OFF MARKET

425 Officer South Road
Officer South VIC 3809

Bedrooms: 5
Bathrooms: -
Car spaces: -
Land area: 789250m2
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Property Details for 425 Officer South Rd, Officer South

Building Type
Rural
Year Built
1905
Land Size
789250m2
Local Government
Cardinia
Lot/Plan
1/TP215018

Last Listing description (February 2022)

Savills is delighted to offer for sale this landmark englobo landholding located at 425 Officer South Road, Officer South. Surrounded by established estates and numerous growth precincts, the site is ideally placed to capitalise on Melbourne's planned future growth.

Key attributes of the property include:

Generational 78.76ha* landholding
1,485 metre frontage* to Officer South and Patterson Roads
Urban Growth Zone - PSP estimated completion in late 2022
Extension of Clyde's growth precinct set to deliver 41,000 plus homes in the next 20 years^
Opposite Mirvac's $1.5 billion* Smiths Lane masterplanned community including new town centre
A landmark opportunity to secure a foothold on Melbourne's next major growth precinct

*Approximate ^forecast.id.

For Private Sale

For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Colin Tarlamis - 0400 344 070

Property History for 425 Officer South Rd, Officer South, VIC 3809

A timeline of how this property has performed in the market
Last Sold
$100,059,050
09 Jun 2022
  • 09 Jun 2022
    Sold for $100,059,050
  • 04 Nov 2021
    Listed for Sale For Private Sale
  • 07 Aug 2019
    Listed for Sale Not Disclosed
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About Officer South 3809

The size of Officer South is approximately 20 square kilometres. It has 1 park. The population of Officer South in 2011 was 448 people. By 2016 the population was 81 showing a population decline of 81.9% in the area during that time. The predominant age group in Officer South is 10-19 years. Households in Officer South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Officer South work in a managers occupation. In 2011, 76.9% of the homes in Officer South were owner-occupied compared with 64% in 2016.

Officer South has 1,150 properties. Over the last 5 years, Houses in Officer South have seen a 7.06% increase in median value. As at 31 October 2024:

  • The median value for Houses in Officer South is $813,146 while the median value for Units is $622,701.
  • Houses have a median rent of $600.
There are currently 8 properties listed for sale, and 1 property listed for rent in Officer south on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Officer south.

Suburb Insights for Officer South 3809

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.