Current Market Valuation
Estimated market value: $856,000 - $938,000
Notes: Estimated based on recent median house sale prices in Upwey over the last 12 months. Realestate.com.au median: $856,000 , YIP median: $866,250 , REIV median: $938,000 . A professional property appraisal is recommended for a precise valuation.
Purchase History
January 20, 2003 - $275,000
July 31, 1989 - $131,500
Property Details
Type:
House
Bedrooms:
Bathrooms:
Land (sqm):
1197
Car/Garage:
Unknown
Estimated weekly rent:
$650 - $735
Estimated based on median rental data for houses in Upwey. Realestate.com.au estimated for 414 Glenfern Road: $735 . Suburb median rent: $650 [5, 6, 7, 16].
Rental vacancy rate:
2.4% (for houses in Upwey as of January 2024).
Council rate:
Not publicly available, requires direct inquiry.
Water rate:
Not publicly available, requires direct inquiry.
Strata fee:
Not applicable for a standalone house.
Home and content insurance price:
Requires specific quote, not publicly available.
Zoning Information
LGA:
Yarra Ranges Council
Zoning:
Likely Low Density Residential Zone (LDRZ) or Green Wedge Zone (GWZ2), but requires confirmation via VicPlan.
Bushfire:
Yes (Upwey is in a bushfire risk area).
Flood:
Unconfirmed (general area risk mentioned for overlays, specific to property requires inquiry).
Heritage:
Unconfirmed (general area information, specific to property requires inquiry).
Potential Developments in the Area
State Government:
No specific state government developments identified for Upwey in public records.
Local Government:
Yarra Ranges Council is developing the Upwey Town Centre Masterplan, focusing on improvements to public areas, landscaping, footpaths, accessibility, street furniture, lighting, drainage, bike facilities, gathering spaces, and parking/traffic flow.
The Masterplan also includes specific projects for Flooding Mitigation and Road Safety Improvement.
Location 414 Glenfern Road, Upwey VIC, Australia
What's Nearby
Education
Transportation
Upwey Railway Station - Train (Belgrave line)
Suburb Performance
Median Price History
Upwey has experienced a recent decline in median house prices but still maintains a healthy rental yield.
Last 12 Months | $856,000 - $938,000
12-Month Growth Insight
Houses in Upwey have experienced a negative capital growth of -7.0% to -7.4% over the past 12 months. [5, 6, 7]
Average days on market for houses is 17 days. [5, 7, 8]
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