1/24 Magnet Lane, New Gisborne, VIC 3438 | House for sale | OnTheHouse
FOR SALE
$1,580,000

1/24 Magnet Lane
New Gisborne VIC 3438

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 2.5ac
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“Skyview”

“Why we like the property” (agent perspective)
As agents, we’re impressed by Skyview’s elevated position on Mount Magnet’s rocky escarpment, delivering unmatched views of Mount Macedon and the plains. The renovated kitchen with Miele induction cooktop and dishwasher is a chef’s delight, perfect for entertaining. Its easy access to local schools, Vline rail to Melbourne , and the Macedon Ranges’ renowned restaurants, wineries, and cafes makes it an exceptional choice for a family home or a relaxing weekender, with the CBD and airport just a comfortable drive away.
“What the property offers” (property perspective)
Skyview is a 5-bedroom, 3-bathroom home on 2.5 acres approx. of terraced gardens. The two-level design features a welcoming foyer, expansive living/dining areas with exposed beams and soaring ceilings, a downstairs bedroom with ensuite and separate toilet, and an integrated double garage via the laundry. Upstairs, the main bedroom includes a walk-in robe/ dressing room, bathroom, and private balcony through French doors. A luxurious bathroom with floor-to-ceiling tiling and a free-standing bathtub, plus a separate powder room, both with lovely natural light. The property includes electric car charging, zoned under-floor heating, split systems, ducted air conditioning, a 10,000-gallon water tank, bore, reticulated garden watering, town water, and 3-phase power.
“What you love about the property” (vendor perspective)
As owners, we’ve treasured Skyview’s serene atmosphere and the stunning vistas from its picture windows, creating a peaceful retreat. The open living spaces are perfect for family gatherings, and the sun-drenched -terraced gardens have been a joy to nurture. The main bedroom’s private balcony feels like a personal escape, making this home a cherished sanctuary.
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Property Details for 1/24 Magnet Lane, New Gisborne

1/24 Magnet Lane, New Gisborne is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 2.5ac. The place is currently for sale with BOUND REAL ESTATE.

Building Type
House
Land Size
2.5ac
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About New Gisborne 3438

The size of New Gisborne is approximately 26.2 square kilometres. It has 8 parks covering nearly 3.2% of total area. The population of New Gisborne in 2016 was 2387 people. By 2021 the population was 2509 showing a population growth of 5.1% in the area during that time. The predominant age group in New Gisborne is 10-19 years. Households in New Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Gisborne work in a professional occupation.In 2021, 86.70% of the homes in New Gisborne were owner-occupied compared with 85.90% in 2016.

New Gisborne has 1,623 properties. Over the last 5 years, Houses in New Gisborne have seen a 18.87% increase in median value, while Units have seen a 13.03% increase. As at 30 November 2025:

  • The median value for Houses in New Gisborne is $933,726 while the median value for Units is $567,412.
  • Houses have a median rent of $650.
There are currently 21 properties listed for sale, and 3 properties listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in New gisborne.

Suburb Insights for New Gisborne 3438

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Paul Bohan
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Damien Walder
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BOUND REAL ESTATE
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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.