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33 Cherry Lane, Gisborne$2.10m
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33 Cherry Lane

Gisborne, VIC 3437, Australia
$2m – $2.20m
4451 m²

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About this property

Positioned on Cherry Lane with elevated outlooks over Gisborne township, this presents a rare opportunity on 4,451m2 (approx.) for a potential 10-unit development, or just over 1 acre (approx.), with a prized rectangular landholding backing onto stunning views across Jackson Creek to Mount Gisborne. The plans comprise 10 dwellings, including 8 double-storey residences and 2 single-storey homes, supported by a tasteful material and colour schedule and a complete landscaping plan. Designed to maximise the site's scale, shape, and outlook, the development offers strong lifestyle appeal in a premium Gisborne setting. Its location places future residents within walking distance of bus stops and Swinburne Avenue Children's Centre, while remaining close to the train station, Gisborne village shops and cafés, supermarkets, and a strong selection of schools. The property is zoned for New Gisborne Primary School and Gisborne Secondary College and is also close to Gisborne Montessori School and Holy Cross Catholic Primary School. Lifestyle appeal is paramount, with Gisborne's everyday ease enhanced by Macedon Ranges views, green space, and proximity to established amenities, with a compelling balance of township connection and scenic beauty. With Melbourne's CBD around a 45-minute drive away, it is a significant project in one of Gisborne's most desirable growth settings.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
4451 m²
Listed
2 weeks ago

Repayment calculator

$10,181/month
$5,090 /fortnight
Loan $1,680,000 at 6.10% over 30 years

Upfront costs

Deposit$420,000
Stamp duty$116,500
Conveyancing (est.)$2,000
Total upfront$538,500
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 Gisborne

This land in Gisborne, VIC 3437 sits within reach of public transport, local shops and nearby schools. It is listed 119% above the $960,000 median of 74 comparable landswithin 5 km.

Schools near Gisborne

  • Gisborne Primary Schoolprimary · Prep-6 · CoEd
  • St Brigid's Schoolprimary · Prep-6 · CoEd
  • Willowbank Primary Schoolprimary · Prep-6 · CoEd
  • Gisborne Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)2.1 km away
  • Petstock Country Gisborne894 m away
  • Banksia Reserve438 m away
  • Jacksons Creek Reserve745 m away
  • Unnamed955 m away

Gisborne at a glance

Full suburb profile
Population
10,142
Median age
39
Household income
$2,294/wk
Median rent
$423/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Gisborne price trend

Median sold · House 4 bed

Compound growth -1.3% / yr over 4 yrs

$1.07mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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