3 Acacia Avenue, Upwey VIC 3158

5-bed family home on flat sun-drenched block | dual living potential with study/6th bed | substantial shed with three-phase power | within top school catchment This property presents a competitively strong offering for a growing or multigenerational family, given its rare configuration of dual living spaces across two levels and its substantial, usable land parcel. The flat, sun-drenched 1063m² block with a 23% building coverage is a significant advantage in this terrain, offering immediate utility and future flexibility, further enhanced by the substantial garden shed with three-phase power-a notable asset for trades, a home business, or serious hobbyists. The effective floor plan, with a main bedroom and convertible study downstairs, serves buyers seeking separation for teenagers, extended family, or a home office, while the upstairs rumpus and balcony capitalise on the backyard aspect. Its position within the Upwey Primary and High School catchments solidifies its core market to education-focused families. Proceed with the understanding that the significant divergence between the $1.05–1.15M asking price and the $861,000 automated estimate represents a material pricing risk, likely reflecting either outdated valuation data or the premium demanded for the property’s specific configuration and land attributes which automated models undervalue. The detected bushfire overlay necessitates specific insurance enquiries and may incur compliance costs, a non-negotiable due diligence step. For a buyer, the commercial logic lies in securing a property with inherent subdivision potential or dual-income capability, given the lot size and dwelling size. Acquire this property only if your valuation, informed by recent comparable sales, justifies a premium for its functional layout and land utility; otherwise, the asking range is unsustainable. It is a long-term family hold, not a short-term arbitrage.