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 › Belmont Ave
$1,200,000
Last sold
10 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,499 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
$1,200,000
10 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Upwey (last 5 years) with land size have a median of $811/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
+37.9%
Median sale
Suburb $870,000
-0.97 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 Ray White Ferntree GullyPositioned in a peaceful Upwey setting, this beautifully presented four-bedroom, two-bathroom residence delivers a relaxed hills lifestyle with generous indoor and outdoor living, extensive entertaining spaces, captivating valley outlooks and plenty of room for kids to run around.
A long driveway framed by white fencing and integrated lighting creates an inviting arrival, leading to the carport and landscaped gardens. Stone steps guide guests to the home, where a wrap around decked verandah with LED downlights sets the tone for everyday enjoyment. From the dining area, sliding doors open to the verandah and breakfast bench, offering a serene place to take in the surrounding views.
The main level features a welcoming living area with ducted heating, split system comfort and a wood heater fireplace, creating warmth and character throughout the seasons. The adjoining kitchen and dining zone includes floating timber look flooring, a ceiling fan, double sink, pantry and brand-new appliances, including a Salt dishwasher and Chef four-burner gas cooktop.
Accommodation includes a very large main bedroom with carpet, ceiling fan, built-in robe and ensuite with single vanity, toilet and double shower head. Three additional carpeted bedrooms each include ceiling fans and built-in robes, serviced by the main bathroom with tiled flooring, bathtub, single vanity and double shower head.
The lower level adds superb flexibility, featuring a large carpeted cinema/rumpus room accessed through double glass doors from the outdoor entertaining area. Complete with projector, split system and roll-down blinds, it is ideal for movie nights, games or relaxed gatherings. This level also includes a laundry with built-in linen shelving, a study nook and a separate living area with direct deck access.
Outdoors, the property is designed for entertaining and lifestyle enjoyment. A large decked entertaining area includes a barbecue and kitchenette with single sink, positioned to capture the valley views. An undercover spa alfresco area, vegetable patch, shed, large open backyard and separate outdoor fireplace area with integrated lighting, seating and a small stand-up bar further enhance the appeal.
Set on approximately 1,499 square metres, this impressive Upwey home combines space, comfort and a true connection to its leafy surrounds.
Features:
• Four bedrooms
• Two bathrooms
• Very large main bedroom
• Ensuite with double shower head
• Built-in robes to all bedrooms
• Ceiling fans to all bedrooms
• Ducted heating
• Split system climate control
• Wood heater fireplace
• Brand-new Salt dishwasher
• Chef four-burner gas cooktop
• Pantry
• Double kitchen sink
• Floating timber look flooring
• Carpeted bedrooms
• Roll-down blinds throughout
• Large cinema/rumpus room with projector
• Laundry with built-in linen shelving
• Wrap around decked verandah
• Carport
Location:
Enjoy a connected Upwey lifestyle within walking distance of Gilmour Park, Upwey Main Street Village, Upwey Station, Upwey High School and Upwey Primary School. Nearby destinations include the Dandenong Ranges, Upwey South Primary School, Talaskia Reserve, Tecoma Village, Tecoma Primary School, Upper Ferntree Gully Primary School, Upper Ferntree Gully Station, Ferntree Plaza, the 1000 Steps and Sherbrooke Falls.
On Site Auction Saturday 23rd of May at 12:30pm
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Listing description written by Paul Scott, Ray White Ferntree Gully — reproduced as published, not verified by Districts.