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20 Farrell Street, New Gisborne$720,000
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For Salehouse

20 Farrell Street

New Gisborne, VIC 3438, Australia
$690,000 – $750,000
4 bed 2 bath 2 car795 m²

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About this property

"Why we like the property" (agent perspective) Set on a generous 795m² (approx.) allotment in a well-established pocket of New Gisborne, this home presents an increasingly rare opportunity for first home buyers, renovators and investors alike. Comfortable as is while still offering scope to add value over time, it combines practicality, space and future potential in a highly convenient location. What immediately stands out is the sense of openness both inside and out. The expansive backyard creates a true family setting, while the detached brick garage/studio adds flexibility for those needing extra storage, a workshop, creative space or work-from-home setup. We also love the lifestyle appeal of the location. Positioned within walking distance to schools, childcare, sporting facilities and the train station, and only moments from the New Gisborne township, it offers the perfect balance of quiet living and everyday convenience. "What the property offers" (property perspective) Positioned behind established gardens on a generous allotment, this inviting four-bedroom, two-bathroom home delivers comfortable family living with room to grow. Light-filled living spaces create a warm and welcoming atmosphere, while the practical kitchen offers ample storage and functionality for everyday living. Outside, the expansive backyard provides endless possibilities for entertaining, gardening, family gatherings or simply enjoying the peaceful surrounds. The fully fenced yard offers both privacy and security, while the detached brick lock-up garage/studio adds an extra layer of practicality and versatility. Whether you are looking for your first home, a renovation project or an investment in a tightly held New Gisborne location, this property offers outstanding potential and lifestyle appeal. "What you love about the property" (vendor perspective) We've loved the space and flexibility this home has provided over the years. The backyard has been a wonderful place to relax, entertain and enjoy time outdoors, and there's always been room for family, pets and hobbies. The location has also been a major highlight for us. Being so close to schools, sporting grounds, childcare, the train station and the town centre has made everyday life incredibly easy and convenient. It's a home filled with warmth, opportunity and great memories, and we know the next owners will enjoy it just as much as we have.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
795 m²
Listed
3 weeks ago

Repayment calculator

$3,491/month
$1,745 /fortnight
Loan $576,000 at 6.10% over 30 years

Upfront costs

Deposit$144,000
Stamp duty$38,270
Conveyancing (est.)$2,000
Total upfront$184,270
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 4-bedroom house in New Gisborne, VIC 3438 sits within reach of public transport, and nearby schools. It is listed 26% below the $967,938 median of 73 comparable houseswithin 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)954 m away
  • Ross Watt Reserve222 m away
  • Unnamed645 m away
  • Unnamed1.6 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.

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Suburb market

Suburb price trend

New Gisborne price trend

Median sold · House 4 bed

Compound growth -5.1% / yr over 4 yrs

$958kcurrent median

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Price history

Price history

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1 price change recorded for this property

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Within 5km

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