40 Magnet Lane, New Gisborne is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 18582m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
A fascinating family home set in beautiful rural surrounds with 180 degree picturesque views over Gisborne. Rock wall fencing add to the character of this spacious family friendly home, boasting 5 large bedrooms, plus study & full en-suite. Spacious lounge/dining with bay window which captures the spectacular outlook. Complete with a well appointed open plan kitchen/meals, adjoining family room and a separate grand entertaining room with large double glazed window and a cozy fireplace. Additional features of the home include; front and back verandah's, undercover outdoor entertaining area, 4 car garage with workshop, two separate carports, town water, 3 large water tanks, 6kw solar system with 19 panels and beautiful established gardens.
Contact Ken Grech to express your interest - 0418 509 710
It is a condition of entering the property that you wear a face mask
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 1,621 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:
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