53 Grant Parade, Officer VIC 3809
53 Grant Parade, Officer VIC 3809
5 bed | four living zones | 238sqm build | 512sqm block | 53 Grant Parade
This property offers a rare configuration edge for a family buyer: five bedrooms with four separate living zones on a standard block, which is competitively positioned against newer estates where similar floorplans are often squeezed onto smaller lots. The dedicated study and rumpus room add genuine flexibility for home office or childrenโs zones, and the 2020 build means modern insulation, wiring, and finishes without deferred maintenance. It serves best a multigenerational household or a family needing distinct spaces for work, study, and recreation, and its 8-day market presence suggests limited competition at this price point.
The key risk is the 512sqm block, which limits future subdivision or significant extension potential, and the propertyโs value is tied tightly to the local school catchment and Cardinia Councilโs residential zoning,any policy shift there could compress upside. The 4.1% rental yield is solid for a house of this size, offering a credible hold strategy if purchase price lands near the estimated value range. Hold for at least five years to capture infrastructure uplift from the Officer growth corridor.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 53 Grant Parade, Officer VIC 3809
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.