ABS 2021 Census · Updated 31 March 2026
New Gisborne is a regional centre in Victoria, Australia, with a population of approximately 2,509, making it a boutique locality. Located approximately 51 km from the Melbourne CBD, New Gisborne is a regional area in Victoria. The median household income is $118,508 AUD per year (ABS 2021 Census).
New Gisborne benefits from a high-income resident base, supporting premium property pricing. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Map shows New Gisborne, Victoria, Australia.
Official Australia Post postcode for New Gisborne. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near New Gisborne on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →As a regional centre, New Gisborne serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $451/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. A median household income of $118,508/year supports premium property values and indicates a well-employed resident base. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Holding property in New Gisborne over the medium term may deliver steady, if unspectacular, returns.
New Gisborne's rental market favours investors seeking yield — occupancy rates are typically strong in this area.
Renovation or flip strategies in New Gisborne face headwinds from a smaller buyer pool and slower turnover.
Run the numbers on a New Gisborne property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in New Gisborne is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in New Gisborne may face longer tenant search times; competitive pricing will be important. Investor sentiment is cautiously optimistic — selective opportunities exist for well-researched buyers.
New Gisborne is a regional area in Victoria with a population of 2,509. The median rent is $451/week and the median household income is $118,508/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in New Gisborne include regional employment hubs, lifestyle, and affordability. 91% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, New Gisborne has a population of approximately 2,509. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
New Gisborne is approximately 51 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.