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
$450,000–$490,000
For sale
Asking range
0
Bedrooms
0
Bathrooms
0
Car spaces
381 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
Asking
$450,000–$490,000
Asking range · $1,181/m² of land
No recorded sale for this property.
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
-46.1%
Median sale
Suburb $835,000
+3.42 pp
Gross yield
Suburb 4.00%
Suburb median $835,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$26,927 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with New Gisborne's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 7.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Bound Real Estate“Why we like the property” (agent perspective)
In a prime location within the unique Baringo Village 28 Stern Way offers a perfect blend of cosmopolitan living and serene tranquillity. The stunning backdrop of Mount Macedon adds an unparalleled charm to the landscape, making it an ideal spot for those seeking a peaceful yet contemporary lifestyle.
Furthermore, the tasteful contemporary architectural design prevalent throughout the entire estate is a testament to the commitment to quality and aesthetics. It's refreshing to see such attention to detail, making every aspect of living in this community a delightful experience.
The proximity to amenities is another highlight. With the renowned Baringo Food and Wine Co just a stone's throw away, residents can enjoy exquisite dining experiences without traveling. Additionally, easy access to the VLine train and the Calder freeway ensures a seamless commute to the CBD, providing the perfect balance between urban convenience and suburban charm.
Overall, 28 Stern Way presents a rare opportunity to embrace luxury, convenience, and natural beauty in one package, making it a standout property for discerning buyers.
“What the property offers” (property perspective)
28 Stern Way is more than just a vacant allotment; it's a canvas for realizing your dream home in an idyllic setting. Spanning approximately 381m2, this titled property is ready for you to make your mark and create a residence that reflects your style and preferences.
The allure of Baringo Village lies not only in its picturesque surroundings but also in its vibrant community atmosphere. Whether you're enjoying a leisurely stroll through the leafy walking tracks and adjoining parks or indulging in culinary delights at nearby Baringo Food & Wine Co, every day offers new opportunities for relaxation and enjoyment.
Moreover, the convenience of Gisborne township just a short distance away ensures that all your daily needs are easily met. From grocery shopping to retail therapy, everything you require is within reach, allowing you to focus on the things that matter most.
But perhaps the most compelling feature of this property is the opportunity to immerse yourself in the rejuvenating ambiance of the Macedon Ranges. With Mount Macedon standing tall as a constant reminder of nature's majesty, you'll find solace and inspiration in the tranquil surroundings, providing a welcome retreat from the hustle and bustle of modern life.
Listing description written by Rhys Nuttall, Bound Real Estate — reproduced as published, not verified by Districts.