FOR SALE
$475,000

8 Elsa Way
New Gisborne VIC 3438

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 603m2
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TITLED LAND IN EXCEPTIONAL LOCATION – 603m2 APPROX.

Unlock the potential of this 603m2 (approx.) vacant block of land, in the highly sought-after 'Cathlaw on Ferrier' estate. Tucked away from main roads, this vacant land is calling for your dream home, and is available to build on now (STCA).
'Cathlaw on Ferrier' is ideally located within walking distance of the Gisborne train station, local primary schools, a new childcare centre, medical facilities, and a café. Additionally, residents can enjoy easy access to Gisborne and the Calder Freeway. Don't miss out on the chance to make this blank canvas your own.
Contact Jason Kennedy today on 0417 383 235.
DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.
Consumer Affairs Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
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Property Details for 8 Elsa Way, New Gisborne

Building Type
Land
Land Size
603m2

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About New Gisborne 3438

The size of New Gisborne is approximately 26.2 square kilometres. It has 8 parks covering nearly 3.2% of total area. The population of New Gisborne in 2011 was 2,380 people. By 2016 the population was 2,373 showing a population decline of 0.3% in the area during that time. The predominant age group in New Gisborne is 40-49 years. Households in New Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Gisborne work in a professional occupation. In 2011, 87% of the homes in New Gisborne were owner-occupied compared with 85.9% in 2016.

New Gisborne has 1,564 properties. Over the last 5 years, Houses in New Gisborne have seen a 25.09% increase in median value, while Units have seen a 27.50% increase. As at 31 October 2024:

  • The median value for Houses in New Gisborne is $881,733 while the median value for Units is $571,992.
  • Houses have a median rent of $610.
There are currently 23 properties listed for sale, and 5 properties listed for rent in New gisborne on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in New gisborne.

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Jason Kennedy
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