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VIC › Gisborne South › Namnan Way

10 Namnan Way, Gisborne South VIC 3437

For saleHouse

$1,999,000

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

4,520 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,999,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,999,000(Listing record · 2 May 2026)
  • CalculationLand 4,520 m² against a 310 m² dwelling — the land is most of what is being bought.(Districts calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,999,000

Asking · $442/m² of land

No recorded sale for this property.

Gisborne South at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Gisborne South report →

Total cost to purchase

Purchase Price
$1,999,000
Stamp Duty (Victoria)
$109,945
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,116,259

$117,259 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,999,000available2 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

0 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gisborne South in one glance

Gisborne South at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Gisborne South report →

Keep researching

  • Why Gisborne South? Read the area thesis →
  • What else is on the market in Gisborne South →
  • Other records on Namnan Way →

Listing material

Listed by For Sale By Owner

VICTORIAN COUNTRY STYLE HOMESTEAD IN THE MACEDON RANGES

The Phone Code for this property is: 95231. Please quote this number when phoning or texting.

Nestled in the serene countryside of Gisborne South, Victoria, this magnificent family abode epitomizes the epitome of country living at its finest. Boasting an enviable array of features, this sprawling estate offers a peaceful retreat from the hustle and bustle of city life while maintaining an unparalleled level of convenience. Situated just a mere 44km from the vibrant heart of Melbourne CBD and a quick 30-minute jaunt to Tullamarine Airport, this property strikes the perfect balance between rural tranquility and urban accessibility, promising a lifestyle that is as idyllic as it is practical.

As you step foot into this charming residence, prepare to be enchanted by the timeless elegance that awaits. The grand proportions and period charm exude a sense of sophistication that is sure to captivate even the most discerning of tastes. With an impressive 11 ft ceiling height, timber windows that flood the interiors with natural light, and polished floors that gleam underfoot, every corner of this home is a testament to impeccable craftsmanship and attention to detail.

Read the full description

The allure of this property doesn't stop there. From high skirting and decorative ceiling roses that add a touch of opulence to the formal lounge and dining areas, to the versatile large rumpus room that can easily transform into a fifth bedroom, this home offers a seamless blend of luxury and functionality. With three distinct living zones to accommodate every family member's needs, open fireplaces to create a cozy ambiance, and modern comforts such as split system air conditioning and ducted heating to ensure year-round comfort, this residence truly has it all.

For those in need of extra storage space, the roof storage provides a practical solution, while the large shed with 3-phase power and a mezzanine floor offers endless possibilities for hobbyists and DIY enthusiasts alike. The property also features a charming treehouse, perfect for the little ones to explore and let their imaginations run wild.

Outside, the expansive grounds are a paradise waiting to be discovered. With a chook shed, dog run, vegetable garden, and fruit trees dotting the landscape, the possibilities are endless. There is ample space for a pool, tennis court, or basketball court, making this the ultimate entertainer's delight. The outdoor area is ideal for family gatherings and alfresco dining, providing the perfect setting for creating lasting memories with loved ones.

Additional highlights include walk-in robes, a walk-in pantry, and a large storage room for added convenience. A 40ft storage container offers even more storage options, ensuring that everything has its place. The property is serviced by both tank water and community bore water, providing a sustainable water source for the lush gardens and grounds.

Located in close proximity to schools in Sunbury and Gisborne, with a bus stop at the end of the street, this home offers the perfect blend of convenience and tranquility. The beautiful rose garden, proteas, and fruit trees add a splash of colour and fragrance to the well-maintained gardens, creating a picturesque setting that is sure to delight.

With an Ilve oven, Bosch dishwasher, and a fenced backyard completing the picture, this property is a rare find that offers the best of both worlds - a peaceful rural retreat with all the modern conveniences at your fingertips. Don't miss this opportunity to make this exquisite residence your own and start living the life you've always dreamed of.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Grey Water System
  • Shed
  • Water Tank

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  • 96 Couangalt Rd, Gisborne South VIC 3437

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.