836m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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