Upwey Suburb Profile

Victoria 3158

Upwey has 2,792 properties. Over the last 5 years, Houses in Upwey have seen a 25.77% increase in median value, while Units have seen a 25.52% increase. As at 30 November 2024:

• The median value for Houses in Upwey is $888,492 while the median value for Units is $618,054.
• Houses have a median rent of $650 while Units have a median rent of $383.

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.