Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Gisborne › Mount Gisborne Rd

12 Mount Gisborne Rd, Gisborne VIC 3437

For saleHouse for Sale

$1,350,000–$1,450,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

2,503 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,350,000–$1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,350,000–$1,450,000(Listing record · 11 Feb 2026)
  • FactLand 2,503 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% above the Gisborne median recorded sale ($970,000, n=144, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gisborne's advertised median rent ($642/wk), implied gross yield would be 2.47% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,350,000–$1,450,000

Asking range · $539/m² of land

No recorded sale for this property.

Gisborne at a glance

11,514

People

$970,000

Median sale

$642/wk

Median rent

3.44%

Suburb gross yield

Median sale from 144 recorded sales (last 12 months) — a Districts calculation.

See the full Gisborne report →

Vs Gisborne

+39.2%

Median sale

Suburb $970,000

-0.97 pp

Gross yield

Suburb 3.44%

Suburb median $970,000 from 144 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,350,000
Stamp Duty (Victoria)
$74,250
Transfer/Registration Fee
$3,263
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
$1,431,213

$81,213 on top of the price (6.0% 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Gisborne's advertised median rent — not a rent for this listing.

Net yield
0.97%
Annual cashflow (pre-tax)
$-57,066
Interest cover (DSCR)
0.19
Annual rent
$33,384
Operating expenses
$20,250
Loan amount
$1,080,000
Annual interest
$70,200
Gross yield
2.47%

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$1,350,000–$1,450,000available11 Feb 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?

Confidence: low

No advertised rent is recorded. Suburb median rent $642/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 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

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • 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 in one glance

Gisborne at a glance

11,514

People

$970,000

Median sale

$642/wk

Median rent

3.44%

Suburb gross yield

Median sale from 144 recorded sales (last 12 months) — a Districts calculation.

See the full Gisborne report →

Keep researching

  • Why Gisborne? Read the area thesis →
  • What else is on the market in Gisborne →
  • Other records on Mount Gisborne Rd →

Listing material

Listed by Woodards Macedon Ranges

Exquisite Family Home of Rare Grandeur, with Pool

Tucked behind a thickset hedge and introduced by a glorious formal front garden of high-stemmed roses, magnolias, and lush Palmetto soft leaf lawn, this tightly held family residence unfolds across 2,503m² (approx.). Held for 25 years and presented in pristine condition, the home immediately signals prestige, privacy, and executive-calibre living, with poolside entertaining.

A wraparound veranda with intricate fretwork and decorative newels sets a distinguished tone, reflecting Victorian-era influences expressed with restraint. Inside, the home reveals 2.7m ceilings adorned with rosettes, ornate architraves, and a series of corbelled archways that guide the eye through its gracious interiors. An elegant lounge features inbuilt cabinetry and a 6-star energy-rated gas log fireplace, flowing to a formal dining room crowned by a raised tray ceiling and a classic bauble chandelier.

At the heart of the home, the kitchen is both character-rich and highly functional, illuminated by a skylight and appointed with timber benchtops sourced from the Wombat State Forest. White panelled soft-close cabinetry and drawers are paired with beautiful tapware and a filtered water stream, alongside premium appliances including a NEFF oven, NEFF steamer oven, 5-zone cooktop, QASAIR rangehood, and a Miele dishwasher. Adjoining meals opens to the north-facing veranda, offering a relaxed connection to the outdoors.

Read the full description

To the rear, an expansive living area with wood-fuelled heater extends via French doors to a welcoming outdoor entertaining zone finished with tumble-brick pavers, ideal for gatherings large or small. Beyond, the grounds rise gently to reveal true poolside panache, where a salt-chlorinated, solar-heated pool is complemented by a cabana with decking, exterior ceiling fan, lighting, and a fire pit, creating a destination in its own right.

The backyard offers space for basketball, a game of soccer, or quiet moments immersed in nature, with abundant birdlife including King Parrots, cockatoos both white and black, starlings, finches, and kookaburras. A resident blue tongue lizard is a familiar visitor, while established landscaping features silver birch, apple, and pear trees.

Accommodation is generous and flexible. The main bedroom includes a sitting area beside a gorgeous bay window, a fitted walk-in robe, and an ensuite with twin vanity. Three additional robed bedrooms are complemented by a central bathroom with shower and clawfoot bath, plus a powder room. One bedroom is accessed via double doors, offering an ideal home office option, while an inbuilt study nook within the living area provides further work-from-home flexibility.

A dual carriageway adds significant future potential, whether for construction of a substantial shed or dual occupancy options (STCA). Existing infrastructure is excellent, including a remote-controlled double garage with rear roller door opening to an extended driveway, and a 2nd garage/shed measuring 10m x 8m, equipped with 15-amp power and 3-phase readiness.

Additional inclusions comprise zoned ducted heating, ceiling fans, quality drapes and pelmets, ducted vacuum, full irrigation, walk-in storage, R6 insulation, and 12,500-litre capacity water tanks.

Positioned for convenience, the property is within strolling distance of the 73 bus stop with services to Gisborne Station, zoned for Gisborne Secondary College, and close to Gisborne and St Brigid’s primary schools, childcare centres, and a comfortable 20-minute walk to Gisborne’s cafés, parks, and town centre.

Listing description written by Matthew Makin, Woodards Macedon Ranges — reproduced as published, not verified by Districts.

Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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