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Suburb profile ·Macedon Ranges LGA · VIC ·3438

New Gisborne VIC 3438

New Gisborne is in Macedon Ranges LGA, VIC, postcode 3438, with population 2,509.

Median house $850K -2.9% YoY
Median rent $580/wk Rent context available
Gross yield 3.5% Below investor band
Population 2,509 3K local footprint
Schools 3 Matched school context
Decision trust

Strong evidence

New Gisborne has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

7
Available
0
Verify
1
Missing
Rent context available

New Gisborne has usable rent context. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.

Open matching rent ranking
Development momentum

219 latest-year approvals in Macedon Ranges, +0.0% YoY; population +1.6% YoY (1.4% 5yr).

Open development signals
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2023 · Manual release refresh
fragile source · automated · every update · annual
Available
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · 3 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 21 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Rent context available

New Gisborne has usable rent context. Snapshot rent $580/wk.

LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.

Source level LGA fallback Confidence Provisional Period Sep 2025
Evidence depth
Strong evidence

New Gisborne has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
7

Property prices, Market rent, Crime, Schools

Verify
0

No fallback or lower-precision signals flagged.

Missing
1

Hospitals

Decision intelligence
Livability-led

New Gisborne currently reads as a livability-led candidate.

School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal. No major decision caution is visible from the current evidence layer.

Recommended next step

Compare it against a contrasting suburb before turning it into a decision.

Why it fits

School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.

What to check

No major caution is visible beyond the normal source checks.

Decisive gaps

No decisive evidence gap was detected from the current inputs.

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: 3 matched, including New Gisborne Primary School, Holy Cross Primary School, Global Village Learning.
Crime: 4,801 per 100k at the Macedon Ranges LGA level.
Transport: 21 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

New Gisborne VIC

Postcode 3438 · Macedon Ranges LGA

New Gisborne is a smaller suburb in Victoria within the Macedon Ranges local government area (postcode 3438). With a population of 2,509, the suburb has an established demographic with a median age of 41. Households earn a median income of $119K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.

The median house price in New Gisborne is $850,000, having dipped slightly 2.9% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,950.

New Gisborne is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1062, which is above the national average of 1,000. Public transport access includes 9 rail stations, 12 bus stops. The crime rate in the Macedon Ranges LGA is moderate at 4,801 incidents per 100,000 population.

From an investment perspective, New Gisborne offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($850K/$875K). The price-to-income ratio of 7.2x is considered moderate. House prices have moved -2.9% year-on-year. Population growth of +1.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Investment signals
Rental Yield3.5% Moderate Yield
Price vs State$850K/$875K Near Median
Affordability7.2x Moderate
Price Momentum-2.9% Falling
Pop. Growth+1.6% Stable
Development+0% Steady
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage10/10
Education9/10
Economic9/10
Disadvantage9/10
Latest prices (state valuers)
Median house
$850K
-2.9% YoY
Census 2021 (ABS)
Median rent /wk
$451
Population
2,509
Demographics
Median age41
Household size2.9
HH income /wk$2,279
Personal income /wk$874
Mortgage /mth$1,950
Crime (Macedon Ranges LGA)
Crime rate (per 100k)4,801
Total incidents2,620
Transport
Rail stations9
Bus stops12
Argyle St/Station Rd
Farrell St/Station Rd
Gisborne Station
Gisborne Station/Early St
Lonhro Ct/Station Rd
Schools (3)
Avg ICSEA1062
Total students847
Government1
Catholic1
Independent1
New Gisborne Primary SchoolPrimary · Government · ICSEA 1080
Holy Cross Primary SchoolPrimary · Catholic · ICSEA 1063
Global Village LearningCombined · Independent · ICSEA 1042
Population growth (Macedon Ranges LGA)
Population (2025)54,464
5-year growth+1.4% CAGR
YoY change+1.6%
Development (Macedon Ranges LGA)
Approvals (2026)219
Houses191
Units28
YoY change+0%
Data status
Property prices
VIC Property Sales Report · 2023 · Release dataset
Available
Market rent
State rent dataset · Sep 2025 · Market dataset
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 3 schools matched
Available
Hospitals
AIHW
Missing
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP · 2025 · Annual estimate
Available
Building approvals
ABS Building Approvals · 2026 · Annual series
Available
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2023
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

New Gisborne FAQ

Common questions
  1. What LGA is New Gisborne in?

    New Gisborne is in the Macedon Ranges Local Government Area, VIC, postcode 3438. Council-level context for Macedon Ranges LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in New Gisborne?

    The current median house price in New Gisborne, VIC is $850K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in New Gisborne?

    The median weekly rent in New Gisborne is $580/wk, based on the current market rent dataset. The current rent signal is rent context available.

  4. What does the rent signal say about New Gisborne?

    Rent context available: New Gisborne has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is New Gisborne a good investment?

    QuickProperty's investment signals for New Gisborne show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for New Gisborne?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the New Gisborne data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.