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VIC › Upwey › Belbrook Rd

31-33 Belbrook Rd, Upwey VIC 3158

For saleHouse

$900,000–$990,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

5

Car spaces

2,044 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000–$990,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000–$990,000(Listing record · 12 Aug 2026)
  • FactLand 2,044 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Upwey (last 5 years) with land size: median $810/m² of land (n=100). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 3% above the Upwey median recorded sale ($870,000, n=66, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Upwey's advertised median rent ($590/wk), implied gross yield would be 3.41% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$900,000–$990,000

Asking range · $440/m² of land

No recorded sale for this property.

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.

See the full Upwey report →

Vs Upwey

+3.4%

Median sale

Suburb $870,000

-0.12 pp

Gross yield

Suburb 3.53%

Suburb median $870,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$900,000
Stamp Duty (Victoria)
$49,070
Transfer/Registration Fee
$2,210
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$954,980

$54,980 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
1.91%
Annual cashflow (pre-tax)
$-29,620
Interest cover (DSCR)
0.37
Annual rent
$30,680
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.41%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$900,000–$990,000available12 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Upwey in one glance

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.

See the full Upwey report →

Keep researching

  • Why Upwey? Read the area thesis →
  • What else is on the market in Upwey →
  • Other records on Belbrook Rd →

Listing material

Listed by Chandler & Co Real Estate

Space, Privacy & Hills Living on Over Half an Acre

Set among the natural beauty of Upwey on a generous 2,044sqm allotment, 31-33 Belbrook Road offers a spacious and versatile family home with four bedrooms, multiple living and dining zones, expansive outdoor entertaining and plenty of room to enjoy the peaceful surrounds.

Designed across two levels, the home provides excellent flexibility for families of all stages. The ground floor features a large, light filled lounge with generous proportions and an easy connection to the dining area and central kitchen. The kitchen offers excellent storage, gas cooktop, SS appliances and plenty of bench space, while an adjoining meals area creates another relaxed space for everyday dining.

Also positioned on the ground floor is a huge fourth bedroom with built-in robes, ideal for guests, teenagers or those seeking a bedroom away from the main sleeping zone. A separate WC and bathroom with combined laundry and shower add further practicality to the layout and ducted heating to provide warmth for those winter months.

Read the full description

Upstairs, three well sized bedrooms all include built-in robes, including the spacious main bedroom complete with huge walk-in robe and study nook which could be converted into an ensuite (STCA). The family bathroom features a shower and double vanity and separate toilet as an added convenience.

One of the home's standout features is the expansive outdoor entertaining area. A large deck wraps around the rear and side of the home, incorporating a covered section perfect for year round entertaining while overlooking the beautiful treed surroundings. Whether hosting family and friends, enjoying a quiet morning coffee or simply taking in the peaceful setting, there is an abundance of outdoor space to enjoy.

The 2,044sqm block provides a wonderful sense of space and privacy, with established gardens and open lawn areas creating a true Hills atmosphere. A large double carport plus 3 additional off street parking spots perfect for any boat, caravan or trailer. Additional storage with a 5m x 4m shed, solar panels and a sealed driveway further enhance the practicality of the property.

With generous proportions, flexible accommodation and expansive outdoor entertaining, this is a home designed to make the most of its peaceful Hills setting. Offering space for families to grow, relax and entertain, 31-33 Belbrook Road presents a wonderful opportunity to enjoy the privacy, lifestyle and natural surrounds that make Upwey such a special place to call home.

Please note: Information provided has been obtained from sources believed to be accurate, however, we cannot guarantee information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, building age or condition).

Listing description written by Daniel Steen, Chandler & Co Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Living Areas: 2
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.