Stern Way

New Gisborne VIC 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.