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.
$760,000
Last sold
16 May 2018
3
Bedrooms
1
Bathrooms
2
Car spaces
1,301 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
$760,000
16 May 2018 · 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
-12.6%
Median sale
Suburb $870,000
+0.51 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 MontroseThis stunning home situated on a flat and useable 1,301m2 parcel of land with a huge fully fenced rear yard and entertainers deck is newly renovated and ready for those looking for a low maintenance and modern lifestyle.
Upon entering the home, polished timber floorboards guide you through to the large open lounge / living zone and through to the updated kitchen & dining area. An abundance of natural light filters through to all living zones meaning there is no shortage of places to sit and relax. The centrally located kitchen complete with dishwasher, gas cooking, stylish splashback plus caesarstone benchtops with a convenient breakfast bar making meals and entertaining a breeze while overlooking the rear entertaining zones.
With three decent sized bedrooms all fitted with new carpets and blinds and two with built-in robes plus a modern main bathroom featuring an open shower and separate bath, with adjoining WC, there is plenty of space and privacy for all members of the family.
The huge rear decking zone is partially covered and comes complete with lights and ceiling fans and is the perfect spot for entertaining or simply enjoying the peace and serenity while watching the kids or family pets run wild in the fully fenced backyard. With the added convenience of a swinging gate that can close off either the yard space or the decking area, entertaining and security is also a breeze.
This beautifully designed and modern home is also well appointed with downlights, ducted heating and a split system air conditioner making the home comfortable all year round. With manicured low maintenance gardens, double open garage and workshop space with inbult shelving & power points plus an abundance of off-street parking meaning room to store all the family cars plus boats or caravans. Finished with a near new rendered exterior, no further work is needed and an inspection is highly recommended to see the full potential of what is on offer here.
All written offers will be submitted to the vendors on Wednesday 16th May at 7:30pm.
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.