Officer’s median house prices have witnessed strong growth, and the area is forecast to add more residents than any other in Cardinia Shire. Our brand-new Lera Investor Guide covers everything from strong rental returns, long-term growth to the tax benefits of buying new.
Where your investment story starts
Officer has a lot to offer buyers and investors. Lera sits in the heart of Officer, one of Melbourne’s fastest-growing corridors, where young families and professionals are choosing to put down roots, and it’s easy to see why. Lera is a community designed for the way people want to live: nature on your doorstep, connected to everything and built for the future.
Residents want to be close to what matters, and Lera delivers:
- The M1 is 2 minutes away
- Cardinia Road Station is 5 minutes away
- Officer Station is 7 minutes away
- Lakeside Square is 5 minutes away
- Arena Shopping Centre is 15 minutes away
- Casey Hospital is 12 minutes away
- 10 established schools are within a 5km radius
Officer is projected to add more residents than any other area in Cardinia Shire, which means more people are looking for a place to call home. There’s no better time to get in early and grow with it.
Property Market Insights
Median House Price: $735,000
+ 2.9% average annual growth over 5 years
Median Land Price: $454,000
+ 6.1% average annual growth over 5 years
Median Rent (3 Bed): $550 p.w.
A 4.30% yield
Median Rent (4 Bed): $610 p.w.
A 3.90% yield
Population Growth: + 1,259 pa
+ 3.4% average annual population growth
Household Structure: Family Oriented
Families with kids make up 53.9% of households
Age Structure: Balanced Ages
25-34: 21%
35-54: 29%
Median Household Income
$2,125 p.w. compared to $1,901 for Greater Melbourne
Nearby Suburb Median House Prices
Officer: $735,000
Narre Warren: $784,000
Berwick: $896,000
Pakenham: $715,000
Clyde: $745,000
Sources: RPM Market Intelligence, PriceFinder, Australian Bureau of Statistics.
Disclaimer: Information is correct as of 9th September and subject to change. Information provided is intended as a guide only. Readers are encouraged to conduct their own due diligence on their investment.
Median House Price
| Suburb | 2025 Median | Average Annual Growth 2015-25 |
|---|---|---|
| Officer | $751,000 | 7.3% |
| Pakenham | $700,000 | 6.7% |
| Clyde North | $745,000 | 6.2% |
| Berwick | $900,000 | 5.3% |
| Beaconsfield | $960,000 | 5.6% |
Officer sits in the sweet spot of Melbourne’s southeast. It costs less than established Berwick and Beaconsfield, while also being priced close to Pakenham and Clyde North. Over the past 10 years, prices have grown faster than in any of these suburbs, averaging 7.3% a year, and Officer’s median house price has more than doubled since 2015. Officer is forecast to add more residents than any other area in Cardinia Shire, and 3 and 4-bedroom homes rent for $550–$610 a week. For investors, that means a lower buy-in than established suburbs, with strong projected growth.
Key Investment Insights
- Negative gearing favours new builds. Under new laws, from 1 July 2027, negative gearing is only available on new builds for properties purchased after 12 May 2026, which could be a significant tax benefit.
- A compliant rental home from day one. Victoria’s new rental energy standards start from March 2027. New homes are already built to a 7-star energy rating, all-electric and well insulated, so there’s no costly retrofitting.
- Less maintenance, more peace of mind. New fixtures, appliances and builder warranties mean fewer repairs and fewer disruptions for tenants.
- Bigger depreciation benefits. New property owners can claim the building over 40 years plus brand-new fittings, which buyers of established homes generally can’t claim.
- Strong growth potential. Officer’s population is projected to grow 45% by 2041, and house prices have averaged 7.3% annual growth over the past decade.
Building Your Future at Lera
At Lera, we’re creating a community where people want to live, grow and stay for years to come. For buyers and investors, that means a place with long-term appeal, backed by thoughtful design, quality infrastructure and a growing local population.
This is your snapshot of the latest property market insights in Officer, grab your free copy now – Lera Officer’s Buyer Guide.
Ready to start your investment story at Lera? Register your interest or contact our friendly sales agent on 0438 265 798 to discuss the available lots today.