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.
VIC › Gisborne › Morrison Rd
4
Bedrooms
2
Bathrooms
2
Car spaces
757 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Gisborne (last 5 years) with land size have a median of $1,061/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Raine & Horne GisborneSet on a beautifully landscaped 757m² (approx.) corner allotment, this stunning four-bedroom, two-bathroom Boutique Homes residence delivers resort-style family living with impressive attention to detail and a sparkling mineral pool as the centrepiece.
A wide entry hallway with engineered hybrid oak floors and a striking leadlight chandelier sets the tone for the home's refined interior. The layout flows effortlessly past a plush carpeted lounge into expansive open-plan living and dining zones, where a vaulted square-set ceiling adds space and light.
At the heart of the home, the entertainer's kitchen blends style and function with stone surfaces, a farmhouse island sink, soft-close shaker cabinetry, ILVE double ovens, an induction cooktop, integrated fridge and freezer, and a dishwasher-all finished to an exceptional standard.
Indoor and outdoor living come together in the impressive alfresco space, where soaring ceilings mirror the internal architecture.
Composite decking leads to a resort-style mineral pool, framed by frameless glass fencing and surrounded by paving, manicured lawn, and mature magnolia trees. A fire pit area offers the perfect private spot for relaxed evenings with friends.
The main suite delivers a true sense of luxury with a walk-in robe and elegant ensuite featuring mosaic-tiled floors, a twin stone vanity, freestanding bath, and a frameless double shower with gold fixtures and textured matte tiling.
A separate bedroom wing houses three additional bedrooms with built-in robes, serviced by a beautifully finished family bathroom with kit-kat tiled niche shower, stone vanity, freestanding bath, and a separate powder room. A built-in study nook adds a smart solution for working or studying from home.
Other highlights include Actron zoned reverse-cycle heating and cooling, double-glazed windows, pure wool carpets in bedrooms and lounge, a stone-finished laundry, 9.6kW solar panel system, and a remote double garage with epoxy flooring. A second gated driveway provides extra off-street parking.
Just 2km (approx.) from Gisborne's vibrant town centre, and close to schools, childcare, parks, and freeway access, this home offers exceptional lifestyle appeal in a sought-after location.
Contact our team today!
*ID required upon inspection.
Disclaimer
Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.
Listing description written by Ken Grech, Raine & Horne Gisborne — reproduced as published, not verified by Districts.