Upwey, VIC 3158

Upwey, VIC 3158

Compare Part of Yarra Ranges

33.92 km
Distance from CBD
7 k
Population

Auction Times

Sat 9 Nov
 Auction Time Agency
27 Deans Road
5 2 3 House
10:00 AM
Sat 9th Nov		 Ray White
Median Sale Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$392,000
 0.0% $175,000 $804,000 144
2010
$423,000
 +7.3% $286,000 $950,000 118
2011
$420,000
 -0.7% $222,000 $930,000 99
2012
$440,000
 +4.5% $245,000 $880,000 90
2013
$431,000
 -2.1% $203,000 $981,000 165
2014
$475,975
 +9.4% $215,000 $1,310,000 119
2015
$517,250
 +8.0% $328,000 $1,183,223 96
2016
$597,500
 +13.4% $350,000 $1,540,000 103
2017
$685,000
 +12.8% $350,000 $1,340,000 104
2018
$720,000
 +4.9% $250,000 $1,150,000 89
2019
$718,000
 -0.3% $410,000 $1,500,000 100
2020
$775,000
 +7.4% $390,000 $1,430,000 67
2021
$933,000
 +16.9% $600,000 $1,560,000 99
2022
$895,000
 -4.2% $457,000 $1,760,000 72
2023
$900,000
 +0.6% $505,000 $1,770,000 82
2024
$870,000
 -3.4% $565,000 $1,972,000 70
Median Sale Price
$890K
Based on 90 recorded sales within the last 12 months
Updated on 1 Nov 2024
Suburb Growth
+2.8%
Current Median Price: $890,000
Previous Median Price: $865,000
Based on 163 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$370
 0.0% $220 $500 38
2012
$360
 -2.8% $195 $510 43
2013
$370
 +2.7% $210 $610 65
2014
$440
 +15.9% $220 $620 42
2015
$400
 -10.0% $250 $630 49
2016
$410
 +2.4% $220 $650 51
2017
$440
 +6.8% $330 $650 39
2018
$440
 0.0% $340 $1,652 31
2019
$450
 +2.2% $300 $600 34
2020
$430
 -4.7% $360 $685 21
2021
$480
 +10.4% $380 $700 26
2022
$595
 +19.3% $385 $850 40
2023
$575
 -3.5% $350 $695 25
2024
$625
 +8.0% $450 $1,350 24
Median Rent Price
$610
per week
Based on 25 recorded rent within the last 12 months
Updated on 1 Nov 2024
Rent Price Growth
+3.3%
Current Median Rent: $610
Previous Median Rent: $590
Based on 56 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $890,000
Current Median rent: $610
Based on 115 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)

Auction Results For Upwey

Houses sold in Last 12 months ends 26 Oct 2024

$980K

Median Sale Price

50%

Clearance Rate

3/6

Sold/Reported

$980K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)		 1

Schools closest to Upwey, VIC 3158

School name Address Type Sector Distance
Upwey Primary School 15 DARLING AVENUEUpwey 3158 Primary Government 0.32 km
Upwey High School 1451 BURWOOD HIGHWAYUpwey 3158 Secondary Government 0.46 km
Upwey South Primary School 91 MORRIS ROADUpwey 3158 Primary Government 1.22 km
Tecoma Primary School 1536 BURWOOD HIGHWAYTecoma 3160 Primary Government 1.46 km
Upper Ferntree Gully Primary School TALASKIA ROADUpper Ferntree Gully 3156 Primary Government 1.54 km
Ferny Creek Primary School SCHOOL ROADFerny Creek 3786 Primary Government 2.13 km
Belgrave Heights Christian School 20 WATTLE VALLEY ROADBelgrave Heights 3160 Combined Independent 2.35 km