5 Constance Way, New Gisborne VIC 3438
This property is Off Market
- The Average property price in this area is $1,303,553, this is based on recent transactions.
- Distance to the coast 47.67 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Gisborne
With an average age of 42, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $480. The average family earns a weekly income of $2,528 with a typical household size of 2.6 and a 99.5% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in New Gisborne ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in New Gisborne classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in New Gisborne necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in New Gisborne we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make New Gisborne a better buying opportunity than it may have been in the past.
Public Transport
Melton
Clarkefield
Riddells Creek
Sunbury
Cobblebank
Kyneton
Woodend
Bacchus Marsh
Diggers Rest
Rockbank
General Points of Interest
Memorial to the Kurana Tragedy
North/West Plinth
South/East Plinth
South/West Plinth
East Plinth
Mt Macedon Memorial Cross
Mt Macedon Memorial Cross
Memorial to Athony John Herd
Macedon Lodge
Historic survey cairn
Gisborne Lawn Bowls Club
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1332 asthma sufferers and 431 people living with diabetes. In addition, 645 people have a heart/vascular condition and 923 people live with three or more chronic diseases.A good place to invest in property?
Gisborne a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
67 / 100
52 / 100
Industry
17 / 100
17 / 100
Population
37 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
42 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsGisborne Secondary College New Gisborne Primary School
Property Story
5 Constance Way, New Gisborne, Vic, 3438 is a residential property . The estimated distance to the sea is 47.67km and 0.29KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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