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.
VIC › Upwey › Old Belgrave Rd
$990,000
Last sold
8 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
1,220 m²
Land
Districts View
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
$990,000
8 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Upwey (last 5 years) with land size have a median of $808/m² of land (n=99). 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
+13.8%
Median sale
Suburb $870,000
-0.43 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 scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,231 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,231 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 2; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,231 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 1,231 m² — land size can look like optionality. What reduces it: EROSION MANAGEMENT OVERLAY; BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 2; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 22. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 MontroseExperience the perfect blend of old-world opulence and modern elegance in this tranquil 4-bedroom, 2-bathroom family sanctuary nestled among a hills landscape. Set back from the road and floating atop an elevated parcel, this home offers stunning treetop views and basks in a north facing aspect. Arrayed over two meticulously designed levels, it promises a luxurious living experience just a short walk from Upwey shops and station and is ideal for families seeking a serene lifestyle with easy access to amenities and the lively thrum of village life.
A wide, striking staircase ascends to the open plan living domain, setting a grand entrance that hints at the splendour within. Here, character abounds with warm timber floors, high ceilings, lashings of light and ornate cornices adding a touch of timeless allure.
Equipped with stainless-steel appliances, a large corner pantry, and a curved breakfast bar, the kitchen heart is a culinary haven where you can cook and converse seamlessly with family or guests in the living or casual meals area.
The family room is a cosy retreat with a vertical wood fire casting a warm glow to accompany your downtime. Adjacent, a chandelier clad dining zone is a stunning feature of the space poised on a raised platform that demands you pay it the attention it deserves. Bathed in natural light from expansive windows, this entertainer’s space is perfect for intimate dinners or lavish gatherings, offering a dining experience that is both dramatic and inviting.
In the warmer months, spill out to the paved alfresco zone for social time or a quiet retreat with a cuppa and birdsong.
The glamorous master bedroom on the top floor offers privacy and tranquillity for the heads of the household, complete with a walk-in robe and spa ensuite where you can end the day luxuriating. The lower-level houses three additional robed bedrooms, a main bathroom with twin vanity units and powder room. Also housed here, a second living zone perfect as a kid’s retreat where they can turn up the volume undisturbed.
A double garage provides ample space for vehicles and includes internal access, whilst a storage niche and under-house storage ensure plenty of room for your belongings.
Comfort is assured with ducted heating and split system air-conditioning, plus there’s a security alarm for peace of mind.
Located in a serene pocket of Upwey, this home offers a perfect balance of seclusion and convenience for your family’s next chapter.
At a Glance:
• 4 bedroom, 2 bathroom character home on 1220m2.
• Set well back from the road in an elevated position with leafy treetop views arrayed over 2 levels.
• Brimming with character including warm timber boards, high ceilings, ornate cornices and gabled roof.
• Enter to a striking wide staircase that ascends to the grand open plan living domain.
• Kitchen with stainless-steel appliances, large corner pantry and breakfast bar.
• Ambient wood fire in the family room, casual meals space and an elegant dining zone.
• Master bedroom with walk-in robe and ensuite on the top floor.
• Three bedrooms, main bathroom, powder room and second living on the lower level.
• Alfresco space flowing from the upstairs living area.
• Double garage with internal entry, side roller door, storage niche and access to under house storage.
• Flat off street parking space for car/trailer.
• Ducted heating and split system air-conditioning, 5kw solar system, plus security alarm.
• Quiet and peaceful pocket with a north facing aspect.
• 5 minute walk to the village, 8 minutes to the station, 11 minutes to Upwey Primary and an easy walk to Upwey Secondary.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.