35 Magnet Lane, New Gisborne$1.87m
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For Salehouse

35 Magnet Lane

New Gisborne, VIC 3438, Australia
$1.79m – $1.95m
5 bed 3 bath 3 car6179 m²

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About this property

"Why we like the property" (agent perspective) From the moment you arrive, Sherbru Lodge makes a lasting impression. The grand foyer sets the tone for a home of scale, warmth and versatility, with beautifully zoned living spaces that cater effortlessly to family life, work-from-home needs and entertaining. The seamless indooroutdoor connection, multiple living areas and resort-style features create a property that feels both luxurious and welcoming. "What the property offers" (property perspective) Set across two generous levels, the home comprises five bedrooms, four with built-in robes, plus a dedicated home theatre. The main bedroom is a true retreat, featuring a spacious walk-in robe, ceiling fan, private balcony access and an ensuite with spa bath and double vanity. Main bathroom with shower service the home, along with a three-car garage. Living zones are abundant, including a formal lounge with split system, a dining area with fireplace, a theatre room, a separate studio/accommodation and a home office downstairs. Main living areas upstairs have ducted heating and cooling. The well-appointed kitchen offers a dishwasher and ample storage, with café doors opening to the balcony. Polished timber boards, ceiling fans and thoughtful design complete the interior, along with a new 10kw solar system and 3 phase power. "What you love about the property" (vendor perspective) The expansive balcony and deck are the perfect place to relax or entertain while overlooking the stunning gardens. Outdoors, the property truly shines with its manicured grounds, putting green and Balinese-style gazebo, creating a private, resort-inspired sanctuary to enjoy year-round.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
3
Land Area
6179 m²
Listed
3 months ago

Repayment calculator

$9,078/month
$4,539 /fortnight
Loan $1,498,000 at 6.10% over 30 years

Upfront costs

Deposit$374,500
Stamp duty$102,988
Conveyancing (est.)$2,000
Total upfront$479,488
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 5-bedroom house in New Gisborne, VIC 3438 sits within reach of public transport, and nearby schools. It is listed 94% above the $964,638 median of 70 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)1.7 km away
  • Unnamed857 m away
  • Ross Watt Reserve1.0 km away
  • Unnamed1.4 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

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