189 SAUNDERS ROAD, NEW GISBORNE
Vicland Realty is excited to present this unrivalled opportunity that offers developers, investors, and owner occupiers the chance to secure a potential and extremely rare investment opportunity in Melbourne's booming Northern west. Currently zoned as Green Wedge this significant parcel of land has a 267.6m street frontage and is situated within proximity to the future release of the Gisborne futures project, presenting a fantastic land holding opportunity.
The size of New Gisborne is approximately 26.2 square kilometres. It has 8 parks covering nearly 3.2% of total area. The population of New Gisborne in 2011 was 2,380 people. By 2016 the population was 2,373 showing a population decline of 0.3% in the area during that time. The predominant age group in New Gisborne is 40-49 years. Households in New Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Gisborne work in a professional occupation. In 2011, 87% of the homes in New Gisborne were owner-occupied compared with 85.9% in 2016.
New Gisborne has 1,562 properties. Over the last 5 years, Houses in New Gisborne have seen a 6.60% increase in median value, while Units have seen a 34.59% increase. As at 31 December 2024:
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