Giving property investors a an unimpressive capital gain of -0.38% for the last year, New Gisborne, 3438 is the 2880th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in New Gisborne has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in New Gisborne are currently offering property investors an average price cut of -4.09% below the asking price at the moment.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
The VIC suburb of New Gisborne, 3438 is in the Macedon Ranges local government area.