84 Payne Road, New Gisborne, VIC 3438 | Land for sale | OnTheHouse
FOR SALE
Contact Agent

84 Payne Road
New Gisborne VIC 3438

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 66004m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Prime Land Banking Opportunity – 16.31 Acres (Approx.) Adjacent to Gisborne Business Park

SALE BY SET DATE CLOSES MONDAY 31ST AUGUST 2026 AT 4:00PM (UNLESS SOLD PRIOR)
Please email us to receive the information pack.
Positioned in one of New Gisborne's most strategic growth locations, this exceptional 6.61-hectare (16.31-acre approx.) property presents an outstanding opportunity for investors, developers and astute buyers seeking a premium land banking investment. Zoned Rural Living Zone – Schedule 5 (RLZ5), the property directly adjoins Pioneer Way (in the Gisborne Business Park), placing it in a highly strategic position surrounded by ongoing commercial and industrial growth. Set on approximately 16.31 acres (6.61 hectares), the property also features an existing four-bedroom home, offering the perfect balance of lifestyle and future potential. Ideally located approximately 59km from Melbourne CBD, 47km from Melbourne Airport, and 21km from Sunbury, this significant landholding offers exceptional convenience while benefiting from its position within one of the region's fastest-growing corridors. Whether you're looking to secure a premium land banking opportunity or invest in a substantial holding with exciting long-term prospects, subject to all relevant approvals in the future, this is a rare opportunity to acquire a property of exceptional scale, strategic location and outstanding long-term potential.
Disclaimer: All information provided regarding future zoning, development potential, commercial use, planning schemes, infrastructure projects or rezoning possibilities is indicative only and subject to change without notice. No warranty or representation is made that any rezoning, commercial use, development approval or planning amendment will occur. Interested parties must rely on their own investigations and obtain independent planning, legal and professional advice before making any purchasing decision.
Neither the vendor nor the selling agent accepts any responsibility or liability for the accuracy or completeness of any information contained herein or for any loss arising from reliance upon it.
All interested parties are strongly encouraged to undertake their own due diligence.
View Statement of Information

Property Details for 84 Payne Rd, New Gisborne

Building Type
Land
Land Size
66004m2
Commute Calculator

About New Gisborne 3438

The size of New Gisborne is approximately 26.2 square kilometres. There are 8 parks, covering nearly 3.2% of the 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 1,627 properties. Over the last 5 years, Houses in New Gisborne have seen a 1.64% increase in median value, while Units have seen a 4.67% increase. As at 31 July 2026:

  • The median value for Houses in New Gisborne is $937,304 while the median value for Units is $544,748.
  • Houses have a median rent of $650.
There are currently 30 properties listed for sale, and 5 properties listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 71 properties were sold in the past 12 months in New gisborne.

Suburb Insights for New Gisborne 3438

Market Insights
New 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
New 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
Contact agent
agent headshot
Walter Mahch
Show contact details
BARRY PLANT KEILOR EAST
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
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.