FOR SALE
$1,495,000

Lot 6 & 7 Bacchus Marsh Road
Gisborne VIC 3437

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 42.7ac
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Rare Opportunity in the heart of Gisborne - 42.7 acres approx. in total!

Embrace the beauty of undulating landscapes, serene valleys, and majestic scattered gums on Lots 6 & 7 Bacchus Marsh Road, Gisborne.
With a combined total of 17.31 Ha, this expansive property offers an unparalleled opportunity for discerning buyers.
Key Features:
• Two Titles, One Spectacular Offering: 6.995 Ha and 10.32 Ha approx. parcels of land, sold together for an expansive estate or development opportunity (STCA).
• Natural Beauty Abounds: Explore the undulating terrain, valleys, and scattered gums, providing picturesque landscapes and shelter for livestock.
• Convenient Proximity: Enjoy the best of both worlds with serene rural living within close reach of central Gisborne town center, offering amenities, shops, and conveniences.
• Waterfront Bliss: Frontage along Gisborne Creek offers not only a tranquil setting but also recreational opportunities.
Features include a dam, cattle yards, and town water access, enhancing the functionality and potential of the property. Marvel at panoramic vistas of the Macedon Ranges and the iconic Memorial Cross, offering a constant reminder of the beauty of the surrounding landscape.
With its natural beauty, practical amenities, and strategic location, it's a rare opportunity not to be missed.
With Gisborne's growing popularity as a desirable residential location, investing in this prime land offers not just a slice of countryside serenity but also promising future returns.
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Property Details for Lot 6 & 7 Bacchus Marsh Rd, Gisborne

Building Type
Land
Land Size
42.7ac

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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, 230 properties were sold in the past 12 months in Gisborne.

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Ken Grech
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Raine & Horne Gisborne
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