FOR SALE
New Price $1,450,000-$1,550,000

1 Oakwood Close
Gisborne VIC 3437

Bedrooms: 6
Bathrooms: 2
Car spaces: 5
Land area: 9400m2
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Rejuvenate or Develop – Either way you will be on top! (approx.) 9400 sqm

“Why we like the property” (agent perspective)
This six-bedroom family home offers scope to live in now and redevelop the land later. Potential for 3 lot subdivision under the endorsed McKim Rd Development Plan, all have impeccable views that can’t be built out. There is also further subdivision potential (STCA) for the astute investor. Gisborne is the entrée to the Macedon Ranges. The amenities and community offerings, complimented by fantastic sporting facilities such as Macedon Ranges Sports Precinct (a three-stage ~$44.5 million project incorporating expansive indoor and outdoor recreation space) and schools (early learning, primary to secondary), Gisborne has everything you need to enjoy.
“What the property offers” (property perspective)
Currently tenanted until January 2025 this is the time to get planning, moving and ready to enjoy Gisborne. There is a huge garage with access to under house for further storage. The carport is large and there is ample land for extra shedding, equipment storage or to park a caravan.
Moments to the Gisborne train station, Calder Freeway and only 40 mins drive (approx.) to the CBD, commuting to the city or regionally is easy.
“What you love about the property” (vendor perspective)
Being high on the hill, with the most spectacular view over Gisborne – you really can’t match it. Sunsets are always special. The potential this property can provide for multi- generation living and extended families is great. Easy walking distance into Gisborne and the coffee shops and sporting reserves is great, as is the access to bus stops and Gisborne train station.
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Property Details for 1 Oakwood Cl, Gisborne

1 Oakwood Cl, Gisborne is a 6 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 9400m2. The place is currently for sale with BOUND REAL ESTATE.

Building Type
House
Land Size
9400m2

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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2011 was 7,289 people. By 2016 the population was 8,982 showing a population growth of 23.2% in the area during that time. The predominant age group in Gisborne is 0-9 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation. In 2011, 79.7% of the homes in Gisborne were owner-occupied compared with 80.2% in 2016.

Gisborne has 5,647 properties. Over the last 5 years, Houses in Gisborne have seen a 27.70% increase in median value, while Units have seen a 8.61% increase. As at 31 October 2024:

  • The median value for Houses in Gisborne is $1,025,185 while the median value for Units is $532,030.
  • Houses have a median rent of $630 while Units have a median rent of $483.
There are currently 93 properties listed for sale, and 23 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Gisborne.

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Damien Walder
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Lynne Payne
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BOUND REAL ESTATE
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