47 Frith Road, Gisborne VIC 3437
47 Frith Road, Gisborne VIC 3437
4-bed family house | 774m² suburban block | solid Gisborne family demand | mainstream detached housing | bushfire overlay nearby
This property holds a practical edge for family buyers: four bedrooms, two bathrooms, and two car spaces on a 774m² block that sits comfortably within Gisborne’s dominant detached-house market. It is not acreage or prestige stock, but it aligns with what most local families seek—room to spread out, a manageable yard, and a configuration that suits growing households. The house likely appeals most to move-up buyers or those relocating from Melbourne for more space without stepping into rural maintenance. Its block size is typical-to-solid for the suburb, giving it broad appeal rather than a narrow niche, and the family-rental market here appears steady, supported by strong demand for houses over higher-density options.
Value may be influenced by the property’s condition and presentation, which are not confirmed, and by any bushfire overlay exposure that could affect insurance costs or future development flexibility. The absence of confirmed building age or internal finishes means buyers should weigh potential renovation needs into their price view. Land size remains a stable driver, though it is not exceptional for the area. School catchment proximity to Gisborne Primary and Secondary College may add appeal, but school quality is not evidenced, so treat it as a neutral factor unless verified.
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Frith Road, Gisborne VIC 3437
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
This suburb is a mid-priced market with houses trading at a significant premium to units; median house price is $960,000-$1,000,000, while units are $547,500-$610,000. Annual growth ranges from -1.8% to 9.9% for houses and -2.6% to 8.0% for units across sources. The house gross rental yield of 3.44-4.23% versus 4.73% for units points to owner-occupier-led demand. Days on market for houses span 64 to 146, while annual sales volume runs from 61 to 253, indicating a thin but active market. Price momentum is uneven, with some sources recording near-double-digit growth and others modest falls, and the 146-day selling time for houses signals softening. Key risks include negative growth in one house series and two unit series, plus extended listing durations.
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PropCred Estimated Value
Comparable Sales: 24 Frith Road sold $1.2M; 32 Frith Road 4/2/2 on 937m² estimated $907K | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, layout suitability, condition and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
774m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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