20 Farrell StreetNew Gisborne VIC 3438
Property Details for 20 Farrell St, New Gisborne
20 Farrell St, New Gisborne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 795m2 and floor size of 148m2.This Property is currently listed for sale with BOUND REAL ESTATE
Last Listing description (May 2026)
Why we like the property (agent perspective)
Set on a generous 795m (approx.) allotment in a well-established pocket of New Gisborne, this home presents an increasingly rare opportunity for first home buyers, renovators and investors alike. Comfortable as is while still offering scope to add value over time, it combines practicality, space and future potential in a highly convenient location. What immediately stands out is the sense of openness both inside and out. The expansive backyard creates a true family setting, while the detached brick garage/studio adds flexibility for those needing extra storage, a workshop, creative space or work-from-home setup. We also love the lifestyle appeal of the location. Positioned within walking distance to schools, childcare, sporting facilities and the train station, and only moments from the New Gisborne township, it offers the perfect balance of quiet living and everyday convenience.
What the property offers (property perspective)
Outside, the expansive backyard provides endless possibilities for entertaining, gardening, family gatherings or simply enjoying the peaceful surrounds. The fully fenced yard offers both privacy and security, while the detached brick lock-up garage/studio adds an extra layer of practicality and versatility. Whether you are looking for your first home, a renovation project or an investment in a tightly held New Gisborne location, this property offers outstanding potential and lifestyle appeal.
What you love about the property (vendor perspective)
Weve loved the space and flexibility this home has provided over the years. The backyard has been a wonderful place to relax, entertain and enjoy time outdoors, and theres always been room for family, pets and hobbies. The location has also been a major highlight for us. Being so close to schools, sporting grounds, childcare, the train station and the town centre has made everyday life incredibly easy and convenient.
Its a home filled with warmth, opportunity and great memories, and we know the next owners will enjoy it just as much as we have.
Property History for 20 Farrell St, New Gisborne, VIC 3438
- 18 May 2026Listed for Sale $690,000-$750,000
- 29 Aug 1992Sold for $90,000
- 01 Apr 1985Sold for $62,000
Recent sales nearby
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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.
Suburb Insights for New Gisborne 3438
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