14 Hovea Grove, New Gisborne$539,000
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For Saleland

14 Hovea Grove

New Gisborne, VIC 3438, Australia
$539,000
689 m²

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Listing description

About this property

This prime titled block offers the rare chance to begin construction immediately in one of New Gisborne's most desirable pockets. The allotment is level with excellent site access, making the building process straightforward and efficient. Its east-west orientation captures beautiful northern light throughout the day, enhancing natural warmth and energy efficiency. The property enjoys a private reserve outlook, creating a leafy sense of space and tranquillity that's increasingly hard to find. With so few build-ready sites available in the area, opportunities like this are becoming exceptionally scarce. The location is ideal for families and commuters alike. Primary schools are close by, and parks and open green spaces are within easy walking distance. New Gisborne train station is conveniently accessible, offering smooth travel into Melbourne. Everyday essentials are also nearby, including a local tavern and medical centre. A superb, sun-smart block in a sought-after setting - ready for your dream home to take shape. Contact David Oliver - 0403 023 706

Property Details

Property Type
land
Listing Type
For Sale
Land Area
689 m²
Listed
2 months ago

Repayment calculator

$2,613/month
$1,307 /fortnight
Loan $431,200 at 6.10% over 30 years

Upfront costs

Deposit$107,800
Stamp duty$27,410
Conveyancing (est.)$2,000
Total upfront$137,210
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in New Gisborne

This land in New Gisborne, VIC 3438 sits within reach of public transport, and nearby schools. It is listed 44% below the $967,938 median of 72 comparable landswithin 5 km.

Schools near New Gisborne

  • Global Village Learningcombined · Prep-11 · CoEd
  • Holy Cross Primary Schoolprimary · Prep-6 · CoEd
  • New Gisborne Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Gisborne (train)618 m away
  • Unnamed598 m away
  • Ross Watt Reserve660 m away
  • Banksia Reserve2.3 km away

New Gisborne at a glance

Full suburb profile
Population
2,509
Median age
41
Household income
$2,279/wk
Median rent
$451/wk
Median mortgage
$1,950/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

New Gisborne is experiencing steady residential infill and subdivision activity typical of growth corridors in the Macedon Ranges, with incremental estate releases targeting outer Melbourne affordability. Town centre renewal initiatives and supporting infrastructure are advancing to service population growth, while schools and local retail facilities are expanding to meet demand from new residential precincts within 1-2km radius.

Nearby projects

5

Closest

0 km

New Gisborne Town Centre Renewal

500m1km1.5km2kmNew Gisborne Town Centre Renewal — 0.0 kmLocal Road Upgrade and Drainage Infrastructure — 0.5 kmRetail and Convenience Centre Development — 0.8 kmMacedon Ranges Residential Subdivision - Stage 2 — 1.2 kmNew Gisborne Primary School Expansion — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

New Gisborne Town Centre Renewal

0 km
Mixed-useApproved

Staged town centre revitalisation including retail, residential apartments and civic spaces along Main Street.

2026

0 m

Local Road Upgrade and Drainage Infrastructure

0.5 km
InfrastructureApproved

Macedon Ranges Shire Council-funded road widening and stormwater management across New Gisborne town fringe.

2025

500 m

Retail and Convenience Centre Development

0.8 km
CommercialProposed

Neighbourhood shopping centre with supermarket, specialty retail and food/beverage tenancies to service growing population.

2026

800 m

Macedon Ranges Residential Subdivision - Stage 2

1.2 km
Residential subdivisionUnder construction

Release of 80-120 residential lots targeting young families with mix of 400-600sqm blocks in established precinct.

2025

1.2 km

New Gisborne Primary School Expansion

1.5 km
Community infrastructureApproved

Additional classroom and multipurpose facility to accommodate enrolment growth from surrounding residential development.

2025

1.5 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

New Gisborne price trend

Median sold · House 4 bed

Compound growth -5.1% / yr over 4 yrs

$958kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full New Gisborne market

Within 5km

Nearby Properties

View all in New Gisborne