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 › The Boomerang
$1,350,000
Last sold
15 June 2026
5
Bedrooms
2
Bathrooms
3
Car spaces
1,113 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
$1,350,000
15 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Gisborne (last 5 years) with land size have a median of $1,053/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 141 recorded sales (last 12 months) — a Districts calculation.
Vs Gisborne
+39.2%
Median sale
Suburb $970,000
-0.97 pp
Gross yield
Suburb 3.44%
Suburb median $970,000 from 141 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 141 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by ConnectRealEstate AgencyPositioned high above the Gisborne township, this exceptional family residence makes an unforgettable first impression. From its commanding facade and professionally landscaped gardens to the spectacular south-westerly views and luxurious 9.5m x 3.8m solar-heated swimming pool surrounded by travertine paving, every element of this home speaks of quality, care and lifestyle. The welcoming entrance, enhanced by a coffered ceiling and direct access to the integrated double garage with built-in storage, sets the tone for the rest of the home. Descending to the split-level living area reveals the true heart of the property — a bright, open-plan space that frames the panoramic vista beyond. The modern galley kitchen is both stylish and highly functional, featuring stone benchtops, a butler’s pantry, gas cooktop, electric under-bench oven and a large island bench illuminated by elegant pendant lighting. Adjacent to the kitchen, the meals area is a wonderful space for family gatherings and entertaining, offering the perfect spot to take in the breathtaking sunsets over the western horizon. The spacious living area invites relaxation, with custom-built cabinetry and large stacker doors opening to an expansive alfresco deck made from rich Merbau timber. This seamless connection between indoors and outdoors creates an ideal setting for entertaining or simply watching the family enjoy the pool below. A separate theatre room with a projector, screen, surround sound and built-in cabinetry offers the ultimate movie-night experience, while a dedicated home office with 2 built-in workstations provides the perfect work-from-home setup. On the upper level, a private hallway leads to 4 generous bedrooms, each with BIRs, blockout and privacy blinds and access to a luxurious central bathroom complete with a soaking tub and separate powder room. From the lower level, the side hallway provides access through the laundry to the spacious side driveway and an oversized carport ideal for storing a caravan, boat or additional vehicles. The double gates on the eastern boundary make access effortless. The master suite is a true retreat, boasting floor-to-ceiling windows that capture the stunning southern outlook, a fully fitted WIR and a beautifully appointed ensuite with a double vanity, stone benchtop, oversized shower with rainfall head and a separate toilet. Outside, the meticulously landscaped gardens showcase low-maintenance plantings, dry rock retaining walls and an expansive lawn area with a paved fire pit zone — the perfect place for family gatherings or quiet evenings under the stars. Additional features include double-glazed windows, quality floating floors, gas ducted heating, evaporative cooling, a walk-in linen closet, heated hanging space in the laundry, additional storage next to the laundry, a fully automated irrigation system and a unique timber bleacher beside the pool with integrated storage beneath. Perfectly positioned just 500 metres from Gisborne’s vibrant town centre, with boutique shops, cafés, and everyday conveniences, this remarkable home combines individuality, warmth and timeless style. A true complete package, offering the best of luxury family living in one of Gisborne’s most desirable locations.
Listing description written by Helen Sankey, ConnectRealEstate Agency — reproduced as published, not verified by Districts.
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