122 Payne Road, New Gisborne, VIC 3438 | Property Value & History | OnTheHouse
 
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122 Payne Road
New Gisborne VIC 3438

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 601m2
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Property Details for 122 Payne Rd, New Gisborne

Building Type
Land
Land Size
601m2
Local Government
Macedon Ranges
Lot/Plan
3/PS805807

Last Listing description (February 2023)

A perfectly located piece of land situated in the industrial area of New Gisborne, this is a great opportunity for developers and builders to fulfil their dreams.

Future development in the area will only further enhance the appeal of this property given it is close to Gisborne and Calder Freeway, a major freeway going to Melbourne, and it is ideal for those looking to construct factories/warehouses as it is Industrial Zone 1.

*Key Property Highlights

- 600 sqm
- Industrial Zone 1
- Located minutes from Gisborne and Calder Freeway
- Located in an ideal industrial location in New Gisborne

Contact David Pino TODAY and find out more about incredible opportunity on
0467 280 803!

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Property History for 122 Payne Rd, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
Last Sold
$462,000
11 Oct 2022
  • 11 Oct 2022
    Sold for $462,000
  • 08 Sep 2022
    Listed for Sale $420,000+gst
  • 22 Jun 2021
    Sold for $328,900
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About New Gisborne 3438

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:

  • The median value for Houses in New Gisborne is $953,191 while the median value for Units is $577,782.
  • Houses have a median rent of $650.
There are currently 27 properties listed for sale, and 2 properties listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 76 properties were sold in the past 12 months in New gisborne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

Disclaimer
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