5/16 Morrow RoadGisborne VIC 3437
Property Details for 5/16 Morrow Rd, Gisborne
5/16 Morrow Rd, Gisborne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 226m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
The perfect opportunity to enter the market, downsize or invest, this quality unit is amongst a great community in the ever popular Macedon Ranges. Within walking distance to the Gisborne towncentre, supermarkets, sporting grounds, local kinder garden/childcare, multiple primary schools plus easy freeway access for the Melbourne/Bendigo commute and only a minutes drive to the New Gisborne train station.
Offering two good size bedrooms, one bathroom, open plan kitchen/meals and living opening onto an outdoor entertaining space, complemented by beautifully manicured low maintenance garden.
Additional features include; single remote garage with internal access, reverse cycle split system and so much more.
Contact our team to express your interest.
Property History for 5/16 Morrow Rd, Gisborne, VIC 3437
- 01 Jul 2023Sold for $500,000
- 25 May 2023Listed for Sale $520,000 - $550,000
- 13 Apr 2005Sold for $225,000
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0About 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.
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