1/24 Magnet Lane, New Gisborne, VIC 3438 sold on 23 July 2026 | OnTheHouse
SOLD
Sold on 23 Jul 2026 for $1,390,000

1/24 Magnet Lane
New Gisborne VIC 3438

Bedrooms: 4
Bathrooms: 2
Car spaces: 9
Floor area: 300m2
Land area: 11715m2
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Property Details for 1/24 Magnet Lane, New Gisborne

1/24 Magnet Lane, New Gisborne is a 4 bedroom, 2 bathroom Unit with 9 parking spaces and was built in 1985. The property has a land size of 11715m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 4 bedroom Unit sold in New Gisborne in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
300m2
Land Size
11715m2
Local Government
Macedon Ranges
Lot/Plan
1/PS803483

Last Listing description (January 2021)

This classic English style Tudor home is surrounded by a mature landscaped gardens commanding absolutely majestic views. The home is set on 1.17HA, beautifully secluded within a short walk or drive to the township of Gisborne.
The two storey home offers space and luxury with two expansive living zones, including four bedrooms, three bathrooms and an ultra-modern kitchen. A huge formal lounge with cathedral ceilings and open fireplace provides a grand entertaining space whilst the upstairs living is more relaxed with a self-contained aspect including kitchenette.
A short distance to all township amenities, rail to Melbourne and Freeway access. 50 mins to CBD and 30 minutes to the International Airport.

Other features include town water and excellent backup water storage, full landscaping, immaculate presentation, quality heating, double garage, and natural rock escarpment. A remarkable opportunity to acquire a true lifestyle property on the door step of Gisborne and the Macedon Ranges.

Property History for 1/24 Magnet Lane, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
Last Sold
$1,390,000
23 Jul 2026
  • 23 Jul 2026
    Sold for $1,390,000
  • 02 Aug 2021
    Sold for $1,458,000
  • 02 Nov 2020
    Listed for Sale Contact Agent
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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 1,629 properties. Over the last 5 years, Houses in New Gisborne have seen a 7.75% increase in median value, while Units have seen a 7.56% increase. As at 31 August 2026:

  • The median value for Houses in New Gisborne is $995,486 while the median value for Units is $560,064.
  • Houses have a median rent of $650.
There are currently 34 properties listed for sale, and 5 properties listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in New gisborne.

Suburb Insights for New Gisborne 3438

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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.