SOLD
Sold on 14 Jun 2024 for $595,000

1/5 Morrow Road
Gisborne VIC 3437

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 334m2
Sold By
Evans Realty Group
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Property Details for 1/5 Morrow Rd, Gisborne

1/5 Morrow Rd, Gisborne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 334m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Gisborne in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
115m2
Land Size
334m2
Local Government
Macedon Ranges
Lot/Plan
1/PS548862

Last Listing description (September 2024)

Elegantly renovated for effortless living, this charming home presents an exceptional lifestyle opportunity for investors, first-time buyers, and retirees alike. Ideally situated minutes from the town centre, the home showcases chic, stylish interiors that seamlessly blend functionality with modern elegance, offering a flawless fusion of convenience and low-maintenance ease in a picture-perfect package.

Single-level interiors flow from the welcoming entrance to the kitchen and living spaces, where a cosy freestanding wood-burning fireplace, polished concrete floors and crisp white walls complement quality appliances and abundant storage. Sliding doors open to the outdoor entertaining zones, where a built-in bar and deck offer the ideal place to gather with friends, overseeing lush lawns and minimal landscaping that will appeal to a green thumb or those looking for a carefree garden setting.

The north-facing front features double-glazed windows, offering a serene outlook to the front courtyard garden, whilst three well-appointed bedrooms include the main, which has a walk-in robe and semi-ensuite access to the chic bathroom. Each bedroom is equipped with robes, with the bathroom boasting feature floor tiles, a relaxing bath, and an on-trend floating vanity.

The renovated laundry adds to the appeal, while split system heating/cooling ensures year-round comfort and two carports provide ample parking. Set on 334m2 (approx.) and located within a 2-minute drive to the heart of town, with cafes, parks, and shopping nearby, and close access to the Calder Freeway for a smooth CBD commute, this is one home you won't want to miss.

Property History for 1/5 Morrow Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$595,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $595,000
  • 24 May 2024
    Listed for Sale Not Disclosed
  • 14 May 2011
    Sold for $349,000
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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 90 properties listed for sale, and 24 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Gisborne.

Suburb Insights for Gisborne 3437

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.