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Unit 1,
11 FERRIER ROAD New Gisborne VIC 3438

This property is Off Market

All about New Gisborne Homes for sale in New Gisborne

The Average property price in this area is $1,303,553, this is based on recent transactions.
Distance to the coast 48.57 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Woodards 5 CONSTANCE WAY, $700,000 - $770,000 3 Beds - 2 Baths - 2 Parking Within 1.1 km Woodards 12 HYPERNO CT, $860,000 4 Beds - 2 Baths - 2 Parking Within 1.7 km Woodards 80 KEMP RD, $1,590,000 - $1,690,000 5 Beds - 2 Baths - 4 Parking Within 1.9 km Woodards 4 MOUNT VISTA CL, $950,000 4 Beds - 2 Baths - 2 Parking Within 2.0 km

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 train

Riddells Creek train

Sunbury

Cobblebank train

Kyneton

Woodend

Bacchus Marsh train

Diggers Rest train

Rockbank

General Points of Interest

Memorial to the Kurana Tragedy monument

North/West Plinth monument

South/East Plinth monument

South/West Plinth monument

East Plinth monument

Mt Macedon Memorial Cross

Mt Macedon Memorial Cross monument

Memorial to Athony John Herd sport

Macedon Lodge monument

Historic survey cairn sport

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

Population

37 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

42 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Gisborne Secondary College New Gisborne Primary School
St Brigid's School
Gisborne, VIC, 3437 Independent Prep-6
Mount Macedon Primary School
Mount Macedon, VIC, 3441 State Prep-6
Alice Miller School
Macedon, VIC, 3440 Independent Prep-12
Macedon Primary School
Macedon, VIC, 3440 State Prep-6
Holy Cross Primary School
New Gisborne, VIC, 3438 Independent Prep-6
Gisborne Primary School
Gisborne, VIC, 3437 State Prep-6
Gisborne Secondary College
Gisborne, VIC, 3437 State 7-12
Gisborne Montessori School
New Gisborne, VIC, 3438 Independent Prep-6
New Gisborne Primary School
New Gisborne, VIC, 3438 State Prep-6
Riddells Creek Primary School
Riddells Creek, VIC, 3431 State Prep-6

Property Story

Unit 1, 11 Ferrier Road, New Gisborne, Vic, 3438 is a residential property . The estimated distance to the sea is 48.57km and 0.75KM 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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