Upwey — Houses

BUY
VIC 3158 House Rank #20 of 263 in Melbourne
$1M
Median House Price · recent comparable sales
Demand-Driven Growth #20 of 263

Buyer competition is intense and properties sell quickly. Demand is outpacing available supply.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Demand-Driven Growth
DEMAND
128 buyers/listing
Strong
LIQUIDITY
16d DOM
Strong
AFFORDABILITY
-8.6% vs 5yr
Strong
GROWTH OUTLOOK
Strong
Strong
YIELD
4.0%
Neutral
SUPPLY PRESSURE
0.6% vacancy
Strong
#20/263 Strong Structure 85 $1M

Atlaso rates Upwey houses as BUY for capital growth. Vacancy is extremely tight at 0.61%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $1M, Upwey ranks #20 of 263 houses in Melbourne. The long-term structural outlook is Strong. Properties sell in just 16 days, reflecting urgent buyer demand.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Upwey Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+0.9%
Asking Prices (3mo)
-17.7%
Rents (12mo)
0.5%
Vacancy
41%
Fresh Stock (<30d)

House Asking Prices (12 months)

$998K

House Weekly Rents (12 months)

$611/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3158.

Suburb Profile

Upwey at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,171/wk
Median household
Median Age
41
Years
Mortgage Stress
21%
of income
Population Growth
+0.4%
vs state +2.2%
Ownership Mix
33.7% owned 53.4% mortgage 11.1% renting

Demographic Trends

Upwey Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Upwey Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Upwey a good suburb to invest in?
Atlaso rates Upwey as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Upwey and 46 Australian cities to generate this rating.
What is the median house price in Upwey?
The current median house price in Upwey, vic is $1M, with annual growth of +19.2%. Properties sell in approximately 16 days.
How fast do properties sell in Upwey?
Properties in Upwey sell in 16 days on average. The market is currently rated Strong. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Upwey?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Upwey's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Upwey?
The gross rental yield for houses in Upwey is 4.0%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).