517 Melton Road, Gisborne, VIC 3437 | Property Value & History | OnTheHouse
OFF MARKET

517 Melton Road
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 320m2
Land area: 181639m2
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Property Details for 517 Melton Rd, Gisborne

Building Type
Rural
Year Built
1970
Floor Size
320m2
Land Size
181639m2
Local Government
Macedon Ranges
Lot/Plan
1/LP96067

Last Listing description (June 2024)

A masterpiece of modernist architecture, this beautiful and timeless stone and glass home has sweeping views across the Macedon Ranges from its elevated hilltop position.

Set on 47 acres (approx.) of rolling countryside - with potential for sub dividing in the future (STCA) - just 45 minutes from Melbourne, the double stone walled home has large floor-to-ceiling windows that connect the interior to the landscape in all directions.

Designed by award-winning architect Paul Couch and built by master stonemasons, the home was recently renovated with no expense spared to ensure the home is comfortable for decades to come. As well as being re-wired and re-plumbed, the home is setup for the 21st century, with a Starlink ultra high speed internet system (up to 200mps), commercial in-ceiling Wi-Fi access network and mobile telephone signal boost systems, a commercial CCTV camera system with remote access, remote gate access control and intercom system, and smoke, and smart alarm system. It is also highly energy efficient: all windows and skylights are double glazed, there is a 28-panel rooftop solar system on the new roof (which is insulated to the highest standards), and the highly efficient Stiebel Eltron smart heat pump hydronic heating system heats the entire house.


At the heart of the home is a chef-inspired kitchen which features top of the range Miele appliances (oven, steam oven, warming drawer, and dishwasher), a Barazza professional stainless-steel bench with integrated cooktop and large sink, and a long Tasmanian oak bench for meals and conversation. There is a walk-in pantry, Blum soft-close drawers and superb cabinetry (in Polytec?s Matt Legato) throughout.

Adjoining the kitchen is a large (11 x 7 metre) living and dining room which has a magnificent stone fireplace, built-in bookshelves, external access, and vast windows with garden views. On the other side of the kitchen is a family room with a Philippe Cheminee fireplace and two sets of double doors.

The master bedroom has floor-to-ceiling windows overlooking the garden and access to a private veranda. The master ensuite also adjoins the built-in robes. There are 3 other bedrooms, all with magnificent garden views. The main bathroom and laundry (which has a clothes drying cabinet) are easily accessible. There is also a Puretec high flow UV water filtration system throughout the home.

At the other end of the home is a spectacular home office which overlooks the Japanese-inspired courtyard and the glass temperature-controlled wine room. The theatre room has a 4k HD projector theatre system with Bowers & Wilkins surround sound speakers and electric remote controllable screen. The living and outdoor areas also have in ceiling speakers.

The long list of features continues outside: a tennis court, a 5 car garage with remote controlled doors, a shed with a separate workshop and storage room, a seasonal creek which supplies the dam, fenced paddocks ideal for horses or cattle with reticulated troughs, 2 large water tanks, a bore (not in use), vegetable garden, established trees and truly amazing views.

This unique property will be a prized possession for generations to come.

Proudly marketed by the team at Macedon Ranges Sotheby's International Realty

Property History for 517 Melton Rd, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$2,950,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $2,950,000
  • 12 Sep 2022
    Listed for Sale Private Inspection by Appointment
  • 21 Oct 2018
    Sold for $2,325,000
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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 6,038 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 96 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.

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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.