7 Craft Street, Officer VIC 3809

3-bed, 2-bath, 167m² build on 294m² | double garage with internal access | rear deck and courtyard | ducted cooling and heating throughout The property’s configuration — a full-size three-bedroom house with two bathrooms and a double garage on a low-maintenance lot — is increasingly rare in new subdivisions, giving it a functional edge over townhouses and smaller units at similar price points. The open-plan layout with a walk-in pantry and stone benchtops appeals to owner-occupiers, while the ducted heating and cooling, fully fenced yard, and rear deck make it suitable for downsizers or first-home buyers seeking immediate move-in condition. Its position on Craft Street, where 71% of properties are owner-occupied, signals stable demand and lower turnover risk compared to rental-heavy pockets of Officer. The primary risk is the price range itself: at $670k-$730k, the property sits at the upper end of the suburb’s median, and the 2.3% annual growth for Officer means capital gains will be modest over a short hold. Buyers should negotiate toward the lower half of the range to build in equity from day one. The absence of flood or bushfire overlays reduces insurance costs, and the existing rental estimate of $570/week supports a 4.2% gross yield — viable for an investor but not exceptional. Hold this property as a long-term family home or a stable rental in a high-demand corridor, not for quick flipping.