250 Hamilton Road, New Gisborne, VIC 3438 | Rural for sale | OnTheHouse
 
FOR SALE
$8,000,000

250 Hamilton Road
New Gisborne VIC 3438

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 235m2
Land area: 5.34ha
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Largest Parcel of Medium-Density Residential Zoning (STCA) in New Gisborne within the Gisborne Futures Structure Plan

Kennedy and Hunt Real Estate is proud to present 250 Hamilton Road, New Gisborne, to the market - an outstanding development opportunity within the recently adopted Gisborne Futures Structure Plan.
This is your chance to unlock the potential of this significant 5.34 ha (approx.) parcel, which boasts the largest proportion of medium-density residential zoning (STCA) within the framework plan. Medium-density residential zoning under the plan allows for 50 – 75 (max) dwellings per hectare, making this an exceptional investment opportunity.
The vision outlined within the future plan, "will see New Gisborne become a vibrant, self-sufficient, and sustainable community that provides for the daily needs of residents within a compact, walkable catchment, set against the magnificent backdrop of the Macedon Ranges".
Key Property Highlights:
• Precinct 2 – New Gisborne Medium Density in Gisborne Futures Structure Plan Adopted July 2024
• Largest medium-density parcel within the framework plan
• Current zoning: Rural Living Zone
• Views of the Macedon Ranges
• Divided into numerous fenced paddocks
• Town Water
See MoreView Statement of Information

Property Details for 250 Hamilton Rd, New Gisborne

Building Type
Rural
Floor Size
235m2
Land Size
5.34ha
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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 1,622 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 20 properties listed for sale, and 2 properties listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in New gisborne.

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Jason Kennedy
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