5 Bruce Court, Gisborne, VIC 3437 | House for sale | OnTheHouse
FOR SALE
$1,500,000

5 Bruce Court
Gisborne VIC 3437

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1888m2
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MODERN 5-TOWNHOUSE DEVELOPMENT IN PRIVATE COURT LOCATION – READY TO GO WITH PLANS & PERMITS

Developers and investors take note—your next project is here, fully prepared and ready to begin. All the hard work has already been taken care of, with stamped plans and permits in place for the construction of 5 ultra-modern, stylishly designed 3-bedroom townhouses. Situated in a quiet court location within walking distance to Gisborne’s town centre, this impressive half-acre (approx.) allotment offers an outstanding opportunity to step straight into a development with minimal obstacles and maximum potential. The thoughtful design of the development balances modern living with neighbourhood amenity. Two of the proposed residences are double-storey homes, each featuring 3 bedrooms, 2 bathrooms, a dedicated home office, 2 separate living areas and a double integrated garage. The remaining 3 homes are cleverly designed single-storey residences, offering 3 bedrooms, 2 bathrooms, a spacious open-plan living area and a single integrated garage, perfectly catering to a wide buyer demographic. With interest rates falling and buyer demand on the rise, now is the ideal time to capitalise on this exceptional opportunity. All planning and building permits are approved, allowing you to bypass the costly and time-consuming hurdles that often delay projects of this scale. Ideally positioned in an established residential area, the site benefits from close proximity to local schools, shops, cafés, public transport and the Calder Freeway, ensuring strong market appeal for future buyers or tenants. This is a rare chance to take advantage of a well-prepared development site in the strengthening Macedon Ranges property market—ready to be transformed into a modern lifestyle community.
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Property Details for 5 Bruce Ct, Gisborne

5 Bruce Ct, Gisborne is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1888m2. The place is currently for sale with ConnectRealEstate Pty Ltd.

Building Type
House
Land Size
1888m2
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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. There are 33 parks, covering nearly 38.2% of the 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 6,007 properties. Over the last 5 years, Houses in Gisborne have seen a 11.28% increase in median value, while Units have seen a 10.08% increase. As at 30 April 2026:

  • The median value for Houses in Gisborne is $999,196 while the median value for Units is $596,015.
  • Houses have a median rent of $675 while Units have a median rent of $498.
There are currently 102 properties listed for sale, and 8 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 350 properties were sold in the past 12 months in Gisborne.

Suburb Insights for Gisborne 3437

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Helen Sankey
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Charlee Walker
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ConnectRealEstate Pty Ltd
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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.