Upwey at a glance
6,877
People
$870,000
Median sale
$590/wk
Median rent
3.53%
Suburb gross yield
Median sale from 65 recorded sales (last 12 months) — a Districts calculation.
VIC › Upwey › Burwood Hwy
$692,500
Last sold
11 July 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
570 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
$692,500
11 July 2019 · 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 65 recorded sales (last 12 months) — a Districts calculation.
Vs Upwey
-20.4%
Median sale
Suburb $870,000
+0.90 pp
Gross yield
Suburb 3.53%
Suburb median $870,000 from 65 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 65 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Chandler & Co Real EstateLocated in the sought after suburb of Upwey, only a short stroll to the main township, local train station and schools, this massive townhouse is only 8 years old and combines a versatile and functional layout with many top quality features.
The main floor has internal access from the remote double garage and offers a large master bedroom with full ensuite and WIR, open plan living with spacious modern kitchen containing stainless steel appliances, a 900mm upright oven and island bench and a meals and living area that opens out onto a balcony that looks over the rear yard.
Upstairs is perfect for the kids with 2 more spacious bedrooms both with BIR's, family bathroom and another lounge area - There are so many living options with this home that a family of any size or age group will be content.
The ground floor offers a separate entry ideal for a teenagers retreat, in-law accommodation or even an Air bnb set up with split system heating and cooling plus a covered deck for entertaining, large living area with kitchenette, and added under house workshop.
Additional highlights include remote entry gates, double glazed windows, ducted heating and evap cooling, 3.5kv solar system, security cameras and ducted vacuum.
With endless options this is sure to suit many buyers and investors with a fantastic rental return of approx $600 per week. Perfectly positioned and under an hour's drive to Melbourne CBD, this is large scale living in an ultra-convenient location!
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 Brad Conder, Chandler & Co Real Estate — reproduced as published, not verified by Districts.
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