OFF MARKET

10 Penny Green Drive
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 3514m2
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Property Details for 10 Penny Green Dr, Gisborne

10 Penny Green Dr, Gisborne is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 3514m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Land Size
3514m2
Local Government
Macedon Ranges
Lot/Plan
18/LP97748

Last Listing description (January 2020)

Prestige 3,490m2 property close to Gisborne township, with potential for subdivision (STCA)

This property presents itself as a great opportunity for anyone looking for a large allotment close to town with the option to update and transform this 3490 m2 property into the house of your dreams. Theres plenty of room for you to add all the extras our modern-day families are striving for; pool, tennis court, shedding, outdoor entertaining etc. There are currently 4 bedrooms, 3 bathrooms, central kitchen, meals and living area, formal sitting room, games/rumpus room, spa/sunroom, double garage, large pergola and another double garage/shed with double doors and power connected. There are 2 water tanks for the garden and the house is serviced by a new gas ducted heating system, floor heating and a 2.4kw solar system to offset your utility costs.

Situated on the corner of Penny Green Drive and Daly Street leading into the magnificent Gisborne Golf Club, a wonderful subdivision (STCA) opportunity awaits. If its development that interests you, this property lends itself to a 2-4 lot subdivision (STCA).
We anticipate good interest in this unique opportunity of such a large allotment close to town, so dont waste any time expressing your interest.

Property History for 10 Penny Green Dr, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$1,015,000
17 Jan 2020
  • 17 Jan 2020
    Sold for $1,015,000
  • 13 Dec 2019
    Listed for Sale $950,000 - $1,045,000
  • 01 Apr 1986
    Sold for $140,000
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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 5,651 properties. Over the last 5 years, Houses in Gisborne have seen a 22.35% increase in median value, while Units have seen a 9.02% increase. As at 31 December 2024:

  • The median value for Houses in Gisborne is $935,844 while the median value for Units is $549,021.
  • Houses have a median rent of $635 while Units have a median rent of $500.
There are currently 88 properties listed for sale, and 21 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 241 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.