3 Lyell Street, Gisborne, VIC 3437 | House for sale | OnTheHouse
 
FOR SALE
$625,000

3 Lyell Street
Gisborne VIC 3437

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 592m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Opportunity Awaits in a Convenient Location

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
View Statement of Information

Property Details for 3 Lyell St, Gisborne

3 Lyell St, Gisborne is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 592m2. The place is currently for sale with Kennedy & Hunt Real Estate.

Building Type
House
Land Size
592m2
Commute Calculator

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 6,050 properties. Over the last 5 years, Houses in Gisborne have seen a 16.51% increase in median value, while Units have seen a 12.22% increase. As at 31 January 2026:

  • The median value for Houses in Gisborne is $1,018,879 while the median value for Units is $617,215.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 105 properties listed for sale, and 7 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 334 properties were sold in the past 12 months in Gisborne.

Gisborne Profile Page

Suburb Insights for Gisborne 3437

Visit Gisborne profile page
Market Insights
Gisborne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Gisborne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Gisborne profile page
Contact agent
agent headshot
Jason Kennedy
Show contact details
Call agent
agent headshot
Kallin Trotman
Show contact details
Call agent
Kennedy & Hunt Real Estate
Preferred contact:
Privacy Policy
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED