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 › Thompson Rd
$1,770,000
Last sold
27 July 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
975 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
$1,770,000
27 July 2023 · 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
+103.4%
Median sale
Suburb $870,000
-1.80 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 MontroseIt’s no wonder this captivating home featured in an episode of “Australia’s Best Houses” with its stellar custom design and bespoke elements delivering a one-of-a-kind sanctuary where luxury, style, and lifestyle embrace you in perfect harmony. Nestled in an exclusive neighbourhood walking distance to the Upwey village, this 5-bedroom, 3-bathroom masterpiece showcases a fluid blend of organic and industrial materials with reclaimed aspects and designer touches setting the stage for an unparalleled living experience that beckons you in with open arms, charming you with its sensual warmth and unique character.
Centre stage of the lavish open plan living/meals zone is a sleek and modern chef designed kitchen with luxe stone benches and marble splashback effortlessly catering for casual eats to large-scale soirees. Featuring Miele appliance, expansive island where friends and family can gather, triple ovens and a deluxe walk-in pantry to keep life clutter free – you can also forget the soda stream with your very own Zip sparkling water tap (chilled and boiling too!). At the heart of this home, you will find a rare gem that sets it apart from others—a Japanese-inspired sunken lounge. This striking space features a cosy gas log fireplace for cosy nights in, and deep connections with guests whilst the tunes ramp up.
Perfect for families, this home boasts a dedicated children's zone where two beautiful bedrooms reside serviced by a sublime family bathroom. Radiance beams through the gallery walkway complemented by aqua pool views leading to the master domain. This space includes a spa-like ensuite bathroom, built-in bed with messmate feature wall and generous walk-in closet. Designed with multi-generational living in mind, the self-contained zone provides a separate, private space with a fourth bedroom, intimate family room and bathroom perfect for your older children, guests, or live-in relatives. Downstairs includes a soundproof room, ideal for music aficionados or a media space and at the entrance is a fifth bedroom with striking reclaimed brick wall which would also make a fabulous home office.
The open concept living area spills out onto a private entertainers' deck featuring a gas-plumbed barbeque and gas-heated plunge pool. This alfresco paradise is sure to impress with a stained Japanese black cedar bench, recycled railway sleepers and the rustic hues of rusted steel. Lose yourself in the magical and professionally landscaped gardens. The lush native greenery, reclaimed elements and soothing water features create an idyllic paradise for your personal relaxation with a layer of lush lawn and a chook run appealing to those who enjoy home-grown.
At a Glance:
• 5-bed, 3-bath custom designed, owner-builder house that presents as new with bespoke elements throughout.
• Chef designed kitchen with walk-in pantry, three Miele ovens, integrated Miele dishwasher, a steam oven and zip tap featuring sparkling/chilled/boiling water.
• Solar panels.
• Recycled messmate timber floors throughout living zones.
• Polished concrete floors in the master bedroom.
• Custom and unique designer lights by renowned NZ designer David Trubridge and the Volker Haug studio.
• Double glazed windows throughout and industrial/commercial strength windows in some parts.
• Double blinds with blackout shades in all bedrooms.
• 100% plush wool carpet in minor bedrooms.
• Remote control windows in the living areas.
• Three zone surround sound system.
• Double auto garage with polished concrete floors and internal entry plus abundant off-street parking.
• Salt chlorinated gas heated plunge pool that fits 12 people (can be heated within 45 mins).
• Ducted heating and refrigerated cooling throughout for seasonal comfort.
• Vast under house storage and storage throughout the home.
• Full sprinkler and light system in the gardens.
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.