OFF MARKET

174 Mount Gisborne Road
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 257m2
Land area: 206852m2
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Property Details for 174 Mount Gisborne Rd, Gisborne

174 Mount Gisborne Rd, Gisborne is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 206852m2 and floor size of 257m2.

Building Type
House
Year Built
1970
Floor Size
257m2
Land Size
206852m2
Local Government
Macedon Ranges

Last Listing description (February 2021)

DUE TO COVID RESTRICTIONS, INSPECTIONS BY APPOINTMENT ONLY

Two residences plus a cottage only 3km from the centre of the Gisborne Village shopping centre with spectacular panoramic views overlooking Gisborne to Mount Macedon.


Originally selected in 1857 when Gisborne was first established, Mount Gisborne was purchased by the current owners 43 years ago when Gisborne was just starting to bloom as a sought after inner-country commuter town after the opening of Melbourne (Tullamarine) Airport in 1970.

The main residence circa 1972, is a 255m Vindin Suares Derwent (brick veneer) Farmhouse with 3 living spaces, 4 bedrooms and 2 bathrooms, very privately located in an established and elevated garden setting at the end of a 650m driveway.

The second residence, circa 1900, is a 146m weatherboard homestead comprising 2 living spaces, 3 bedrooms and 1 bathroom.

The third residence is a modest 88m 2 bedroom weatherboard cottage which, subject to council approval, could be replaced with a grand new contemporary residence to take advantage of its northern aspect and beautiful long views.

Other features of Mount Gisborne include a 3 car brick garage, a detached 6m x 9m solar heated indoor pool, further garaging, stables, machinery shed, former shearing shed, other shedding and good water supply.from tanks and 3 dams.

The volcanic well drained soils of Mount Gisborne would suit many uses including horses, cattle, sheep or other agricultural pursuits.

The property features established Cypress tree windbreaks and some beautiful stands of scattered mature native trees and three dams.

Only approximately 35 minutes easy drive (37kms) to Melbourne Airport or 50 minutes (54kms) to Melbourne CBD

Property History for 174 Mount Gisborne Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
  • 22 Jan 2020
    Listed for Sale $2,600,000
  • 24 May 2019
    Listed for Sale Reserve Price: $2,750,000

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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 5,644 properties. Over the last 5 years, Houses in Gisborne have seen a 27.70% increase in median value, while Units have seen a 8.61% increase. As at 31 October 2024:

  • The median value for Houses in Gisborne is $1,025,185 while the median value for Units is $532,030.
  • Houses have a median rent of $630 while Units have a median rent of $483.
There are currently 93 properties listed for sale, and 23 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 223 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.