33 Wallaby Run, Gisborne VIC 3437

4-bed family home | well below suburb median | strong owner-occupier street | established school catchment The property presents a rare entry point into a predominantly owner-occupied pocket of Gisborne, where 90% of the street is owner-resident and only three sales have occurred recently—signaling low turnover and stable demand. At 600m² with four bedrooms and two bathrooms, the configuration suits a family seeking a functional floorplan within walking distance to both primary and secondary government schools. The price positioning roughly $160k below the suburb’s four-bedroom median gives a buyer meaningful negotiating leverage in a market with 40% auction clearance and 68 average days on market. The primary risk is that the property’s 2020 sale history and current valuation around $900k suggest limited recent capital growth in this specific street, though this may reflect broader Gisborne conditions rather than a property-specific issue. The 10% renter rate on the street is low, reducing turnover risk but also limiting comparable rental evidence. The opportunity lies in the combination of a well-located, mid-sized block and a price guide that sits below the suburb median, which could attract multiple buyer types—particularly families priced out of higher-value streets nearby.