October 2026 data · Macedon Ranges · VIC
New Gisborne house prices: median price and growth
- Median house
- $945k ▲ +7.8% in 12 months
- Median unit
- $682k Too few sales for a change
The median house price in New Gisborne is $945k (October 2026), up 7.8% over 12 months. Units have a median of $682k. That puts New Gisborne below the typical Macedon Ranges suburb ($1.25m) and number 5 of the 5 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
New Gisborne price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $945k | ▲ +7.3% | ▲ +6.2% | ▲ +7.8% |
| Unit | $682k | – | – | – |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
New Gisborne compared with nearby suburbs
Suburbs within about 1 km of New Gisborne, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Mount Macedon | $1.41m | ▲ +1.1% | ▲ +1.5% | ▲ +0.8% | – | – | – | – |
| Riddells Creek | $1.14m | ▲ +4.1% | ▲ +13.2% | ▲ +13.5% | $615k | ▲ +2.5% | ▲ +2.5% | ▲ +3.3% |
| Macedon | $1.07m | ▼ −1.4% | ▼ −2.7% | ▼ −0.5% | – | – | – | – |
| Gisborne | $1.00m | 0.0% | 0.0% | ▲ +0.5% | $608k | ▲ +1.3% | ▲ +0.4% | ▲ +9.5% |
| New Gisborne | $945k | ▲ +7.3% | ▲ +6.2% | ▲ +7.8% | $682k | – | – | – |
Living in New Gisborne
From the 2021 ABS Census: New Gisborne against the Macedon Ranges council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | New Gisborne | Macedon Ranges (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 2,509 | 51,730 | 6,503,500 |
| Median age | 41 | 42 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 11.3% | 13.1% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $2,279/wk | $2,104/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 10.6% | 13.4% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for New Gisborne, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in New Gisborne?
The median house price in New Gisborne was $945k in October 2026, up 7.8% on a year earlier. The typical Macedon Ranges suburb median was $1.25m.
What is the median unit price in New Gisborne?
The median unit price in New Gisborne was $682k in October 2026.
Is New Gisborne more expensive than nearby suburbs?
Of the 4 neighbouring suburbs with a median house price, 4 are dearer than New Gisborne and 0 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.