Back 122 Hamilton Road
Off Market

122 Hamilton Road

New Gisborne VIC 3438

42.7 ac.
Land
Ken GrechKen Grech, last sold this property on 06 April 2026 after -1 days on market.

Overview

Rare Opportunity in the heart of Gisborne - 42.7 acres approx. in total!

Embrace the beauty of undulating landscapes, serene valleys, and majestic scattered gums on Lots 6 & 7 Bacchus Marsh Road, Gisborne. With a combined total of 17.31 Ha, this expansive property offers an unparalleled opportunity for discerning buyers. Key Features: • Two Titles, One Spectacular Offering: 6.995 Ha and 10.32 Ha approx. parcels of land, sold together for an expansive estate or development opportunity (STCA). • Explore the undulating terrain, valleys, and scattered gums, providing picturesque landscapes and shelter for livestock. • Enjoy the best of both worlds with serene rural living within close reach of central Gisborne town center, offering amenities, shops, and conveniences. • Frontage along Gisborne Creek offers not only a tranquil setting but also recreational opportunities. Features include a dam, cattle yards, and town water access, enhancing the functionality and potential of the property. Marvel at panoramic vistas of the Macedon Ranges and the iconic Memorial Cross, offering a constant reminder of the beauty of the surrounding landscape. With its natural beauty, practical amenities, and strategic location, it's a rare opportunity not to be missed. With Gisborne's growing popularity as a desirable residential location, investing in this prime land offers a slice of countryside serenity! Disclaimer Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs

Features

42.7 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in New Gisborne over the last 12 months, the estimated median property value of 122 Hamilton Road is $412k.

Median value
$412k
Estimated value range
$300k - $575k
Median days on market
220
Estimated value trend
-18%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Gisborne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 122 Hamilton Road

2026
Sold
Undisclosed
06 Apr 2026 by Ken Grech, of Raine & Horne Gisborne

Happy sellers in New Gisborne

95%
95% of sellers in New Gisborne reported that their sale price either exceeded or met their price expectations.

New Gisborne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in New Gisborne over the last 12 months.

Local market activity for land plots in New Gisborne

In the last 12 months, 14 land plots similar to 122 Hamilton Road, have been sold.

This represents a 44% decrease in land plots sales when compared to the previous 12 months.

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