3 Lyell Street, Gisborne, VIC 3437 | Property Value & History | OnTheHouse
 
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3 Lyell Street
Gisborne VIC 3437

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 592m2
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Last updated 13 Apr 2026
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Property Details for 3 Lyell St, Gisborne

3 Lyell St, Gisborne is a 2 bedroom, 1 bathroom House. The property has a land size of 592m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
House
Land Size
592m2
Local Government
Macedon Ranges
Lot/Plan
1/TP93910

Last Listing description (April 2026)

Set on a generous block of approximately 592sqm, in a convenient and well-connected location, this property presents an exciting opportunity for buyers looking to add value and make a home their own.

The property offers a functional open plan layout with a light-filled living and kitchen area, supported by a split-system unit for year-round comfort.

Accommodation includes a spacious main bedroom with built-in robes and direct access to a private deck, generous second bedroom and a versatile study, 3rd bedroom option or storage room. A combined bathroom and laundry provides practical everyday living.

While the home would benefit from some updates, it offers a solid foundation for future improvements. For those with vision, this presents a fantastic chance to renovate, modernise or develop over time to unlock further value. (STCA).

Outside, the large backyard offers ample space. With a large carport, drive through side access and double car powered garage/shed provides excellent storage or workshop potential, adding further appeal.

Ideally located close to shops, schools, and other local amenities, this is a property that combines space, potential, and position - making it an appealing option for first-home buyers, renovators, or investors alike.

DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence.

Consumer Affairs Due Diligence Checklist:
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

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Property History for 3 Lyell St, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$307,000
31 Mar 2012
Listed for Rent
$400/w
27 Jan 2026
  • 02 Feb 2026
    Listed for Sale $575,000
  • 28 Nov 2025
    Listed for Rent $400 / week
  • 29 May 2019
    Listed for Rent $1,390 / month
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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2016 was 8999 people. By 2021 the population was 10142 showing a population growth of 12.7% in the area during that time. The predominant age group in Gisborne is 40-49 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation.In 2021, 82.20% of the homes in Gisborne were owner-occupied compared with 80.20% in 2016.

Gisborne has 6,041 properties. Over the last 5 years, Houses in Gisborne have seen a 16.18% increase in median value, while Units have seen a 5.74% increase. As at 31 March 2026:

  • The median value for Houses in Gisborne is $1,047,460 while the median value for Units is $595,253.
  • Houses have a median rent of $660 while Units have a median rent of $485.
There are currently 98 properties listed for sale, and 8 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 337 properties were sold in the past 12 months in Gisborne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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