Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › New Gisborne › Station Rd

196 Station Rd, New Gisborne VIC 3438

House

$710,000

Last sold

11 Oct 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

784 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $710,000 (11 Oct 2024).(Recorded sale)
  • FactLand 784 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in New Gisborne (last 5 years) with land size: median $978/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD (TRZ3) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

What this lot has actually traded at

Last sold

$710,000

11 Oct 2024 · 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.

See the full New Gisborne report →

Vs New Gisborne

-15.0%

Median sale

Suburb $835,000

+0.70 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 and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD

TRZ3

Jurisdiction

Macedon Ranges

Macedon Ranges, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 5219882

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. Sold$710,00011 Oct 2024
  2. Listedprice unknowncompleted16 Sept 2024
  3. Listedprice unknowncompleted16 Sept 2024

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?

Confidence: medium

Zoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 797 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.

What could kill that thesis?

Confidence: low

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 797 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2. This overlay can reduce what the land size appears to promise. 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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (ZN). Official parcel area about 797 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

    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?

    Knownlow

    Official parcel about 797 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 2. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

New Gisborne in one glance

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.

See the full New Gisborne report →

Keep researching

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

Listing material

Listed by ConnectRealEstate Agency

ESTABLISHED FAMILY HOME ON 784m2 CLOSE TO TRAIN STATION AND EASY FREEWAY ACCESS

Whether you're a first-time buyer, investor or downsizer seeking unparalleled convenience, this charming family home offers an outstanding opportunity to enjoy the sought-after New Gisborne lifestyle. Perfectly positioned within walking distance to local amenities, including the Gisborne Train Station, primary schools, medical and dental centres, Baringo Food & Wine and various parks and recreational facilities, this property provides easy access to everything you need. Having received multiple updates over the years, this home is move-in ready yet still offers potential for further personalisation to suit your evolving needs. Featuring 3- bedrooms, 1 spaciously updated bathroom and 2 separate, generously sized living areas, this home caters to a variety of lifestyle requirements. The formal lounge is drenched in natural light and features a cosy combustion fire, creating a warm and inviting atmosphere. The updated central galley kitchen is complemented by a bright, sunlit meals area. To the rear of the property, you'll find a massive rumpus room, perfect for a growing family or those who love to entertain, with views over the expansive outdoor entertaining space. The large pergola creates an ideal outdoor dining and relaxation zone, while the raised timber sun deck and BBQ area adds a resort-style touch, overlooking the well-maintained backyard. The property also includes a single lock-up shed, with ample off-street parking and privacy provided by large, mature hedging at the front of the block, along with service road access. Ducted heating and evaporative cooling ensure year-round comfort. The attractive and low-maintenance landscaping offers a neat and tidy finish to this property, making it a perfect fit for those seeking regional Victoria's laid-back lifestyle. With easy access to the Calder Freeway, it's an ideal location for commuters to Melbourne or Bendigo.

Listing description written by Helen Sankey, ConnectRealEstate Agency — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ducted Heating
  • Living Areas: 1
  • Workshop
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.