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VIC › New Gisborne › Station Rd

263 Station Rd, New Gisborne VIC 3438

House

$975,000

Last sold

24 Nov 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

1,342 m²

Land

206 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $975,000 (24 Nov 2025).(Recorded sale)
  • CalculationLand 1,342 m² against a 206 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • 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?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$975,000

24 Nov 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.

See the full New Gisborne report →

Vs New Gisborne

+16.8%

Median sale

Suburb $835,000

-0.58 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$975,00024 Nov 2025
  2. Listedprice unknowncompleted26 Aug 2025

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Kennedy & Hunt Real Estate

Character, Potential and Location – 1,342 m2 (approx.)

Set on a sprawling 1,342m2 (approx.) allotment in a highly sought-after location, Carrington offers the kind of space that sparks imagination. Whether it's creating your own garden oasis, giving children room to play, exploring the possibility of development (STCA), or simply enjoying the privacy of a large established block - the possibilities are endless.

Behind its charming brick and wrought iron fence, the home immediately impresses with timeless street appeal. Mature trees and established gardens create a sense of sanctuary, while inside, classic features - including bay windows, ceiling roses, decorative archway, wall panelling, and a Victorian-style mantlepiece to the lounge- bring character.

The heart of the home is the expansive kitchen, meals, and family area which enjoys leafy garden views. A wood heater adds warmth and charm, while ducted heating and split-system cooling ensure year-round comfort, and solar adds efficiency. A spacious second living room, complete with its own wood heater, offers flexibility and could easily be adapted as a fourth bedroom if desired.

Read the full description

Accommodation is well-zoned, with the inviting main bedroom with ensuite and walk-in robe located privately at the front of the home, while two further bedrooms are positioned to the rear and are serviced by a spacious family bathroom.

Outdoors, the wide verandahs are ideal for relaxed afternoons, while a paved courtyard is perfect for entertaining. Established gardens, mature trees and lawn areas create a true haven, while the double garage with high ceilings and rear roller access provides practical flexibility for vehicles, hobbies or storage.

All this, in a highly sought-after location – just moments from Gisborne train station, schools, child care, café and medical facilities-means Carrington is not just a home, but an opportunity to embrace space, character and convenience in equal measure.

Contact Jason Kennedy today on 0417 383 235 to arrange a private inspection.

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.

Property features

  • Living Areas: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.