Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 141 recorded sales (last 12 months) — a Districts calculation.
VIC › Gisborne › Mulgutherie Way
$1,460,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
1,164 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
$1,460,000
Asking · $1,254/m² of land
No recorded sale for this property.
Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 141 recorded sales (last 12 months) — a Districts calculation.
Vs Gisborne
+50.5%
Median sale
Suburb $970,000
-1.15 pp
Gross yield
Suburb 3.44%
Suburb median $970,000 from 141 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$87,521 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.
Pre-filled with 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.
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 2.3%. 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
Gisborne at a glance
11,514
People
$970,000
Median sale
$642/wk
Median rent
3.44%
Suburb gross yield
Median sale from 141 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SaleByHomeOwner.com.auThe phone enquiry code for this property is - 2208
One of the last to be built in the highly desirable Mulbarton Estate, this well appointed home is still under builder’s warranty. It occupies 442 sq m of a 1,164 sq m hilltop block. Though standard width at the front, the block widens to accommodate a generous lawn at the rear. Orientation is perfect with Living and outdoor entertaining areas facing north and east.
The Mulbarton estate is admired for its tree lined streets — particularly spectacular in autumn. It has a wide variety of beautiful homes, with landscaped gardens — some integrating historic trees. Kerbs are spoon drained to permit easier parking. All electric cabling is underground.
The double Garage has a remote operated panel door to the street and roller door to the backyard. It houses a Tesla battery fed by solar roof panels, giving minimal electricity bills. 4 external cameras are cabled to an alarm and a video security recorder. It may be connected to a remote security service and/or mobile phone. NBN is now fibre cabled into the house. Mains gas is connected for hot water (solar boosted), the outside BBQ, Kitchen cooking range and Living Room fireplace.
From the well sheltered front Porch, a solid timber door with frosted glass panels opens into a spacious Entrance Hall. To the left is the large Master Bedroom. Chrome and glass pendants are installed at each side of the bed head. A fitted desk with full height mirror — ideal for makeup application — is adjacent a Walk-In Robe and an oversized Ensuite, provides a double-width, glass-screened shower, twin vanity basins and a separate W.C.
The Cinema is fully equipped with projector, amplifier, 5 speaker Dolby surround sound, electrically operated leather recliner seating and fibre-lit ceiling. Audio visual equipment is cabled direct to fibre broadband. Cast your favourite movie or sports program to the giant screen.
The Entrance Hall passes a formal Living Room featuring a glass fronted fireplace and an impressive chandelier. Generous storage cupboards line the passage.
Family and Dining areas incorporate the Kitchen. Notice the immense stone topped island; Hamptons style joinery; indirect lighting beneath overhead cupboards; matching stone bench tops with glazed ceramic tile splash backs. These extend into the adjacent Butler’s Pantry. There are 3 stainless steel sinks; wide drawers; generous cupboards; open shelving; built in microwave; double drawer style dishwashers; 90cm electric oven and 5 burner gas cook top. Appliances are all stainless steel finish. A water connection is installed for the refrigerator.
From Family and Dining areas, sliding glass doors give 4m of uninterrupted clear opening onto the Covered Deck. It has a mains-connected gas BBQ and a sink — perfect for summer gatherings. Copper maple trees and low planting frame an elevated outlook onto the lawn and distant trees. The gardens may be watered automatically. The Recreation Room, also opening off the Dining area, faces north and east and has matching sliding glass doors to give additional access onto the Covered Deck. Flyscreens are incorporated into all sliding glass doors.
A Powder Room with W.C. & vanity basin is handy to all the entertainment areas. A separate Bathroom is adjacent. It has a freestanding bath, vanity basin and glass partitioned shower. 3 additional Bedrooms and a large Study are nearby, along a passage. Bedrooms are all fitted with built-in robes. A Laundry with stainless steel sink is located at the end of the passage. Its sliding glass door provides natural light into the passage. An outside clothes line is nearby, adjacent the Garden Shed.
The garage-sized Garden Shed on the west side of the back garden has a concrete floor and paving on 2 sides to a pedestrian door and the roller door. It has steel shelving on one long internal wall. The roller door opens onto a generous rectangular lawn.
Walls of the Family Room, Master Bedroom and Recreation room are pre-wired for TV with fittings to hold flat TV screens. The rear of the house has a WiFi extender, cabled back to switchboard.
Although gas heating and refrigerated air conditioning is ducted throughout, blade style ceiling fans are also fitted to Family/Dining areas, all Bedrooms, Study and the Covered Deck.
Impressive lighting fixtures are installed adjacent front door and in Family and Dining area, Living Room and Master Bedroom — with recessed down lights elsewhere. All are all low energy consumption. Adjustable Plantation shutters in Bathroom, Ensuite, Bedrooms, Recreation and Family rooms are balanced by decorative blinds in the Living Room and curtains to Study and Cinema. Highest quality plush wool carpets are installed in Bedrooms, Living Room and Cinema and complement the low-maintenance timber look floors elsewhere, with large format ceramic tiles used in wet areas. Full height solid timber doors and tasteful hardware give added distinction. Front and rear gardens are irrigated by programmable, multi zone, automatic watering systems.
This is a stylish, near-new home, with high spec fixtures and fittings — and every amenity. Located in a quiet and friendly neighbourhood, it is just a 12 minute walk north east to shops and primary school and little more to medical services, swimming pool and sports fields. The Gisborne Golf Club with new Clubhouse now under construction, is an equally short walk, south west.
Property Code: 1098
Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.
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