FOR SALE
UNDER CONTRACT

27 Mast Gully Road
Upwey VIC 3158

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Land area: 1103m2
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Enchanting Creek Setting with Endless Opportunity

Enchanting from the outset with a wealth of versatility, this 2-bedroom home plus self-contained studio in a prized locale presents a compelling opportunity for those after a serene yet connected retreat. Separated by a bridge over melodic Mast Gully Creek in a private and serene setting, the two separate dwellings will excite mutigenerational couples looking for somewhere to house the grandparents, downsizers who still need to cater for adult children, retirees looking for a home base with space for the caravan/boat or investors who see the potential income returns of multiple tenants. The property would also suit those looking for a home business space with ample, accessible parking. Alternatively, embrace the magical setting and extend the current home or start again with a rebuild (STCA).
The main house rises at the rear of the block with an easterly outlook that attracts glorious morning sun. Open plan, the skylit living/meals/kitchen is complemented by two spacious bedrooms, one a master with modern ensuite, whilst the second bedroom opens to the rear alfresco decking. A chic bathroom/laundry combines to maximise space and there’s split system air-conditioning for year-round comfort. Freshly painted with new timber laminate flooring, and soaring raked ceilings, the home is a bright and airy domain with loads of natural light.
Additional to the main house, the property includes a charming Colorbond studio at the front of the property that is fully set up for multigenerational families, guest accommodation or Airbnb. Featuring a well-appointed kitchen and open plan bedroom/living/meals plus a bathroom/laundry this versatile space also lends itself to a music/art studio, a home office or home business space. Alternatively, rent the studio out to provide additional income.
Just a 10-minute amble to the vibrant Upwey main street where you will find eateries, boutiques, IGA, salons and other amenities, you are also walking distance to Upwey Primary and Secondary schools plus train station with rail and bus connections to the CBD and beyond.
At a Glance:
• 2 bedroom, 2 bathroom home plus self-contained studio on 1103sqm approx.
• Enchanting and private setting with a bridge in the driveway that crosses Mast Gully Creek.
• Split system air-conditioning for seasonal comfort in the house plus air-conditioning and electric heating in the studio.
• Abundant off-street parking.
• Walk to Upwey shops, station and schools.
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Property Details for 27 Mast Gully Rd, Upwey

27 Mast Gully Rd, Upwey is a 3 bedroom, 3 bathroom House. The property has a land size of 1103m2. The place is currently for sale with Bell Real Estate - Montrose.

Building Type
House
Land Size
1103m2

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About Upwey 3158

The size of Upwey is approximately 6.2 square kilometres. It has 12 parks covering nearly 14.8% of total area. The population of Upwey in 2011 was 6,963 people. By 2016 the population was 6,648 showing a population decline of 4.5% in the area during that time. The predominant age group in Upwey is 40-49 years. Households in Upwey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upwey work in a professional occupation. In 2011, 87.2% of the homes in Upwey were owner-occupied compared with 88.1% in 2016.

Upwey has 2,784 properties. Over the last 5 years, Houses in Upwey have seen a 36.52% increase in median value, while Units have seen a 27.27% increase. As at 31 August 2024:

  • The median value for Houses in Upwey is $897,479 while the median value for Units is $620,414.
  • Houses have a median rent of $620 while Units have a median rent of $383.
There are currently 18 properties listed for sale, and 2 properties listed for rent in Upwey on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Upwey.

Suburb Insights for Upwey 3158

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Ryan Bell
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Georgia Spencer
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Bell Real Estate - Montrose
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.