85 Centenary Boulevard, Officer South VIC 3809
85 Centenary Boulevard, Officer South VIC 3809
Spacious five-bedroom family house | Officer South growth suburb | Demand from large households | Notable value uplift from 2020
This property is positioned as a strong fit for families requiring multiple bedrooms and generous living space, with a 512-square-metre lot that is considered larger than many in Officer South’s newer estates. Its location in a growth suburb is associated with ongoing demand, and the five-bedroom, three-bathroom configuration is viewed as a rare offering for owner-occupiers seeking room to expand. Significant value appreciation has been demonstrated since its last transaction, which is reflected in its current market position.
The final sale price may be influenced by the quality of internal finishes and any additions made since construction, which are not confirmed in available sources. A need for updates or improvements to match current expectations might be considered by buyers, particularly given the property’s price trajectory. A careful inspection of the fitout and outdoor areas is recommended to form a complete view of its value.
Detailed Independent Property Report prepared by PropCred Analyst team for 85 Centenary Boulevard, Officer South VIC 3809
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Insight: Officer South VIC 3809
Officer South is an emerging residential market characterised by strong house price growth and swift sales, driven by younger demographics and first-time buyers seeking entry-level opportunities. This demand is underpinned by a dynamic sales environment, though the market remains exclusively focused on houses due to negligible unit supply and activity. Future growth is tied to sustained buyer interest, yet constrained by limited market liquidity and a lack of diversified housing stock.
PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
512m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst