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Upwey
VIC, 3158 - Yarra Ranges

Thinking about buying in Upwey? Now could not be a better time, with 3043 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,152,000 with prices in this suburb ranging from $342,000 to $3,800,000. The aproximate distance to the coast is 22 Km.

Household Makeup

Median Weekly Rent $356.27
Median Monthly Mortgage $1951.55
Median Persons Per Bedroom 0.81
Average Household Size 3.00
Average Age 41.18
Average Income $914.00
Average Cars Per Dwelling 2.21
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $992,000
2 Bed  $787,000
3 Bed  $1,086,000
4 Bed  $1,329,000
5 Bed  $1,429,000
6 Bed+$1,513,000

Upwey Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Upwey driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Upwey ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Upwey provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Upwey requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Upwey we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Upwey a better buying opportunity than it may have been in the past.

Houses for sale Upwey

Fletchers 4 ROMA PDE, UPWEY, VIC, 3158 Beds3 Bathrooms2 Parking 4 Auction 7th December at 11:00am
Harcourts 56 MAST GULLY RD, UPWEY, VIC, 3158 Beds4 Bathrooms2 Parking 2 AUCTION
Ray White 35 EARL ST, UPWEY, VIC, 3158 Beds3 Bathrooms2 Parking 1 700000
Ray White 221 GLENFERN RD, UPWEY, VIC, 3158 Beds5 Bathrooms4 Parking 3 2600000
Ray White 27 DEANS RD, UPWEY, VIC, 3158 Beds5 Bathrooms2 Parking 3 850000

Local Schools

Upwey High School

Upwey South Primary School

Upwey Primary School

Tecoma Primary School

Ferny Creek Primary School

Upper Ferntree Gully Primary School

Belgrave Heights Christian School

St Thomas More's School

Mater Christi College

St Joseph's College

(While the above schools are located with the suburb of Upwey there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Upwey weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

TecomaUpper Ferntree GullyBelgraveBelgrave HeightsTremontFerny CreekSherbrookeLysterfieldSelbyBelgrave South

Public Transport


General Points of Interest

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