Investment property in New Gisborne has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.30%
While New Gisborne,3438 ranked number 214th in VIC for increase in median house value (annualised) increase, it is ranked 498th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that New Gisborne is offering property investors an average of -5.41. This rate of discount on properties puts Suburb at number 502th in terms of most discounted suburbs in VIC
Situated 50.18km from the CBD, New Gisborne is one of Macedon Ranges localities in the postcode 3438.