FOR SALE
$400,000 - $440,000

10 Melbourne Road
Gisborne VIC 3437

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 442m2
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Auction Time
Sat 22 Feb 11:00 am
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Great Location - Land 442m² approx.

When location is of the utmost importance then this is for you. Situated with-in a short walk to the Gisborne towncentre, medical facilities, supermarkets, banks, bowling club and sporting grounds.
Existing old home in need of a full renovation or demolishment, an ideal opportunity to build your new home (STCA) such a sought after location and watch your investment grow.
*Zoned Residential and set on 442m² approximately.
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Property Details for 10 Melbourne Rd, Gisborne

10 Melbourne Rd, Gisborne is a 2 bedroom, 1 bathroom House. The property has a land size of 442m2. The place is currently for sale with Raine & Horne Gisborne.

Building Type
House
Land Size
442m2

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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 5,653 properties. Over the last 5 years, Houses in Gisborne have seen a 17.45% increase in median value, while Units have seen a 12.36% increase. As at 30 November 2024:

  • The median value for Houses in Gisborne is $953,736 while the median value for Units is $566,005.
  • Houses have a median rent of $640 while Units have a median rent of $495.
There are currently 91 properties listed for sale, and 23 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Gisborne.

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Ken Grech
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David Oliver
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Raine & Horne Gisborne
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