VIC has seen average median house prices change by 11.00% which means that Gisborne, 3437 has done well for property investors by showing a capital gain of 8.27% over the last year
While Gisborne,3437 ranked number 575th in VIC for increase in median house value (annualised) increase, it is ranked 224th over the last 5 years.
At number 522th of VIC’s most discounted properties, Gisborne is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 48.25km from the CBD, Gisborne is one of Macedon Ranges localities in the postcode 3437.
At number 1244th in the list of Australian suburbs ordered by increase in median house value over the last year, Gisborne, 3437 is in the BOTTOM 30% with a property value increase of -1.46% recorded in median house prices.
Property investors looking for a bargain in Gisborne should be aiming for at least -4.45% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Gisborne, 3437 is in the Macedon Ranges local government area.