6-8 Main StreetUpwey VIC 3158
Property Details for 6-8 Main St, Upwey
Last Listing description (July 2017)
A rare opportunity for an astute investor to purchase this outstanding property with a long term tenant who are well established in the area and are currently in the 2nd year of a 5year term with a further 5year option and currently returning over $21,000.00 per annum plus outgoings.
Located on the Main Street of Upwey with an abundance of foot traffic and measuring just over 100m2 of floor space and approximately 250m2 of land and also incorporates an internal toilet and kitchenette plus rear access and parking.
For more information contact the agent.
Property History for 6-8 Main St, Upwey, VIC 3158
- 22 May 2017Sold for $425,000
- 19 May 2017Listed for Sale Price by Negotiation $450,000 - $495,000
- 17 Nov 2014Listed for Rent $450 / year
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0About Upwey 3158
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 2016 was 6652 people. By 2021 the population was 6818 showing a population growth of 2.5% 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 2021, 88.60% of the homes in Upwey were owner-occupied compared with 88.10% in 2016.
Upwey has 2,802 properties. Over the last 5 years, Houses in Upwey have seen a 15.41% increase in median value, while Units have seen a 37.41% increase. As at 30 April 2026:
- The median value for Houses in Upwey is $968,660 while the median value for Units is $670,600.
- Houses have a median rent of $745 while Units have a median rent of $383.
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