OFF MARKET

1472 Burwood Highway
Upwey VIC 3158

Bedrooms: 3
Bathrooms: 1
Car spaces: 12
Floor area: 100m2
Land area: 1222m2
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Property Details for 1472 Burwood Hwy, Upwey

1472 Burwood Hwy, Upwey is a 3 bedroom, 1 bathroom House with 12 parking spaces and was built in 1940. The property has a land size of 1222m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1940
Floor Size
100m2
Land Size
1222m2
Local Government
Yarra Ranges
Lot/Plan
1/TP596662

Last Listing description (January 2020)

Attention Developers/Investors

Charming, character filled WB home on over 1221m2 of land within a short walk of Upwey shopping village, train station, primary & secondary schools and sporting facilities.

Offering enormous possibilities (STCA), there is plenty of scope to extend, or to use the existing side driveway to pursue dual occupancy development opportunities (STCA). Currently set up and approved as a medical centre consulting rooms there are solid investment opportunities as well.
The home retains period features including ceiling roses, picture rails, leadlight & decorative timber mantels over open fire places. Incorporating attractive formal lounge with bay window, central updated kitchen, large family room, 3 bedrooms, modern bathroom & laundry.
The huge rear garden is easily accessed via a solid concrete driveway with ample car parking. If you have a keen eye for the future, this one is definitely for you.

Property History for 1472 Burwood Hwy, Upwey, VIC 3158

A timeline of how this property has performed in the market
Last Sold
$675,000
08 Dec 2019
Listed for Rent
$616/w
22 Nov 2017
  • 08 Dec 2019
    Sold for $675,000
  • 06 Nov 2019
    Listed for Sale $675,000
  • 31 Aug 2017
    Listed for Rent $32,120 / year
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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 2,790 properties. Over the last 5 years, Houses in Upwey have seen a 27.90% increase in median value, while Units have seen a 28.09% increase. As at 31 October 2024:

  • The median value for Houses in Upwey is $883,650 while the median value for Units is $620,253.
  • Houses have a median rent of $600 while Units have a median rent of $383.
There are currently 28 properties listed for sale, and 6 properties listed for rent in Upwey on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Upwey.

Suburb Insights for Upwey 3158

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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.