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 › Chessy Park Dr
$1,822,500
Last sold
22 Aug 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
1,982 m²
Land
454 m²
Building
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
$1,822,500
22 Aug 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
+118.3%
Median sale
Suburb $835,000
-2.17 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
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,999 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 1,999 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 8; DEVELOPMENT CONTRIBUTIONS 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.
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,999 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 1,999 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 8; DEVELOPMENT CONTRIBUTIONS 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 Kennedy & Hunt Real Estate“Ikusasa” embodies its meaning - “The Future” – offering a home designed not just for today but for years to come. Beyond its inviting yet understated exterior lies a spacious, light-filled sanctuary where elegant design meets effortless functionality.
Perfectly blending grand-scale entertaining with relaxed family living, this exceptional residence boasts 454m² / 48.9 sq (approx.) of internal living space on a beautifully landscaped 1,982m² (approx.) block. With impressive proportions, multiple living zones, and resort-style outdoor amenities, Ikusasa is a rare and remarkable find.
Living & Entertaining - Designed for Every Occasion
The formal dining and entertainment room is a showstopper, featuring a striking chandelier, exposed beams, stunning wallpaper, and a gas log fire. Multiple French doors open to the pool area and gardens, making it an entertainer’s dream.
For more relaxed gatherings, the pizza/pool room is a standout feature, complete with an inbuilt pizza oven, kitchenette, and bifold doors leading to the sun deck and pool, perfect for year-round enjoyment.
At the heart of the home, the open-plan kitchen, dining, and living area is bathed in natural light, offering north-facing views of the pool, gardens, and Mount Macedon. The impressive kitchen is a chef's dream with a stunning Bertazzoni Cooker, stone benches, a gigantic island bench, and a sizeable walk-in pantry. French doors seamlessly connect this space to the alfresco entertaining area, creating an effortless indoor-outdoor flow.
A second magnificently sized living and dining zone overlooks the pool, providing an inviting space for relaxation. A beautifully appointed guest bedroom with pool views is serviced by a spacious lower-level bathroom.
Spacious & Private Accommodation
The luxurious main bedroom suite is a true sanctuary, offering a spacious bedroom, a full dressing room with custom cabinetry, and a superb ensuite. Private access to a peaceful courtyard with a pergola adds to the sense of serenity. Completing the space is a private office that could also be used as a nursery, adding flexibility for growing families.
Upstairs, the accommodation wing features three generously sized bedrooms, all with built-in robes. A north-facing bedroom offers spectacular views of the Ranges, while the study area with a built-in desk and cabinets is perfect for students or remote work. The family bathroom is cleverly designed for multi-person use, with a double vanity, separate toilet, and private shower and bath area.
Outdoor Lifestyle & Resort-Style Pool
The recently refurbished solar-heated, salt-chlorinated pool 8.5m x 4.5m (approx.) with a spa and beach entry forms the centrepiece of the stunning outdoor space. Manicured lawns, magnificent trees, landscaped gardens, veggie patches, and greenhouse create a serene setting, while the secure yard is perfect for children and pets.
Additional Features for Ultimate Comfort
• Heating & Cooling: Dual ducted heating and evaporative cooling systems, plus a gas log fire
• Recent updates: Freshly painted, new carpets, and new laminated floorboards
• Parking & Storage: Dual driveways with ample off-street parking, integrated double garage, large 6m x 9.6m (approx.) shed, and a smaller 3m x 6m (approx.) shed
• Water Supply: Town water plus two water tanks (50,000lt approx.) for garden use
A Home That Truly Has It All
With its impressive scale, premium finishes, and exceptional entertaining spaces, this a home that must be experienced to be fully appreciated. Book your private inspection today to see all that Ikusasa has to offer.
Contact Jason Kennedy on 0417 383 235.
***PHOTO ID REQUIRED AT INSPECTIONS***
DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
Consumer Affairs Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Listing description written by Jason Kennedy, Kennedy & Hunt Real Estate — reproduced as published, not verified by Districts.