4/1 Cover Drive, New Gisborne, VIC 3438 | Property Value & History | OnTheHouse
 
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4/1 Cover Drive
New Gisborne VIC 3438

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 192m2
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Last updated 15 Dec 2025
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Property Details for 4/1 Cover Dr, New Gisborne

4/1 Cover Dr, New Gisborne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 192m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2018
Floor Size
109m2
Land Size
192m2
Local Government
Macedon Ranges
Lot/Plan
9/PS733779

Last Listing description (July 2023)

Look no further than this beautifully fitted out two-bedroom townhouse in Baringo Village completed in 2018. Other homeowners proudly promote the special atmosphere of the estate and the society that has evolved. There is an outstanding level of community that residents can tap into if desired.
Featuring a well-appointed kitchen with a gas burner cooktop, stone benches, ample storage and stainless dishwasher. A separate dining area which spills out to the outdoor entertaining area and a spacious living area are filled with natural light. Upstairs is a spacious master bedroom with BIRs and luxe en-suite, plus a slightly smaller second bedroom also with its own en suite, perfect for a house share. In addition, there is a bright and private study nook.
Other features include a laundry, powder room and remote-control garage for one car and a second car space to the rear for off street parking. The house features double glazed windows, ducted heating and refrigerated cooling, a low maintenance green front garden and sealed back yard for easy entertaining.

All this within a short stroll to the lauded Baringo Food and Wine Co, Gisborne train station and bus to Gisborne township. By car, 35 minutes to Melbourne airport and 55 minutes to CBD.

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Property History for 4/1 Cover Dr, New Gisborne, VIC 3438

A timeline of how this property has performed in the market
Last Sold
$730,000
21 Aug 2021
Listed for Rent
$500/w
20 Oct 2021
  • 12 Jan 2023
    Listed for Sale Contact Agent
  • 15 Sep 2021
    Listed for Rent $500 / week
  • 21 Aug 2021
    Sold for $730,000
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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 1,623 properties. Over the last 5 years, Houses in New Gisborne have seen a 18.87% increase in median value, while Units have seen a 13.03% increase. As at 30 November 2025:

  • The median value for Houses in New Gisborne is $933,726 while the median value for Units is $567,412.
  • Houses have a median rent of $650.
There are currently 17 properties listed for sale, and 1 property listed for rent in New gisborne on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in New gisborne.

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