New Gisborne at a glance
Median house
$915,000
Median unit
$308,880
Walk score
0
Very car dependent
Population
2,509
Median age 41
The brief
What to know about New Gisborne.
The postcode for New Gisborne is 3438 (VIC).
The median house price in New Gisborne is $915,000.
New Gisborne (3438) sits in the Macedon Ranges region of Victoria. The median house here is $915,000, in line with the Victoria median of around $850K.
New Gisborne has roughly 2,509 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare New Gisborne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
New Gisborne scores 0/100 on walkability, which makes it car-dependent 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, 3 independent.
Who lives here
Demographics.
The 2021 Census put New Gisborne's population at 2,509, with a median age of 41. That sits as a typical family-age mix. Households are predominantly owner-occupied (87% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (82% family households, 17% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
2,509
Median age
41
Family households
82%
Lone person
17%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $915,000 on a typical sale, in line with the Victoria median. Units come in around $308,880, roughly 66% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $183,000. 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
$915,000
+0.0% over the past year. Median unit price $308,880.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$451/wk
Weekly rent (unit)
$451/wk
Owner occupied
87%
Renter occupied
11%
At a deeper level
$915,000
$308,880
2,509
Median age: 41
Free appraisal
What’s your home worth in New Gisborne?
A local agent who actually sells in New Gisborne will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Free guide · 2026 edition
Thinking of selling in New Gisborne?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to New Gisborne, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in New Gisborne?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for New Gisborne
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 2.56% (median rent $451/wk against a $915,000 price tag). Units yield 7.59% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), 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 20262.56%
Based on $915,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20267.59%
Based on $308,880 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 202687%
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.
74
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.
0
0
25
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in New Gisborne.
Local schools for New Gisborne
View the catchment for each school to find out more.
Government School Catchment
New Gisborne Primary School
Gisborne Primary School
Gisborne Secondary College
© 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 New Gisborne.
- What is the median house price in New Gisborne?
- The median house price in New Gisborne, VIC 3438 is $915,000. The median unit price is $308,880.
- What is the New Gisborne postcode?
- New Gisborne is in the 3438 postcode, in VIC, in the Macedon Ranges Shire Council region.
- Where is New Gisborne?
- New Gisborne is a regional suburb in VIC, postcode 3438, in the Macedon Ranges Shire Council region.
- What is the average rent in New Gisborne?
- The median weekly rent for houses is $451, for units it's $451.
- What schools are in New Gisborne?
- There are 12 schools serving New Gisborne on this page, including Global Village Learning, Holy Cross Primary School, New Gisborne Primary School.
- How walkable is New Gisborne?
- New Gisborne has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 25.
- What suburbs are near New Gisborne?
- New Gisborne is close to Gisborne, Riddells Creek, Mount Macedon, Macedon, Gisborne South.
- What is the population of New Gisborne?
- The population of New Gisborne is approximately 2,509 (2021 Census). The median age is 41.
For Sale
New Gisborne
Buying
Selling
Surrounding Suburbs
Side by side
Compare New Gisborne vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
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 →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in New Gisborne?
The complete selling guide, personalised to New Gisborne: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide