Back Lot 71/1 Ferrier Road
Off Market

Lot 71/1 Ferrier Road

New Gisborne VIC 3438

641 m²
Land
Last sold for $450,000
Brad BestBrad Best, last sold this property on 27 May 2025 after 236 days on market.

Overview

Lifestyle Opportunity on 641sqm (approx.)

Welcome to Cathlaw on Ferrier, where your dream home can become a reality on a sprawling 641sqm corner block. Perfect for new home builders, growing families, investors, and downsizers, this is your chance to create something special in a community known for its blend of convenience and charm. Picture your future in a custom-built home that takes full advantage of the corner allotment, allowing for natural light to flood your living spaces and providing flexibility for a unique design. There's ample room to create an outdoor haven with space for entertaining, a garden, or even a pool. Living in New Gisborne means everything you need is just a stroll away. The convenience of Gisborne Train Station is perfect for easy commuting, and nearby you'll find a local primary school, kindergarten, and the beloved Barringo restaurant and café-a community hub where you can unwind with family and friends. Enjoy the vibrant yet tranquil atmosphere that this desirable location offers. This is more than just a block of land; it's an opportunity to build a lifestyle. Don't miss your chance to secure this prime real estate and begin planning your future in one of the most sought-after areas of New Gisborne. Reach out today to explore the potential of this exceptional property!

Features

641 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 Lot 71/1 Ferrier 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 Lot 71/1 Ferrier Road

2025
Sold
$450,000
27 May 2025 by Brad Best, of Woodards Macedon Ranges

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 Lot 71/1 Ferrier Road, have been sold.

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

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