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.
$531,000
Last sold
11 July 2023
0
Bedrooms
0
Bathrooms
0
Car spaces
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
$531,000
11 July 2023 · derived via latest_sale
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.
Vs Gisborne
-45.3%
Median sale
Suburb $970,000
+2.85 pp
Gross yield
Suburb 3.44%
Suburb median $970,000 from 144 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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. 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.
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 Bound Real Estate“Why we like the property” (agent perspective)
Situated in the Willow Estate freshly titled in an area with new quality properties being built, this up-and-coming estate has an unparalleled sense of community and an exciting flair and buzz to it. Boasting a generous lot size of 906m2, this enviable location will ensure you woo family and friends. The corner lot makes for supreme accessibility and fabulous for a boat, caravan or tradies/trailer access there are also plenty of open space with meandering parks and gardens being established within the Estate.
“What the property offers” (property perspective)
A spectacular corner allotment with all town services available, titled and ready to go. Build your dream home at Willow Estate, a brand-new community in the heart of Gisborne, the gateway to the spectacular Macedon Ranges. Located on the corner of the same road as ‘The Block’, these multi million-dollar homes are only a stones throw up the road and will undeniably draw attention and value to the immediate area.
“What you’ll love about the property” (vendor perspective)
We loved this block due to its size and corner position so as to have access to the back of the block once a home is built. There are new facilities going in and already here including the Willowbank Primary School, there’s also easy access to the Calder Freeway without needing to cut through the Township itself. We also loved the views we could achieve here and to be around other quality properties where our neighbours took pride in their homes are yards. Views of Mount Macedon and developer guidelines which set out the requirements of the project developer in order to maintain the quality and amenity of the estate for the benefit of all its residents.
The display homes at the start of the Estate really set the tone for a quality area. It’s an exciting opportunity for the new owners to take on.
Listing description written by Shantelle Cardwell-Smith, Bound Real Estate — reproduced as published, not verified by Districts.