Officer South is a small community in Victoria within the Cardinia local government area (postcode 3809). With a population of 1,159, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $108K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Officer South is $773,000, having dropped significantly 10.7% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,200.
Public transport access includes 3 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Officer South offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($773K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved -10.7% year-on-year.
Officer South is a small community in Victoria within the Cardinia local government area (postcode 3809). With a population of 1,159, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $108K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Officer South is $773,000, having dropped significantly 10.7% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,200.
Public transport access includes 3 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Officer South offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($773K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved -10.7% year-on-year.