Unit 1, 25 PRINCE STREET Gisborne VIC 3437
This property is Off Market
- The Average property price in this area is $1,303,553, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 45.82 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 76, households expect an average monthly mortgage payment of $1,430 or a weekly rent payment of $200. The average family earns a weekly income of $1,468 with a typical household size of 1.5 and a 84.09% 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 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 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 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 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 Gisborne a better buying opportunity than it may have been in the past.
Public Transport
Melton
Clarkefield
Riddells Creek
Sunbury
Cobblebank
Watergardens
Woodend
Bacchus Marsh
Diggers Rest
Rockbank
General Points of Interest
North/West Plinth
South/East Plinth
North/East Plinth
South/West Plinth
South Plinth
North Plinth
East Plinth
West Plinth
The Village Gisborne
Gisborne Lawn Bowls Club
Population
(Country of Birth not stated 9%)
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
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School CatchmentsGisborne Primary School Gisborne Secondary College
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St Brigid's School
Gisborne, VIC, 3437 Independent Prep-6 -
Macedon Primary School
Macedon, VIC, 3440 State Prep-6 -
Gisborne Montessori 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
Property Story
Unit 1, 25 Prince Street, Gisborne, Vic, 3437 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $520,000 while properties of this type typically sell for between $410,000 and $410,000 in this suburb. The estimated distance to the sea is 45.82km and 0.5KM 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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