Located in Victoria within the Macedon Ranges local government area, Gisborne is an established suburb (postcode 3437). It is home to about 10,142 residents, with an established demographic and a median age of 39. Households earn a median income of $119K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Gisborne stand at $980,000, having risen solidly by 7.1% over the last twelve months. Units have a median price of $538,000 (-4.4% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,167.
Gisborne is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1051, which is above the national average of 1,000. Public transport access includes 4 rail stations, 50 bus stops. The crime rate in the Macedon Ranges LGA is moderate at 5,037 incidents per 100,000 population.
From an investment perspective, Gisborne shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices are near the state median ($980K/$850K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +7.1% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.