10 Thom St, New Gisborne is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 838m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Presenting an insane amount of potential in a prestige estate bordering Ross Watt Reserve and the Baringo Village precinct, this comparably affordable offering presents a rare opportunity to gain entry to this exclusive locale. Prior approvals for plans and permits for two townhouses set a fantastic precedent for a new build, either by easily reinstating the previous permits or creating a new build proposal (STCA).
Currently the home presents kitchen/meals, a large lounge, two bedrooms each with a built-in robe, and a generous bathroom with a shower and bath. The fairly level allotment also provides excellent side access, with a driveway leading to a freestanding shed/garaging.
The benefits of this prime New Gisborne location cannot be overstated. Rating high on a walkability score, it's within a short stroll of the V-Line train station, the Baringo gourmet food & wine complex, primary schools, and parks. Also close to Calder Freeway access for an easy commute to Melbourne's CBD, and the centre of Gisborne with its inviting shops, caf?s, restaurants, and amenities.
The size of New Gisborne is approximately 26.2 square kilometres. It has 8 parks covering nearly 3.2% of 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 1,625 properties. Over the last 5 years, Houses in New Gisborne have seen a 16.85% increase in median value, while Units have seen a 17.83% increase. As at 31 January 2026:
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