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 › Stern Way
$802,000
Last sold
10 Mar 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
346 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
$802,000
10 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in New Gisborne (last 5 years) with land size have a median of $970/m² of land (n=64). 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
-4.0%
Median sale
Suburb $835,000
+0.16 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 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
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 Woodards Macedon RangesWith the health and well-being of our community being front of mind we have additional measures in place at all property inspections. Our COVID-19 conditions of entry are available for your viewing here: https://bit.ly/3qzaGHl
This is the perfect dream home in the perfect location, built by the highly respected "Quantum Homes", known for their quality finishes and eye for detail. Located in the converted "Baringo Village" estate, this three bedroom two bathroom cottage showcases the latest finishes and impressive living spaces. Soaring three meter ceilings provide an airy ambience over the open plan lounge and dining areas and stunning study nook with built in cabinetry. Well-equipped the modern kitchen with breakfast bar, Caesarstone bench top, double oak cabinets, stainless steel appliances and large walk in pantry makes entertaining a breeze, while a delightful alfresco area complements the home with an immaculately finished garden and designer blue stone paving. All bedrooms are brightly lit with built in craftsman finished sliding door robes, master with walk in robe and generous private ensuite with dual vanity basins and large built in double head shower and separate W/C. The main central bathroom is finished to the same quality and other distinctive features include double lock up garage with internal access, garden shed, side access, double glazed security windows, fitted roller blinds, ducted heating, evaporative cooling, gas hot water with solar booster, down lights and ceiling fans throughout. Complete with front veranda, picket fence, views of the Macedon Ranges, and conveniently positioned next to Baringo Provedore with café, restaurant and movie theatre, and a short walk to Gisborne train station, primary school, medical and park lands. This is truly a quality home in a desired location for a discerning buyer.
Listing description written by Julie Gloster, Woodards Macedon Ranges — reproduced as published, not verified by Districts.
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