Gisborne at a glance
Median house
$927,500
Median unit
$610,000
Walk score
28
Car dependent
Population
10.1k
Median age 39
The brief
What to know about Gisborne.
The postcode for Gisborne is 3437 (VIC).
The median house price in Gisborne is $927,500.
Gisborne (3437) sits in the Moorabool region of Victoria. The median house here is $927,500, in line with the Victoria median of around $850K.
Gisborne has roughly 10,142 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
Side by side
Compare Gisborne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Gisborne scores 28/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 6 government primary, 1 government secondary, 2 Catholic, 2 independent.
Who lives here
Demographics.
The 2021 Census put Gisborne's population at 10,142, with a median age of 39. That sits as a typical family-age mix. Households are predominantly owner-occupied (82% own, 16% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (81% family households, 18% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
10,142
Median age
39
Family households
81%
Lone person
18%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $927,500 on a typical sale, in line with the Victoria median. Units come in around $610,000, roughly 34% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $186,000. Prices are in line with the Victoria median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$927,500
+0.0% over the past year. Median unit price $610,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$421/wk
Weekly rent (unit)
$423/wk
Owner occupied
82%
Renter occupied
16%
At a deeper level
$927,500
$610,000
10,142
Median age: 39
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For investors
Investment overview.
Gross rental yield on houses sits at 2.36% (median rent $421/wk against a $927,500 price tag). Units yield 3.61% gross, often the better cash-flow play for first-time investors. Renter share is modest (16%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.36%
Based on $927,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.61%
Based on $610,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202682%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
387
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
28
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Gisborne.
Local schools for Gisborne
View the catchment for each school to find out more.
Government School Catchment
Gisborne Primary School
Gisborne Secondary College
Willowbank Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Gisborne.
- What is the median house price in Gisborne?
- The median house price in Gisborne, VIC 3437 is $927,500. The median unit price is $610,000.
- What is the Gisborne postcode?
- Gisborne is in the 3437 postcode, in VIC, in the Moorabool Shire Council region.
- Where is Gisborne?
- Gisborne is a regional suburb in VIC, postcode 3437, in the Moorabool Shire Council region.
- What is the average rent in Gisborne?
- The median weekly rent for houses is $421, for units it's $423.
- What schools are in Gisborne?
- There are 11 schools serving Gisborne on this page, including Gisborne Primary School, St Brigid's School, Gisborne Secondary College.
- How walkable is Gisborne?
- Gisborne has a Walk Score of 28 out of 100, car-dependent for most errands. transit score 0, bike score 0.
- What suburbs are near Gisborne?
- Gisborne is close to New Gisborne, Gisborne South, Macedon, Riddells Creek, Bullengarook.
- What is the population of Gisborne?
- The population of Gisborne is approximately 10,142 (2021 Census). The median age is 39.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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