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 › Magnet Ln
$1,570,000
Last sold
7 Nov 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
6,069 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
$1,570,000
7 Nov 2024 · 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.
Vs New Gisborne
+88.0%
Median sale
Suburb $835,000
-1.87 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 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
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)
This four-bedroom home offers exclusive country style living in New Gisborne, the perfect entrée to the Macedon Ranges. From the moment you enter the driveway lined with pear trees (framed by lights in the evening) you know you are about to come home to something special. The house is in a peaceful environment surrounded by greenery and landscaped gardens that provides privacy and plenty of space to play in and enjoy.
New Gisborne is a charming semi-rural suburb with a lot to offer. With a strong sense of community, it is an excellent place for families, offering local schools close by like New Gisborne Primary and Gisborne Secondary College. Located just 55 km north-west of Melbourne, New Gisborne has easy access to the city via the Calder Freeway. The property is minutes from Gisborne Station (V-line) which connects to Melbourne's metropolitan area, making commuting easy. New Gisborne strikes a balance between countryside living and accessibility to urban convenience, making it a popular destination for anyone seeking a slower pace of life without missing out on any essential services.
A perfect home for families, downsizers from larger rural properties or anyone looking to embrace a new quality country lifestyle now and into the future, 47 Magnet Lane is the perfect landing.
“What the property offers” (property perspective)
This property offers a range of appealing features that emphasize energy efficiency, comfort, and indoor-outdoor living:
• 5.2-star energy rating at the time of construction, reflecting its sustainability.
• Electric induction cooktop for modern cooking.
• Double-glazed windows throughout for improved insulation.
• Modern passive solar design, utilizing rammed earth and polished concrete floors to enhance thermal mass.
• Polished concrete floors, adding both durability and a sleek aesthetic.
• Hydronic heating powered by an electric heat pump for energy-efficient warmth.
• Outdoor decks, ideal for alfresco entertaining.
• Full insulation, ensuring comfort throughout the year.
• Jet master open wood fire, creating a cozy ambiance.
• Split system heating and cooling plus ceiling fans.
• North-facing kitchen, dining, and living areas, flooded with natural light, staying warm and cozy in winter.
• Large deck with opening stacker doors, creating a seamless indoor-outdoor living space, perfect for summer entertaining.
• Double garage with remote electric door for convenience.
• Side drive access to large backyard area
The home is designed for both seasonal comfort and sustainable living, with a focus on energy efficiency and connection to the outdoors.
“What you love about the property” (vendor perspective)
The street is a quiet and peaceful and a no through road, it is easy walking or riding distance to schools or public transport options. Close to the Gisborne train station, Calder Freeway and only 40 mins drive (approx.) to the CBD;, commuting to the city or regionally is easy. We are only a moments’ drive to the centre of Gisborne where you can find wonderful restaurants, cafes and services.
The large outside area has given our family the space to enjoy outdoor activities such as football, cricket, soccer and golf practice! The backyard and garden is an adaptable fully fenced space that has served our family well over the last 15 years. The semi-rural outlook of the property is unique – a sense of being in nature and removed from suburbia but also conveniently close to amenities, transport and freeway access. It has a certain country feel with city convenience, the best of both worlds.
Call Paul Bohan on 0413 594 224 to arrange an inspection.
Listing description written by Paul Bohan, Bound Real Estate — reproduced as published, not verified by Districts.