38 Alexander Avenue, Upwey VIC 3158
38 Alexander Avenue, Upwey VIC 3158
Spacious 1,181m² block | 4-bed family house | 2-car parking | Established Upwey appeal. This four-bedroom house on a 1,181m² block suits families prioritizing generous land for gardens or future extensions in a leafy setting. The oversized lot sets it apart on its avenue, offering practical space for self-sufficient living amid mature trees and low-density surrounds. In a street of mostly similar-era homes, its scale provides a subtle edge for buyers eyeing long-term holding. Families drawn to Upwey’s quiet ridges often seek these larger parcels for kids’ play areas or home workshops, bypassing tighter urban lots. Comparable properties here hold steady value, with land size driving appeal over cosmetic updates in a market favoring originals. Its positioning supports versatile use, from immediate occupancy to subdivision potential under local zoning norms. Over time, the block’s proportions ensure resilience against density shifts, attracting downsizers or investors alike. While modest in bathrooms, the core layout aligns with enduring demand for functional family homes. This combination underpins reliable market performance for holdings like it.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Alexander Avenue, Upwey VIC 3158
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
!
1
Insight: Upwey VIC 3158
Upwey is a leafy Dandenong Ranges suburb attracting families seeking a nature-oriented lifestyle. Housing demand is driven by owner-occupiers seeking larger homes and tranquil surroundings. Property prices have grown steadily as buyers move further east from Melbourne. Rail connectivity to the CBD supports commuter demand.
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
1,181m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst