Back 8 Elsa Terrace
Off Market

8 Elsa Terrace

New Gisborne VIC 3438

603 m²
Land
Last sold for $440,000
Jason KennedyJason Kennedy, last sold this property on 12 June 2025 after 451 days on market.

Overview

TITLED LAND IN EXCEPTIONAL LOCATION – 603m2 APPROX.

Unlock the potential of this 603m2 (approx.) vacant block of land, in the highly sought-after 'Cathlaw on Ferrier' estate. Tucked away from main roads, this vacant land is calling for your dream home, and is available to build on now (STCA). 'Cathlaw on Ferrier' is ideally located within walking distance of the Gisborne train station, local primary schools, a new childcare centre, medical facilities, and a café. Additionally, residents can enjoy easy access to Gisborne and the Calder Freeway. Don't miss out on the chance to make this blank canvas your own. Contact Jason Kennedy today on 0417 383 235. DISCLAIMER: All dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the Vendor or Agent. All prospective buyers must undertake their own due diligence. Consumer Affairs Due Diligence Checklist: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Features

603 m² 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 8 Elsa Terrace 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 8 Elsa Terrace

2025
Sold
$440,000
12 Jun 2025 by Jason Kennedy, of Kennedy & Hunt Real Estate

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 8 Elsa Terrace, have been sold.

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

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