New Gisborne, VIC 3438

New Gisborne, VIC 3438

Compare Part of Macedon Ranges

50.83 km
Distance from CBD
2 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$389,000
0.0% $235,000 $820,000 41
2010
$503,000
+22.7% $355,000 $850,000 43
2011
$488,750
-2.9% $305,000 $980,000 40
2012
$480,000
-1.8% $310,000 $739,000 35
2013
$530,000
+9.4% $365,000 $1,640,000 30
2014
$510,000
-3.9% $350,000 $1,590,000 53
2015
$560,000
+8.9% $304,000 $2,450,000 54
2016
$620,000
+9.7% $390,000 $1,025,000 30
2017
$650,000
+4.6% $337,000 $1,355,000 49
2018
$790,000
+17.7% $540,000 $1,320,000 22
2019
$745,000
-6.0% $430,000 $1,300,000 33
2020
$760,000
+2.0% $265,000 $1,250,000 26
2021
$945,000
+19.6% $440,000 $2,500,000 36
2022
$1,100,000
+14.1% $515,000 $3,700,000 22
2023
$910,000
-20.9% $525,000 $3,800,000 32
2024
$1,400,000
+35.0% $810,000 $1,475,000 5
Median Sale Price
$910K
Based on 25 recorded sales within the last 12 months
Updated on 30 Mar 2024
Suburb Growth
-4.4%
Current Median Price: $910,000
Previous Median Price: $950,000
Based on 54 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$370
0.0% $320 $600 15
2012
$420
+11.9% $300 $500 16
2013
$450
+6.7% $280 $1,500 23
2014
$420
-7.1% $290 $595 25
2015
$475
+11.6% $339 $600 21
2016
$460
-3.3% $285 $1,000 30
2017
$500
+8.0% $350 $1,000 16
2018
$600
+16.7% $390 $2,058 17
2019
$530
-13.2% $360 $700 29
2020
$510
-3.9% $6 $650 26
2021
$550
+7.3% $350 $850 25
2022
$590
+6.8% $355 $1,060 28
2023
$640
+7.8% $395 $800 30
2024
$600
-6.7% $540 $630 4
Median Rent Price
$625
per week
Based on 25 recorded rent within the last 12 months
Updated on 30 Mar 2024
Rent Price Growth
+4.0%
Current Median Rent: $625
Previous Median Rent: $600
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $910,000
Current Median rent: $625
Based on 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For New Gisborne

Houses sold in Last 12 months ends 23 Mar 2024

$910K

Median Sale Price

100%

Clearance Rate

7/7

Sold/Reported

$1.13M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
4
$600 K - $800 K 1

Schools closest to New Gisborne, VIC 3438

School name Address Type Sector Distance
New Gisborne Primary School 239 STATION ROADNew Gisborne 3438 Primary Government 0.38 km
Holy Cross Primary School CNR HAMILTON AND BARRINGO RDSNew Gisborne 3438 Primary Catholic 0.48 km
Gisborne Montessori School 57 BARRINGO ROADNew Gisborne 3438 Primary Independent 0.69 km