Upwey at a glance
6,877
People
$870,000
Median sale
$590/wk
Median rent
3.53%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
$670,000
Last sold
10 Aug 2018
3
Bedrooms
2
Bathrooms
1
Car spaces
415 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$670,000
10 Aug 2018 · derived via latest_sale
Local land rate: recorded House sales in Upwey (last 5 years) with land size have a median of $810/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Upwey at a glance
6,877
People
$870,000
Median sale
$590/wk
Median rent
3.53%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Upwey
-23.0%
Median sale
Suburb $870,000
+1.05 pp
Gross yield
Suburb 3.53%
Suburb median $870,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $590/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Upwey at a glance
6,877
People
$870,000
Median sale
$590/wk
Median rent
3.53%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate MontroseThis stunning, newly renovated home on approximately 415m2 is perfect for first home buyers, downsizers or investors. Upon entry into the three bedroom weatherboard home, you are greeted by high ceilings and modern design elements throughout. Beyond the beautifully tiled entrance foyer, you are welcomed into the open plan kitchen and dining area. With floating floorboards guiding you through this wonderful open entertaining space and the adjacent living area, there is no shortage of areas to relax and unwind with family or friends.
The well-appointed kitchen is fitted with a brand new 900mm gas oven and cooktop, integrated dishwasher, breakfast bar and large butlers pantry. From the dining space, the outdoor entertaining decking area is perfect for hosting family, friends or guests.
The stunning main bedroom features a walk-in-robe fitted with functional storage options, and an ensuite effect to the large main bathroom with separate shower and bath. The other two good sized bedrooms are fitted with BIRs and are serviced by the second bathroom/laundry.
With ducted heating and double blinds throughout the home, as well as the split system heating/cooling in the kitchen area, this home is one to be enjoyed at all times of the year. With the added extras of the large single carport and circular driveway entrance, there is no shortage of space.
With all the work done and ready for new owners, this property is perfect located within easy walking distance to the thriving Upwey township with its many cafes and restaurants, schools and public transport and only an inspection can truly display the magnificence of this fully updated home.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.