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 9.49%
Across a shorter period, New Gisborne, 3438 has seen a median price increase of 8.46% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that New Gisborne is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 451th in terms of most discounted suburbs in VIC
New Gisborne, 3438’s gross rental yield is 4.25%