NEW GISBORNE 3438
State: VICPosiProp AI Investment Summary
NEW GISBORNE (VIC 3438) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 5.4%, with a median house buy price of $920,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$885,000
$860,000
$1,147,500
$920,000
Suburb Market Profile
Last month New Gisborne had 6 properties available for rent and 22 properties for sale. Median property prices over the last year range from $920,000 for houses to $638,000 for units. If you are looking for an investment property, consider houses in New Gisborne rent out for $650 PW with an annual rental yield of 4.0% and units rent for $480 PW with a rental yield of 5.3%. New Gisborne has seen an annual compound growth rate of 5.4% for houses and 17.1% for units.
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