OFF MARKET

25 Morrow Road E
New Gisborne VIC 3438

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 17000m2
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Property Details for 25 Morrow Rd E, New Gisborne

25 Morrow Rd E, New Gisborne is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 17000m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1940
Floor Size
133m2
Land Size
17000m2
Local Government
Macedon Ranges
Lot/Plan
1/TP85463

Last Listing description (October 2022)

Situated in a sought after, tightly held area in a private cul-de-sac, only 5 minutes from the train station (55minutes to the city), 3 minutes to the freeway and 5 minutes to town with an array of primary schools, shops, cafes, and restaurants at your fingertips! the home is in total privacy behind the high hedge at the front of the property. Once you walk up the driveway you are welcomed by an original 3 bedroom weatherboard cottage. Inside its well-lit living, dining and kitchen areas, the traditional layout is complemented by its 3 huge bedrooms all with built in robes and high ceilings throughout, the master bedroom has a study/dressing room that could easily be converted to an en-suite.

A quirky original bathroom with a shower and bath sits centrally in the home. There is also an additional powder room connected to the laundry/mudroom that leads out into a large sunroom, perfect for outdoor dining!

The kitchen includes a breakfast nook, plenty of storage and space with a huge window overlooking its rural aspect and numerous mature trees offering; apricot, plums, peaches, bay leaves, apples and cherry plums. There is also a small lemon tree making a perfect accompaniment to a drink at the end of a hard work day!

The home is ready to live in, a renovation would really take this property to the next level with 4.2 acres of land to call your own, with a 100m street frontage as well!

Additional features of the home include;
2 car garage and workshop along with a free-standing shed
2 divided paddocks currently housing some beautiful horses
Colourbond roof and re-stumping completed 2015
2017 saw new plumbing throughout the home, brand new hot water system, all plumbing lines replaced to septic tank.
Dishwasher replaced 2019
Gas ducted heating
Town and tank water
Fireplace in the loungeroom

Development potential for dual occupancy based on the current draft Gisborne futures plan STCA

An inspection will not disappoint, contact Ken on 0418 509 710 to view this unique property.

Photo ID required for all inspections
Please observe social distancing guidelines - 1.5m distance at all times

*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 25 Morrow Rd E, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
Last Sold
$950,000
05 Aug 2022
  • 05 Aug 2022
    Sold for $950,000
  • 15 Apr 2022
    Listed for Sale $1,000,000 to $1,100,000
  • 04 Jan 2017
    Sold for $575,000
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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 1,561 properties. Over the last 5 years, Houses in New Gisborne have seen a 26.13% increase in median value, while Units have seen a 28.54% increase. As at 30 September 2024:

  • The median value for Houses in New Gisborne is $889,335 while the median value for Units is $532,615.
  • Houses have a median rent of $618.
There are currently 24 properties listed for sale, and 5 properties listed for rent in New gisborne on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in New gisborne.

Suburb Insights for New Gisborne 3438

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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.