Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 144 recorded sales (last 12 months) — a Districts calculation.
VIC › Gisborne › Morilla Ct
$1,700,000
Last sold
13 Jan 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
1,780 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
$1,700,000
13 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Gisborne (last 5 years) with land size have a median of $1,064/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 144 recorded sales (last 12 months) — a Districts calculation.
Vs Gisborne
+75.3%
Median sale
Suburb $970,000
-1.48 pp
Gross yield
Suburb 3.44%
Suburb median $970,000 from 144 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
Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 144 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Kennedy & Hunt Real EstatePositioned on an elevated corner block, this stunning three-level residence built by renowned Layton Homes showcases exceptional quality, thoughtful design and a commanding presence.
From the moment you enter through the wide hallway, you're greeted by large statement floor tiles that guide you into the open-plan kitchen, dining and family area - all designed with both style and functionality in mind.
The central hub of the home is the expansive kitchen and dining area, featuring a large Caesarstone benchtop with breakfast bar, Bosch induction cooktop, double ovens, dishwasher and boiled/cold water taps.
A generous walk-in pantry provides ample storage and preparation space, while the adjoining laundry offers even more functionality with additional storage, a laundry drop pick up zone and external access.
A central double-sided Kenlon fireplace creates a cosy ambiance, serving both the dining room and kitchen as well as the adjoining family room, subtly dividing the spaces while maintaining a warm and connected atmosphere.
Glass sliding doors open to a sprawling Merbau deck that blends indoor and outdoor living with ease. Perfect for entertaining or everyday family life, the deck features a vergola retractable roof for all-weather enjoyment, multiple zones for lounging and dining, outdoor heating and a built-in spa where you can unwind while taking in the breathtaking views.
Beautiful Victorian Ash timber staircases connect each level, adding warmth and character while effortlessly separating the home into distinct zones.
Upstairs is home to a true master retreat, where panoramic views and an abundance of natural light create a private oasis. This expansive space features a quiet sitting area for relaxation, a walk-in robe and a luxurious ensuite complete with floor-to-ceiling tiles, a freestanding stone bath, double vanity, stone sinks, walk-in rain shower and separate toilet.
A second master bedroom with built-in robes and its own ensuite provides the perfect space for guests or extended family and sitting adjacent is a light-filled study offering uninterrupted views-ideal for working from home or quiet reflection.
At the rear of the home, another staircase leads to the ultimate kids living zone.
This separate open area provides plenty of space for play, study or relax - making it a perfect haven for younger family members.
Two further bedrooms, both with walk-in robes and serviced by a large central bathroom featuring a bath and walk-in shower.
Downstairs is a dedicated home theatre room delivers the ultimate entertainment experience, complete with a custom wet bar for effortless movie night hosting. This level also provides internal access to the double garage as well as external access to the rear yard, offering both practicality and convenience.
Additional features include zoned ducted heating and cooling, remote-controlled blinds in the master retreat, plantation shutters for added privacy, solar, intercom system, aggregated concrete driveway, double garage and additional off-street parking.
Thoughtfully designed for family comfort and effortless entertaining, this home combines premium inclusions with intelligent layout in one of the area's most desirable settings.
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.