171 Ross Watt Rd, Gisborne, VIC 3437 | Property Value & History | OnTheHouse
 
FOR SALE

Ross Watt Road
Gisborne VIC 3437

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 515343m2
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This property is currently on the market
127-Acre Land Opportunity Close to Melbourne
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Property Details for 171 Ross Watt Rd, Gisborne

Building Type
Rural
Land Size
515343m2
Local Government
Macedon Ranges
Lot/Plan
1/PS902520

Last Listing description (December 2025)

Just one hours drive from Melbourne, this 127-acre (approx.) parcel of land presents a rare opportunity to develop (STCA) a substantial piece of real estate in the Macedon Ranges, one of Victorias most desirable regions.

With views of Mount Macedon, this expansive plot offers a blank canvas: create a multi-generational home, build a weekend getaway (STCA). Whatever you choose, the prime location of this plot will always be in demand.

An easy commute to Melbourne by car or train, a 30-minute drive to Melbourne Airport, and a 10-minute drive to local shops, schools and amenities of Gisborne, Macedon and Woodend, this is a perfect balance between convenience and tranquillity.

The property borders a reservoir and has existing dams and farm sheds. Multiple building envelopes provide a location for a dream home of your own design or for those ready to move quickly, select from one of the architecturally designed packages already created for this plot (STCA).

Whether youre ready to build now or just want to invest in the future, this 127-acre opportunity is a rare chance to own a substantial piece of land.

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Property History for 171 Ross Watt Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
  • 05 Dec 2025
    Listed for Sale Private Sale
  • 10 Jul 2025
    Listed for Sale Private Sale
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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 6,050 properties. Over the last 5 years, Houses in Gisborne have seen a 19.92% increase in median value, while Units have seen a 9.22% increase. As at 31 December 2025:

  • The median value for Houses in Gisborne is $1,040,145 while the median value for Units is $608,657.
  • Houses have a median rent of $650 while Units have a median rent of $495.
There are currently 103 properties listed for sale, and 7 properties listed for rent in Gisborne on OnTheHouse. According to Cotality's data, 332 properties were sold in the past 12 months in Gisborne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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