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.
$1,150,000–$1,250,000
For sale
Asking range
$1,110,000
Last sold
22 Nov 2023
4
Bedrooms
3
Bathrooms
3
Car spaces
1,640 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
Asking
$1,150,000–$1,250,000
Asking range · $701/m² of land
Last recorded sale $1,110,000 (22 Nov 2023).
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+32.2%
Median sale
Suburb $870,000
-0.86 pp
Gross yield
Suburb 3.53%
Suburb median $870,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$69,745 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Upwey's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
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 MontroseFresh eggs gathered before breakfast, herbs picked from the garden for dinner, and evenings spent watching the setting sun wash the valley in gold from the multi-level deck. Wrapped in the warmth and character of a classic cedar-style home, this hillside sanctuary carries an unmistakable mountain-cabin charm. Timber, treetop views and a deep connection to the landscape create a home that feels instantly welcoming, wonderfully authentic and blissfully removed from the pace of modern life.
Set amongst approximately 1,638m² of private gardens, it is a place shaped by family life and designed to evolve with it. Whether you're raising young children, accommodating teenagers seeking a little independence, welcoming extended family under one roof or simply craving room to breathe, the flexible floorplan adapts beautifully to every chapter. Comfortable, character-filled and entirely unpretentious, this is a home that invites you to kick off your shoes, slow down and stay awhile.
Inside, architectural character is evident at every turn. Raked ceilings, exposed timber beams, whitewashed walls and exposed brickwork create warmth and personality, while engineered flooring adds a contemporary touch. Designed to embrace its natural surroundings, the split-level layout captures leafy outlooks from almost every room and provides two distinct living zones that allow family members to come together or spread out with ease.
At the centre, the kitchen was made for entertaining. A generous island bench, farmhouse sink, 900mm Blanco cooker and servery window connecting directly to the deck make hosting effortless. Whether it's grazing platters with friends, long lunches that stretch into the afternoon or pizza nights with the family, the kitchen remains firmly connected to the action.
Glass doors extend both living areas onto a vast semi-covered entertaining deck, where festoon lights, an inbuilt natural gas BBQ and elevated treetop views create the feeling of a private retreat. A Jetmaster gas log fire brings ambience to the lounge, while a Jindara wood fire, built-in bar and wine rack make the family room the natural gathering place through the cooler months.
Privately positioned, the main bedroom enjoys welcome separation from the remaining accommodation and is complete with a walk-in robe and ensuite, creating a peaceful retreat at the end of the day.
Outside, the lifestyle offering becomes something truly special. A solar-heated pool with adjoining gazebo, outdoor shower and eight-person gas-heated indoor spa deliver a resort-like atmosphere, while a wood-fired pizza oven, firepit zones, terraced gardens, flat play spaces, vegetable beds and a thriving chook house add layers of fun, self-sufficiency and connection to the outdoors.
Adding another layer of flexibility, the lower-level fourth bedroom presents exciting potential to become a self-contained retreat with the addition of a kitchenette (STCA). With separate access and dedicated parking, it could easily cater for multi-generational living, guest accommodation, a home business, creative studio, Airbnb or supplementary income stream. Beyond this, there is scope for a 5m x 5m tiny home or cottage at the rear (STCA), creating yet another opportunity to tailor the property to your family's evolving needs.
At a Glance:
• Approx. 1,638sqm private hillside allotment in a quiet no-through road
• Split-level design capturing beautiful treetop outlooks
• Two separate living zones opening to outdoor entertaining areas
• Gourmet kitchen with island bench, farmhouse sink, 900mm Blanco cooker and servery window
• Lounge with Jetmaster gas log fire + family room with Jindara wood fire, built-in bar and wine rack
• Expansive semi-covered entertaining deck with inbuilt natural gas BBQ
• Privately zoned main bedroom with ensuite and walk-in robe separated from additional bedrooms
• Flexible fourth bedroom on lower level with self-contained conversion potential (STCA)
• Two additional bathrooms feature floor to ceiling tiles and rain showers
• Skylights throughout
• Solar-heated swimming pool with gazebo
• Eight-person gas-heated indoor spa
• Outdoor shower and powder room servicing pool area
• Wood fire pizza oven for entertaining, firepit zones, veggie beds and chook house
• Established low-maintenance gardens with mature trees, abundant birdlife and a genuine sense of seclusion
• Exceptional storage throughout the home, with ample space for growing families, hobbies, seasonal items and outdoor equipment
• Generous off-street parking with two separate driveways, providing flexibility and convenience
• Undercover parking for 3+ vehicles and space for caravans, boats, trailers and multiple vehicles
• Ducted heating and split system air conditioning
The Location:
• Enjoy easy access to the village atmosphere of Upwey, including cafes, restaurants, bakeries, IGA, post office, beauty services and everyday conveniences, while major shopping, dining and services in Ferntree Gully are just five minutes away
• Conveniently located close to quality schools, parks, sporting facilities, Tecoma, Belgrave, Puffing Billy and the many lifestyle attractions of the Dandenong Ranges, with the Yarra Valley approximately 30 minutes away
• Experience the best of both worlds – a peaceful country-style lifestyle surrounded by nature, while Melbourne’s CBD is approximately 35 minutes by car or around one hour by train to Flinders Street Station
Disclaimer: All information provided has been obtained from sources we believe to be accurate. We accept no liability for any errors or omissions (including but not limited to a property's land size, floorplans 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.
Victoria 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.