64 Timbertop Boulevard Officer VIC 3809

64 Timbertop Boulevard Officer VIC 3809
| 4-bed family house | Timbertop Estate | 51% site coverage | 3 living areas + study | No overlays | This property offers a rare combination of generous internal space and efficient land use, with three distinct living areas and a study that suit a family needing separation between zones. The 51% building coverage on a 518mยฒ lot is higher than typical for the estate, which means more usable indoor space without sacrificing a functional backyard. For a buyer targeting the Officer family market, this configuration is competitively positioned against newer builds on smaller lots. The absence of bushfire, flood, or heritage overlays removes common negotiation points and due diligence delays, making this a cleaner transaction than many comparables. It serves best a buyer who values layout flexibility over land banking. The primary risk is price positioning against nearby listings, particularly 69 Timpertop Boulevard, which offers a slightly smaller land area but may trade at a discount. The 2013 purchase price of $253,000 indicates significant capital growth but also suggests limited upside in the short term if the market softens. However, the FTTP connection and 5G coverage add practical value for remote work households, and the school zoning is a stable demand driver. The opportunity lies in negotiating below the $870kโ€“$950k range, given the six-day market exposure and the presence of a direct comparable. Hold this property as a long-term family home; it is not positioned for rapid flipping but will retain demand through its layout and location.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

4

Bathroom

2

Parking

2

Land

519mยฒ

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