122 Payne RoadNew Gisborne VIC 3438
Property Details for 122 Payne Rd, New Gisborne
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
- 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!
Property History for 122 Payne Rd, New Gisborne, VIC 3438
- 11 Oct 2022Sold for $462,000
- 08 Sep 2022Listed for Sale $420,000+gst
- 22 Jun 2021Sold for $328,900
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0About 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 1,620 properties. Over the last 5 years, Houses in New Gisborne have seen a 12.51% increase in median value, while Units have seen a 12.47% increase. As at 30 April 2026:
- The median value for Houses in New Gisborne is $937,383 while the median value for Units is $591,329.
- Houses have a median rent of $650.
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