31 Murray Road, Gisborne, VIC 3437 | Property Value & History | OnTheHouse
 
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31 Murray Road
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 592300m2
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Property Details for 31 Murray Rd, Gisborne

Building Type
Rural
Land Size
592300m2
Local Government
Macedon Ranges
Lot/Plan
1/LP200124

Last Listing description (November 2025)

Kennedy and Hunt Real Estate proudly presents 31 Murray Road, Gisborne - an outstanding opportunity to secure 146 acres (approx.) in one of the most sought-after locations within the Macedon Ranges.

Whether you're looking for a lifestyle retreat, a small farm, or a development opportunity, this expansive parcel of land offers exceptional potential within the Development Plan Overlay Schedule 20 (DPO20) (STCA).

Key Property Highlights:

146 acres / 59.23 ha (approx.) of picturesque rural land
Current Zoning Rural Living Zone Schedule 3 with subdivision potential (STCA)
Breathtaking views of the Macedon Ranges
Ample water storage
Substantial shedding for machinery, livestock or storage
Multiple fenced paddocks
Prime Location 6 minutes (approx.) to Riddells Creek Station
10 minutes (approx.) to Gisborne township
35 minutes (approx.) to Melbourne Airport

The Existing Residence -
Privately set back from the road, the existing family home offers a peaceful country lifestyle with expansive rural views. Designed for country living, the home features:
Two spacious living areas
Central kitchen
Formal and informal dining spaces
Four bedrooms, including master with ensuite
Dedicated study
Double garage

A rare opportunity awaits. Enjoy the best of both worlds a charming lifestyle property with future development potential. Don't miss your chance to secure this prime Macedon Ranges holding.

For further details or to arrange an inspection, contact Jason Kennedy on 0417 383 235 today!

***PHOTO ID REQUIRED AT INSPECTIONS***

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 31 Murray Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
  • 04 Aug 2025
    Listed for Sale $6,000,000
  • 21 Feb 2025
    Listed for Sale $6,000,000
  • 30 Jun 2023
    Listed for Sale Contact Agent
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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 6,039 properties. Over the last 5 years, Houses in Gisborne have seen a 15.09% increase in median value, while Units have seen a 9.75% increase. As at 30 November 2025:

  • The median value for Houses in Gisborne is $1,000,353 while the median value for Units is $609,561.
  • Houses have a median rent of $650 while Units have a median rent of $490.
There are currently 93 properties listed for sale, and 9 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 328 properties were sold in the past 12 months in Gisborne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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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