Median price trend for houses
Based on 6 sales in the preceding 12 months
$1,990,000
Up 19.2% over 12 months
- 5+ bed
- $2.45m
Aerial view
Imagery © Esri
The quick read on
Gisborne South
VIC 3437 · Macedon Ranges
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,990,000
- Population
- 854
- Postcode
- 3437
latest suburb median
ABS 2021
Gisborne South, Victoria
Property market insights for Gisborne South
Median sale price and rental income of properties in Gisborne South VIC
Median rent trend for houses
Based on 1 rental listings in the preceding 12 months
Up 92.6% over 12 months
Market data updated October 2026.
The median house price in Gisborne South, VIC is currently $1,990,000, based on the latest 12 months of sales. Gisborne South has a 12-month growth rate of 19.2% for houses.
Larger houses have a median sale price of $2,450,000 in Gisborne South.
The median house rent has increased 92.6% over the last 12 months.
Crime and safety
Is Gisborne South safe?
The overall rate for Gisborne South is 2,016 offences per 100,000 residents — 50% below the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Gisborne South.
Overall crime rate
2,016
offences per 100,000 residents
50% belowGreater Melbourne
Gisborne SouthGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Gisborne South?
Gisborne South VIC 3437 is in Victoria, within Greater Melbourne.
854 people call Gisborne South home, with an average of 2.9 people per household and a median household income of $2,799 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 854
- Median age
- 46 years
- Median mortgage
- $2,342 / month
- 2021 household rent
- $462 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1516.9%Below
15–3419.3%Below
35–5426.9%Below
55–7430.1%Above
75 and over6.7%In line
Homes
Share of occupied private dwellings.
Separate houses101.1%Above
Townhouses0.0%Below
Apartments0.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright49.3%Above
Paying a mortgage46.0%Above
Renting4.8%Below
Cars at home
Vehicles available to occupied households.
No car0.0%Below
One car11.4%Below
Two cars35.9%Below
Three or more52.7%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home27.5%Below
Drove to work51.2%Above
Train, tram or bus0.9%Below
Walked or cycled1.9%Below
What stands out in Gisborne South
27.5% of workers in Gisborne South worked from home on Census day.
2.7% of Gisborne South residents were born in England.
39.2% of people in Gisborne South described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Gisborne South
Open any question for a plain-English reading of the public 2021 Census for Gisborne South VIC 3437.
Is Gisborne South family-friendly?Age, family structure and household size describe the community families would be joining.
16.9% of Gisborne South's residents were children under 15 in the 2021 Census. That is close to the Greater Melbourne average.
254 family households lived in Gisborne South; 48.0% were couple families and 5.9% were one-parent families.
29.1% of local families included children under 15. That is well below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Gisborne South?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Gisborne South had 854 residents at the 2021 Census.
17.4% of residents were aged 25 to 44.
36.8% were 55 or older. That is well above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Gisborne South?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 101.1% of occupied private dwellings in Gisborne South.
Townhouses and other attached homes represented 0.0% of occupied private dwellings.
Flats and apartments accounted for 0.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Gisborne South?Tenure shows how many households own outright, have a mortgage or rent.
49.3% of households with a stated tenure owned their home outright. That is well above the Greater Melbourne average.
46.0% were buying their home with a mortgage.
4.8% rented their home. That is about half the Greater Melbourne rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Gisborne South?Household-size data shows the mix behind the suburb-wide average.
The average household in Gisborne South had 2.9 people.
One-person households made up 10.8% of occupied homes. That is about half the Greater Melbourne rate.
Two-person households represented 39.4%, while 37.3% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Gisborne South?Census-day travel shows the balance between home, road, public transport and active travel.
27.5% of workers worked from home on Census day. That is close to the Greater Melbourne average.
51.2% drove a car as their only travel method. That is somewhat above the Greater Melbourne average.
0.9% used only a train, tram or bus, while 1.9% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Gisborne South?Vehicle availability helps describe the routines local households can support.
0.0% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 11.4% of the total.
88.6% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Gisborne South, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
71.4% were at the same address five years earlier, while 28.6% reported a different address.
13.9% of residents were born outside Australia. That is about half the Greater Melbourne rate.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Gisborne South?Language at home gives a direct view of the community’s everyday linguistic mix.
87.1% of residents used only English at home.
6.9% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Gisborne South residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
13.9% of Gisborne South's population was born outside Australia, while roughly 86.1% was born in Australia.
0.0% of residents were born in China.
0.6% were born in India, while Australian citizenship across the whole suburb stood at 91.2%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Gisborne South?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 35.9% of ancestry responses in Gisborne South.
Australian ancestry made up 40.4% of responses.
Chinese ancestry represented 0.9% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Gisborne South?Occupation describes a person’s role; industry describes the sector employing them.
20.1% of employed residents worked in professional occupations. That is well below the Greater Melbourne average.
Managers accounted for 18.8% of employed residents, while clerical and administrative workers made up 15.7%.
Health care and social assistance employed 10.2% of workers, and education and training employed 10.0%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Gisborne South?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 63.0%, compared with 64.1% across Greater Melbourne.
36.6% of residents aged 15 and over worked full time, while 19.2% worked part time.
Unemployment was 3.3%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Gisborne South show?Selected long-term health conditions help describe community service needs.
62.2% reported no selected long-term health condition.
5.6% reported a long-term mental health condition, including depression or anxiety.
8.5% reported asthma, 8.0% arthritis and 4.7% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Gisborne South?Qualifications describe the study pathways represented among local residents.
24.8% of people in the qualifications table held a bachelor degree. That is well below the Greater Melbourne average.
Postgraduate degrees accounted for 5.2% of qualification responses.
Diploma-level qualifications represented 15.7%, while certificate-level qualifications represented 37.6%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Gisborne South?Census income and household payments give historical context for local living costs.
Median household income was $2,799 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,342.
Occupied renting households reported a median rent of $462 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Gisborne South compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 27.5% in Gisborne South, compared with 28.8% across Greater Melbourne.
Outright ownership was 49.3% locally and 30.7% across Greater Melbourne. That is well above the Greater Melbourne average.
Renting accounted for 4.8% in Gisborne South, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Gisborne South
Is Gisborne South expensive?
The median house price is $1,990,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Gisborne South good for families?
The Census counted 254 local families, and 16.9% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Gisborne South?
Larger houses have a median around $2,450,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Gisborne South
28 streets in Gisborne South
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Alexander Ln
- Benson Rd
- Berrie Rd
- Black Hill Rd
- Blackhill Road
- Cabbage Tree Ln
- Cadana Rd
- Couangalt Rd
- Fielding Dr
- Floreat Court
- Gilligan Rd
- Head Ln
- Heard Cr
- Hill View
- Horneman Rd
- Jeffrey Ct
- Lock Rd
- Lynne Ct
Show all 28 streetsShow fewer streets
- Mccorkelle Rd
- Mcgeorge Rd
- Millett Rd
- Mount Aitken Winery Dr
- Mt Aitkin Winery Dr
- Namnan
- Napier St
- Stanton Ct
- Tweddle Rd
- Tyrell Ct
12 suburbs surrounding Gisborne South
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Gisborne South right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.