1/5 Morrow Road, Gisborne, VIC 3437 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Morrow Road
Gisborne VIC 3437

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 334m2
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Property Details for 1/5 Morrow Rd, Gisborne

1/5 Morrow Rd, Gisborne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 334m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
2011
Floor Size
115m2
Land Size
334m2
Local Government
Macedon Ranges
Lot/Plan
1/PS548862

Last Listing description (September 2024)

Elegantly renovated for effortless living, this charming home presents an exceptional lifestyle opportunity for investors, first-time buyers, and retirees alike. Ideally situated minutes from the town centre, the home showcases chic, stylish interiors that seamlessly blend functionality with modern elegance, offering a flawless fusion of convenience and low-maintenance ease in a picture-perfect package.

Single-level interiors flow from the welcoming entrance to the kitchen and living spaces, where a cosy freestanding wood-burning fireplace, polished concrete floors and crisp white walls complement quality appliances and abundant storage. Sliding doors open to the outdoor entertaining zones, where a built-in bar and deck offer the ideal place to gather with friends, overseeing lush lawns and minimal landscaping that will appeal to a green thumb or those looking for a carefree garden setting.

The north-facing front features double-glazed windows, offering a serene outlook to the front courtyard garden, whilst three well-appointed bedrooms include the main, which has a walk-in robe and semi-ensuite access to the chic bathroom. Each bedroom is equipped with robes, with the bathroom boasting feature floor tiles, a relaxing bath, and an on-trend floating vanity.

The renovated laundry adds to the appeal, while split system heating/cooling ensures year-round comfort and two carports provide ample parking. Set on 334m2 (approx.) and located within a 2-minute drive to the heart of town, with cafes, parks, and shopping nearby, and close access to the Calder Freeway for a smooth CBD commute, this is one home you won't want to miss.

Property History for 1/5 Morrow Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$595,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $595,000
  • 24 May 2024
    Listed for Sale Not Disclosed
  • 14 May 2011
    Sold for $349,000
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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 97 properties listed for sale, and 9 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in Gisborne.

Suburb Insights for Gisborne 3437

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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.