New Gisborne at a glance
2,938
People
$835,000
Median sale
$642/wk
Median rent
4.00%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
VIC › New Gisborne › Saunders Rd
$2,820,000
Last sold
26 Sept 2025
4
Bedrooms
2
Bathrooms
0
Car spaces
40,700 m²
Land
Districts View
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
$2,820,000
26 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in New Gisborne (last 5 years) with land size have a median of $978/m² of land (n=63). Districts calculation from recorded sales — not a valuation.
New Gisborne at a glance
2,938
People
$835,000
Median sale
$642/wk
Median rent
4.00%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs New Gisborne
+237.7%
Median sale
Suburb $835,000
-2.82 pp
Gross yield
Suburb 4.00%
Suburb median $835,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
LOW DENSITY RESIDENTIAL ZONE
LDRZ
Jurisdiction
Macedon Ranges
Macedon Ranges, VIC
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
VICZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 6,082 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 6,082 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; DEVELOPMENT PLAN OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 6,082 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 6,082 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; DEVELOPMENT PLAN OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
New Gisborne at a glance
2,938
People
$835,000
Median sale
$642/wk
Median rent
4.00%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne GisborneOffered for the first time in over three decades, this is your opportunity to secure a premium parcel of land with enormous future upside in one of the Macedon Ranges' most desirable growth corridors.
Occupying a commanding 4.05 hectares (approx. 10 acres) and zoned Low Density Residential, this expansive property comes with an approved planning permit for the subdivision of six generous 6,000m² lifestyle allotments - an increasingly rare offering in today's market.
The existing north-facing, partially renovated four-bedroom homestead is set amongst mature gardens and captures spectacular views of the Macedon Ranges, including the iconic peak of Mount Macedon. Whether you're looking to develop, landbank, or create a signature rural lifestyle retreat, the potential here is vast.
Ideally positioned between the Gisborne and New Gisborne townships, this location offers all the benefits of a country lifestyle without compromising on urban convenience. The property is moments from renowned local amenities, including schools, dining, transport, and medical services, and enjoys seamless access to Melbourne CBD and airport.
Key Features:
• Approved Planning Permit for 6 x 6,000m² lifestyle allotments
• Total Land Size: 4.05 hectares (approx. 10 acres)
• Zoned: Low Density Residential (LDRZ)
• Existing Dwelling: 4-bedroom, north-facing homestead - renovated
• Prime Location: Strategically situated between Gisborne and New Gisborne townships
Outstanding Connectivity:
• 5 minutes to New Gisborne train station
• 5 minutes to Calder Freeway
• 25 minutes to Melbourne International Airport
• 45 minutes to Melbourne CBD
Close to Amenities:
• Schools (primary and secondary)
• Restaurants, cafés and major banks
• Medical centres and sporting facilities
• Gisborne Golf Club
Scenic Views to the peak of Mount Macedon, held by current owners for 36 years - first time offered in a generation
A rare opportunity to capitalise on Gisborne's strong demand for rural lifestyle living.
Contact our invested team today!
Listing description written by Ken Grech, Raine & Horne Gisborne — reproduced as published, not verified by Districts.