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 3.7% and has experienced a 12-month capital growth of Up 10.9%, with a median house buy price of $890,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$770,000
$860,000
$957,500
$890,000
Suburb Market Profile
Last month New Gisborne had 2 properties available for rent and 26 properties for sale. Median property prices over the last year range from $890,000 for houses to $585,000 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 3.7% and units rent for $510 PW with a rental yield of 4.8%. New Gisborne has seen an annual compound growth rate of 10.9% for houses and 2.6% for units.