105 Alexander Avenue Upwey VIC 3158
105 Alexander Avenue Upwey VIC 3158
1960s weatherboard | large 1057mΒ² bush block | tranquil forest setting | 2-bed, single-level layout
This property presents a rare, large parcel in a nature-immersed setting, offering a lifestyle sanctuary distinct from typical suburban offerings. Its low building coverage and significant land size provide both privacy and long-term utility, best serving a buyer seeking a quiet retreat or a future development opportunity, subject to council planning. The recent rental listing and sustained market interest signal fundamental demand for this character in Upwey.
The primary risk is the identified bushfire overlay, which carries tangible costs for construction, insurance, and future compliance. The 1960s build necessitates a thorough building inspection. The price positioning appears competitive against the estimated value, suggesting a logical entry point for a long-term hold. A PropCred report would precisely validate this valuation and detail the specific bushfire management requirements for informed decision-making.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Upwey is a family-oriented suburb in the Dandenong Ranges, characterised by its established housing stock and strong owner-occupier presence. Demand is driven by families and lifestyle buyers drawn to its natural setting and community atmosphere. The housing market demonstrates stable, moderate capital growth with houses selling quickly, supported by rising rental yields. Future growth is underpinned by its enduring appeal to owner-occupiers, though the unit market shows divergent, weaker performance.