Upwey vs Belgrave.
Comparing two suburbs with median house prices of $895,000 and $760,000. Belgrave edges out on more headline metrics in this comparison.
Belgrave (median $760,000) is roughly 18% cheaper to buy into than Upwey ($895,000).
Belgrave scores higher on walkability (4/100 vs 92/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Belgrave (1072) sits above Upwey (1067).
For buyers
Belgrave is the lower entry point at $760,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Belgrave offers the higher gross rental yield (2.57% vs 2.27%), favouring cash-flow investors.
For families
Belgrave edges out on average school ICSEA (1072 vs 1067).
Common questions
Is Upwey or Belgrave cheaper to buy in?
Belgrave has the lower median house price at $760,000, roughly 18% below Upwey ($895,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Upwey or Belgrave have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Belgrave scores 1072 vs 1067 in Upwey. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Upwey or Belgrave?
Belgrave scores 92/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Upwey or Belgrave?
Gross rental yield on houses is 2.57% in Belgrave vs 2.27% in Upwey. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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