4/16 Morrow Road

Gisborne VIC 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.