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Investment Property New Gisborne, VIC, 3438

Suburb Snapshot

New Gisborne is a suburb in the Macedon Ranges Region of Victoria. New Gisborne has a population of 2,388 people and 10.94% of its occupants live in rental accommodation. The median listing price for houses is $995,000 and this has changed 5.85% over the past year and changed 13.97% over 2 years.

The median rent in New Gisborne for houses is $600 per week and the median rental yield is 3.13%. Stock on the market for houses/townhouses has changed -23.08% compared to last year and the average time to sell a house/townhouse is 95 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in New Gisborne is NA per week, producing a rental yield of NA.

Supply & Demand in New Gisborne, Macedon Ranges

0.25%

Current vacancy rate


3

Rental stock available


2,388

Population


10.94%

Rental population


0.33%

Current vacancy rate


77

Rental stock available


46,109

Population


12.92%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for New Gisborne, Macedon Ranges

  House Townhouses Units
Median listing price $995,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 5.85% NA NA
Median price change - 2 years 13.97% NA NA
  House Townhouses Units
Median weekly rent $600 NA NA
Median yield % 3.13% NA NA
Median rent change - 1 year 1.69% NA NA
  House Units
Previous month sales 0 0
Stock on market previous month 20 1
Stock variance vs. last year -23.08% -50.00%
Average days on market 95 NA

New Gisborne investment property listings

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