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20 Morrow Road East, New Gisborne$840,000
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20 Morrow Road East

New Gisborne, VIC 3438, Australia
$820,000 – $860,000
7754 m²

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About this property

Discover the perfect canvas for your dream home in the heart of New Gisborne (STCA). Set on an expansive allotment of approximately 7,754sqm, this exceptional vacant block presents a rare, golden opportunity to secure a prime position amongst the larger, established landholdings of New Gisborne - a truly unique offering in an increasingly tightly held area. With a generous building envelope, you'll have the flexibility to bring your vision to life - whether it's a sprawling family residence, a lifestyle retreat, or something truly bespoke. Surrounded by a peaceful, semi-rural atmosphere, the property delivers the privacy and tranquility you've been searching for, while still keeping you connected to everyday conveniences. Ideally located just moments from New Gisborne's reputable schools, easy Calder Freeway access and the nearby train station, commuting to Melbourne or enjoying local amenities is effortless. Opportunities of this size, calibre and location are becoming increasingly rare. Secure your slice of New Gisborne and create something truly special in one of the area's most prized settings. DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence. Consumer Affairs Due Diligence Checklist: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Property Details

Property Type
land
Listing Type
For Sale
Land Area
7754 m²
Listed
2 months ago

Repayment calculator

$4,072/month
$2,036 /fortnight
Loan $672,000 at 6.10% over 30 years

Upfront costs

Deposit$168,000
Stamp duty$45,470
Conveyancing (est.)$2,000
Total upfront$215,470
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 16% below the $995,000 median of 70 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)1.8 km away
  • Unnamed794 m away
  • Ross Watt Reserve1.2 km away
  • Unnamed1.5 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

Listing price changes

2 price changes recorded for this property

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Within 5km

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