Median price trend for houses
Based on 34 sales in the preceding 12 months
$992,000
Up 13.8% over 12 months
- 2 bed
- $1.28m
- 3 bed
- $916k
- 4 bed
- $1.14m
- 5+ bed
- $1.01m
Aerial view
Imagery © Esri
The quick read on
New Gisborne
VIC 3438 · Macedon Ranges
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $992,000
- Median unit
- $638,000
- Population
- 2,509
- Postcode
- 3438
latest suburb median
latest suburb median
ABS 2021
New Gisborne, Victoria
Property market insights for New Gisborne
Median sale price and rental income of properties in New Gisborne VIC
Median rent trend for houses
Based on 22 rental listings in the preceding 12 months
$725 per week
Up 20.8% over 12 months
Market data updated October 2026.
The median house price in New Gisborne, VIC is currently $992,000, based on the latest 12 months of sales. New Gisborne has a 12-month growth rate of 13.8% for houses and 22.7% for units.
Two-bedroom houses have a median sale price of $1,280,000, Three-bedroom houses have a median sale price of $916,000, Four-bedroom houses have a median sale price of $1,140,000, Larger houses have a median sale price of $1,010,000 in New Gisborne.
If you're looking to lease, the median rent for houses in New Gisborne is $725 per week. The median house rent has increased 20.8% over the last 12 months.
The median price of apartments and units for sale in New Gisborne is $638,000, which has increased 22.7% since the same time last year. Two-bedroom apartments and units have a median sale price of $475,000 in New Gisborne. The median rent for units and apartments in New Gisborne is $462 per week and has decreased 2.7% over the last 12 months.
Crime and safety
Is New Gisborne safe?
The overall rate for New Gisborne is 1,298 offences per 100,000 residents — 68% 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 New Gisborne.
Overall crime rate
1,298
offences per 100,000 residents
68% belowGreater Melbourne
New GisborneGreater 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 New Gisborne?
New Gisborne VIC 3438 is in Victoria, within Greater Melbourne.
2,509 people call New Gisborne home, with an average of 2.9 people per household and a median household income of $2,279 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 2,509
- Median age
- 41 years
- Median mortgage
- $1,950 / month
- 2021 household rent
- $451 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1521.0%Above
15–3420.4%Below
35–5429.6%Above
55–7419.7%Above
75 and over9.3%Above
Homes
Share of occupied private dwellings.
Separate houses96.9%Above
Townhouses2.7%Below
Apartments0.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright40.5%Above
Paying a mortgage48.7%Above
Renting10.9%Below
Cars at home
Vehicles available to occupied households.
No car2.0%Below
One car23.8%Below
Two cars42.2%Above
Three or more32.7%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home25.2%Below
Drove to work53.9%Above
Train, tram or bus1.4%Below
Walked or cycled1.3%Below
What stands out in New Gisborne
25.2% of workers in New Gisborne worked from home on Census day — less common than across Greater Melbourne.
3.3% of New Gisborne residents were born in England.
46.3% of people in New Gisborne described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about New Gisborne
Open any question for a plain-English reading of the public 2021 Census for New Gisborne VIC 3438.
Is New Gisborne family-friendly?Age, family structure and household size describe the community families would be joining.
21.0% of New Gisborne's residents were children under 15 in the 2021 Census. That is somewhat above the Greater Melbourne average.
674 family households lived in New Gisborne; 53.7% were couple families and 10.5% were one-parent families.
42.7% of local families included children under 15. That is somewhat above the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of New Gisborne?The balance between younger adults, families and older residents changes how a suburb feels day to day.
New Gisborne had 2,509 residents at the 2021 Census.
20.5% of residents were aged 25 to 44.
29.0% were 55 or older. That is somewhat above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in New Gisborne?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 96.9% of occupied private dwellings in New Gisborne.
Townhouses and other attached homes represented 2.7% 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 New Gisborne?Tenure shows how many households own outright, have a mortgage or rent.
40.5% of households with a stated tenure owned their home outright. That is well above the Greater Melbourne average.
48.7% were buying their home with a mortgage.
10.9% 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 New Gisborne?Household-size data shows the mix behind the suburb-wide average.
The average household in New Gisborne had 2.9 people.
One-person households made up 16.7% of occupied homes. That is well below the Greater Melbourne average.
Two-person households represented 30.1%, while 36.4% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in New Gisborne?Census-day travel shows the balance between home, road, public transport and active travel.
25.2% of workers worked from home on Census day. That is somewhat below the Greater Melbourne average.
53.9% drove a car as their only travel method. That is well above the Greater Melbourne average.
1.4% used only a train, tram or bus, while 1.3% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in New Gisborne?Vehicle availability helps describe the routines local households can support.
2.0% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 23.8% of the total.
74.9% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to New Gisborne, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
70.8% were at the same address five years earlier, while 29.2% reported a different address.
11.3% 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 New Gisborne?Language at home gives a direct view of the community’s everyday linguistic mix.
91.1% of residents used only English at home.
4.8% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.1% spoke Hindi.
Home language is separate from English proficiency.
Where were New Gisborne residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
11.3% of New Gisborne's population was born outside Australia, while roughly 88.7% was born in Australia.
0.1% of residents were born in China.
0.3% were born in India, while Australian citizenship across the whole suburb stood at 93.2%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape New Gisborne?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 42.9% of ancestry responses in New Gisborne.
Australian ancestry made up 41.3% of responses.
Chinese ancestry represented 0.7% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in New Gisborne?Occupation describes a person’s role; industry describes the sector employing them.
23.7% of employed residents worked in professional occupations. That is somewhat below the Greater Melbourne average.
Managers accounted for 16.6% of employed residents, while clerical and administrative workers made up 12.6%.
Health care and social assistance employed 12.4% of workers, and education and training employed 10.9%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in New Gisborne?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 64.1%, compared with 64.1% across Greater Melbourne.
35.6% of residents aged 15 and over worked full time, while 22.3% worked part time.
Unemployment was 3.5%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of New Gisborne show?Selected long-term health conditions help describe community service needs.
59.7% reported no selected long-term health condition.
8.0% reported a long-term mental health condition, including depression or anxiety.
7.6% reported asthma, 7.6% arthritis and 2.9% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is New Gisborne?Qualifications describe the study pathways represented among local residents.
25.5% of people in the qualifications table held a bachelor degree. That is well below the Greater Melbourne average.
Postgraduate degrees accounted for 8.3% of qualification responses.
Diploma-level qualifications represented 18.7%, while certificate-level qualifications represented 29.4%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in New Gisborne?Census income and household payments give historical context for local living costs.
Median household income was $2,279 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,950.
Occupied renting households reported a median rent of $451 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does New Gisborne compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 25.2% in New Gisborne, compared with 28.8% across Greater Melbourne.
Outright ownership was 40.5% locally and 30.7% across Greater Melbourne. That is well above the Greater Melbourne average.
Renting accounted for 10.9% in New Gisborne, 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 New Gisborne
Is New Gisborne expensive?
The median house price is $992,000, while units and apartments sit at $638,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is New Gisborne good for families?
The Census counted 674 local families, and 21.0% 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 New Gisborne?
2-bedroom houses have a median around $1,280,000, 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 New Gisborne
80 streets in New Gisborne
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Angus
- Annie Catherine Ct
- Argyle Street
- Arwon Ct
- Barringo Rd
- Barry Rd
- Beatrice Ct
- Bracken Street
- Brocchi Rd
- Carbine Ct
- Chessy Park Dr
- Claude Cr
- Coleman Ct
- Colwyn Ct
- Comic Ct
- Constance
- Cooraminta Cr
- Correa
Show all 80 streetsShow fewer streets
- Cover Dr
- Crossmount Dr
- Dalray Cr
- Doriemus Ct
- Early St
- Elsa
- Eugenie Drive
- Eugenie Gr
- Fairway Drive
- Farrell St
- Ferrier Rd
- Galilee Ct
- Gallivan Rd
- Govans Ln
- Haines St
- Hamilton Rd
- Hastings Dr
- Hovea Grove
- Hurst Dr
- Hyperno Ct
- Joseph Ave
- Kemp Rd
- Kensei Ct
- Kilmore Rd
- Kirribilli Rd
- Kiwi Ct
- Kumbari Ct
- Ladd Rd
- Lim Ct
- Lonhro Ct
- Macedon Cl
- Magnet Ln
- Meek St
- Monaghan Rd
- Morrow Rd East
- Mount Macedon Rd
- Mount Vista Cl
- Mt Robertson Rd
- Muriel Avenue
- Newry Dr
- Octagonal Ct
- Parkers Rd
- Payne Rd
- Peavey Rd
- Peck Ct
- Pierce Rd
- Pioneer Way
- Plummer St
- Rimfire Ct
- Sauer Rd
- Saunders Rd
- Shannons Rd
- Station Rd
- Stern Way
- Thom St
- Vernon Cl
- Webb Cr
- Wills Ct
- Wodalla Gr
- Woodworth St
- Wooling Rd
- Zeal St
12 suburbs surrounding New Gisborne
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Is New Gisborne 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.