OFF MARKET

189 Saunders Road
New Gisborne VIC 3438

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 154708m2
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Property Details for 189 Saunders Rd, New Gisborne

Building Type
Land
Land Size
154708m2
Local Government
Macedon Ranges

Last Listing description (June 2023)

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 property has three homes, which can be used for rental income, multi-generational living, or as guest houses for visitors. The property is a rural estate that includes three distinct homes, each with its own unique features and characteristics. The homes are situated on a large parcel of land, surrounded by beautiful natural scenery and a serene, peaceful atmosphere.

The property offers a unique opportunity for buyers looking to invest in a beautiful rural estate with a wide range of potential uses. With its picturesque surroundings and flexible zoning, this property is an excellent investment opportunity.

This 38.6 acres land parcel in New Gisborne is part of Macedon Ranges planning scheme and property is included in future draft boundary.
This property got a wide exposure in the future as this is one of the bigger parcel left in the area and first time being offered in the market

The Macedon ranges released five draft concepts options for this area and in four options this property is in future residential developments. As per council reports they are expecting a residential conventional subdivision on this property expected residential lots is 190 (STCA).

Please do your own due diligence.

For more information contact agents:

Harmeet Gill: 0401 085 234
Harry Sandhu: 0433 386 408
Gursahab: 0433 438 600

Property History for 189 Saunders Rd, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
  • 07 Mar 2023
    Listed for Sale CONTACT AGENTS

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About New Gisborne 3438

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:

  • The median value for Houses in New Gisborne is $790,111 while the median value for Units is $598,824.
  • Houses have a median rent of $605.
There are currently 27 properties listed for sale, and 2 properties listed for rent in New gisborne on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in New gisborne.

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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.