Officer is a settled mid-to-large suburb in Victoria within the Cardinia local government area (postcode 3809). With a population of 18,503, the suburb has a predominantly early-career demographic with a median age of 31. Households earn a median income of $111K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Indian.
Median house prices in Officer stand at $743,000, having increased by 3.4% over the last twelve months. Units have a median price of $540,000 (-2.7% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Officer is served by 9 schools, including 7 primary, 1 secondary, 1 special. The average ICSEA score is 1031, which is around the national average of 1,000. Public transport access includes 3 rail stations, 45 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
On the investment side, Officer shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices are near the state median ($743K/$875K). The price-to-income ratio of 6.7x is considered moderate. House prices have moved +3.4% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.