Is it possible to overclock with my current build?

I've asked a few people with varying answers. I'm pretty sure I can't overclock with the motherboard I have. Secondary question: Assuming I cant overclock is it worth it to buy new parts just to overclock?


PCPartPicker part list: http://pcpartpicker.com/p/h7pf
Price breakdown by merchant: http://pcpartpicker.com/p/h7pf/by_merchant/
Benchmarks: http://pcpartpicker.com/p/h7pf/benchmarks/

CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($215.99 @ NCIX US)
Motherboard: Asus P8H77-V LE Micro ATX LGA1155 Motherboard ($118.98 @ NCIX US)
Memory: G.Skill Ripjaws Series 8GB (2 x 4GB) DDR3-1600 Memory ($54.99 @ Newegg)
Storage: Western Digital Caviar Blue 500GB 3.5" 7200RPM Internal Hard Drive ($62.99 @ SuperBiiz)
Video Card: PNY GeForce GTX 560 1GB Video Card ($166.97 @ Newegg)
Case: Cooler Master HAF 912 ATX Mid Tower Case ($49.49 @ SuperBiiz)
Power Supply: Corsair 650W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($103.99 @ Best Buy)
Total: $773.40
(Prices include shipping and discounts when available.)
(Generated by PCPartPicker 2012-09-10 22:07 EDT-0400)


EDIT: This is my first build so I don't know much.