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 › Ferndale Ave
$720,000
Last sold
24 Mar 2020
3
Bedrooms
1
Bathrooms
0
Car spaces
714 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
$720,000
24 Mar 2020 · 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
-17.2%
Median sale
Suburb $870,000
+0.73 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Montrose**PLEASE CONTACT AGENT DIRECTLY TO BOOK YOUR PRIVATE VIEWING**
Houses that instantly feel like home are hard to come by, but this lovingly renovated home emanates immediate allure. Internally the home has undergone a complete makeover, enabling you to simply move in and enjoy the finished product positioned on a beautifully landscaped, easy care block giving you time to enjoy the outstanding lifestyle location.
A fresh natural palette includes original polished wood floors reflecting the natural light and gorgeous sunsets that pour in through the living room windows creating a warm and bright ambiance. Connected to the dining and elegant kitchen with stone-look island bench and stainless-steel appliances, this space is the heart of the property where you can enjoy quiet home-cooked meals or family time. Away from the action are three generous bedrooms serviced by a stylishly fitted skylit bathroom with floor to ceiling tiles and there’s a handy study nook positioned off the kitchen with built in cabinetry for those who need to work from home.
The large front yard is sheltered by high fences to create welcome privacy whilst the spacious rear yard begins with an expansive undercover deck perfect for BBQs and large social gatherings. The deck overlooks a fabulous patio that that catches the morning and afternoon sun and a manicured garden space featuring an enviable child and pet friendly lawn and vegetable beds which are lush with kitchen garden favourites.
Ducted heating ensures the home remains cozy in the winter, and the split system keeps the heat away in the warm summer months. Additional highlights include two garden/storage sheds, under-house storage, continuous hot water service, new ceiling insulation, off-street parking and drive through gates to the rear (fully lockable) ideal for tradie vehicles.
Ideally located off Glenfern Road providing easy access to Burwood Highway and Eastlink, Wellington Road, Burrinja Cultural Centre, a plethora of schools and the #699 bus a short walk away – the location is the ideal setting for families. You can also embrace all the lifestyle benefits of this wonderful location knowing you are minutes from great restaurants and cafes, galleries, cinema, National Parks and walking trails. Don’t delay. Enquire today.
CALL TO ARRANGE A PRIVATE INSPECTION TODAY!
Jarrod Peterson 0409 408 544 or Bryce McLean 0432 050 958
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.