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 › Woodworth St
$567,000
Last sold
21 June 2019
3
Bedrooms
1
Bathrooms
2
Car spaces
1,225 m²
Land
176 m²
Building
Districts View
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
$567,000
21 June 2019 · 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
-32.1%
Median sale
Suburb $835,000
+1.89 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 LJ Hooker LJ WhorlowNow that election is over, and there is talk of incentives for First Home Buyers, not to mention the bank has made changes to their lending criteria..you may be able to finally afford to buy "Your First Home" whereas only weeks ago, you may not have qualified for finance.
The experience of buying a property for the first time can be both thrilling and daunting, at the same time. If you are new to the property market, then this property is perfect for you, especially if you are planning to start a family in years to come, or have primary school age kids already! Situated in a quiet street and within walking distance to New Gisborne Primary School, approx. 300m to the popular Baringo Food & Wine Bar and V-Line Train Station allowing easy access to Melbourne CBD. Sitting on a generous allotment of approx. 1225m2 this property has all the space for the kids to play.
Showcasing position & potential this lovely freshly painted family home sure does tick a lot of boxes. Consisting of 3 generous bedrooms all with BIR's and serviced by a central two way bathroom and additional powder room. At the entry you are welcomed by a good size L-shape lounge with kids play area / study nook overlooking out to the pergola area with views of the Macedon Ranges.
Walking through into the kitchen / meals area you are greeted with a large U-shape kitchen featuring a new 900mm gas cooktop, piro system electric wall oven, dishwasher, ample bench & cupboard space and walk in pantry / laundry. Step out to the large undercover entertaining area which overlooks the lovely serene established gardens. With lots of space for the kids to run around and play, there is no need to leave the yard when you have a safe and secure backyard with kids swing set.
Additional features include; gas ducted floor heating, 2 open fireplaces, split system, greenhouse, 2 generous sheds and separate external shed with power and data connection - perfect for home office or who need their own space, water tanks, double car garage and rear roller access. This property is sure to please the eye!
***PHOTO IDENTIFICATION REQUIRED AT ALL INSPECTIONS***
Listing description written by L J Whorlow First National Real Estate, LJ Hooker LJ Whorlow — reproduced as published, not verified by Districts.
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