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New Gisborne Property Investment Overview

Suburb research data for New Gisborne, VIC 3438 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$776,000
2025 data · estimate
Gross Rental Yield
3.0%
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Weekly Rent
$451
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Renter Demand
21%
of residents rent
Vacancy Rate
—
Rental market indicator
Population
2,509
Suburb residents
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📍 Suburb Overview

State VIC
Postcode 3438
Median house price $776,000
Median unit price —
Weekly rent (median) $451/wk (unlock cashflow model)
Gross yield 3.0% (unlock risk & score)
Renter % 21.2%
Vacancy rate —
Population 2,509
Median household income $118,508/yr
Owner-occupied 78.8%
Median age 41 yrs
Total dwellings 401

🛡️ Safety & Crime

Reported crime level Moderate reported crime
Incidents / 1,000 residents 30

New Gisborne shows around-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (0.0%) — tight rental market
ℹ️ Low renter proportion (21%) — owner-occupier suburb
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
🔵 Moderate reported crime (30 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 3
Primary 3
Secondary 0
Schools in New Gisborne
Gisborne Montessori School Primary · Independent
Holy Cross Primary School Primary · Catholic
New Gisborne Primary School Primary · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Similar suburbs in VIC by price range, ranked by yield:

Sandhurst, VIC
5.1% yield
$545,000
Sandhurst, VIC
5.0% yield
$549,000
Waterways, VIC
4.9% yield
$667,000
Balnarring, VIC
4.6% yield
$544,000
Croydon Hills, VIC
4.5% yield
$571,500
Sandhurst, VIC
4.5% yield
$617,500
Compare with nearby Open comparison →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $776,000
Deposit (20%) $155,200
Loan (80% LVR) $620,800
Weekly rent $451/wk
Annual rent income $23,452/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is New Gisborne a good suburb to invest in?

New Gisborne has an average renter proportion. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in New Gisborne?

The median house price in New Gisborne is approximately $776,000 based on 2025 public data (estimate — limited transaction evidence available).

What is the rental yield in New Gisborne?

The indicative gross rental yield in New Gisborne is 3.0%, based on a median weekly rent of $451 against a median price of $776,000. This is general data only — actual yields vary by property, condition and market timing.

How does New Gisborne compare to other suburbs?

Use the suburb comparison tool to compare New Gisborne against other Australian suburbs by price, yield, vacancy and renter demand.

Is New Gisborne a safe suburb?

New Gisborne shows around-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 30 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in New Gisborne?

New Gisborne has 3 known schools, including Gisborne Montessori School, Holy Cross Primary School, New Gisborne Primary School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →