Sold Price 18/1 Cover Drive, New Gisborne VIC

18/1 Cover Drive, New Gisborne VIC

unit

2

1

1

18/1 Cover Drive, New Gisborne VIC 3438

Sold `$575,000` on 27 Jul 2022

Distance To CBD: 50.92 km
Measure Land Size
Agency: RT Edgar Macedon Ranges - GISBORNE
Nearby Sold Price Nearby Rent Price

Stamp Duty
Loan Repayment

Stamp Duty

^$31,040

*based on property value $575,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,362

Stamp duty on property ^$29,570

Monthly Repayment

^$ 2,469

*based on loan amount $460,000 for principal and interest

Total interest payable ^$428,977

Loan Term 30 years

Annual Interest Rate 5.00%

Similar Sold Properties

Address	Type					Sold Price
Unit 6/176 Station Rd New Gisborne 3438	unit	2	1	2	Mar 2023	`$540,000`
Unit 22/1 Cover Drive New Gisborne 3438	unit	2	1	1	Oct 2022	`$590,000`
3/176 Station Road New Gisborne 3438	unit	2	1	1	Jan 2022	`$510,000`
4/1 Cover Drive New Gisborne 3438	unit	2	2	1	Sep 2021	`$730,000`
273 Station Road New Gisborne 3438	unit	2	1	1	May 2021	`$715,000`
273 Station Road New Gisborne 3438	unit	2	1	1	May 2021	`$715,000`
273 Station Road New Gisborne 3438	unit	2	1	1	May 2021	`$715,000`

Similar Rent Properties

Address	Type					Rent Price
279 Station Road New Gisborne 3438	unit	2	1	1	Jul 2023	`$450` p/w
279 Station Road New Gisborne 3438	unit	2	1	1	May 2023	`$455` p/w
2a Thom Street New Gisborne 3438	unit	2	2	1	Feb 2023	`$500` p/w
2a Thom Street New Gisborne 3438	unit	2	2	1	Jul 2021	`$460` p/w
5/262 Station Road New Gisborne 3438	unit	2	1	1	Mar 2021	`$400` p/w
273 Station Road New Gisborne 3438	unit	2	1	1	Oct 2020	`$430` p/w
2a Thom Street New Gisborne 3438	unit	2	2	1	Mar 2020	`$390` p/w
5/262 Station Road New Gisborne 3438	unit	2	1	1	Mar 2019	`$370` p/w

Auction History - New Gisborne, VIC 3438

May 2024

Address	Price	Result*	Type		Agent
6-8 Plummer St	`N/A`	PI	House	4	Ray White

Top Sales - Unit- Last 12 months updated 14 Jun 2024

Rank	Address	Sold Price	Type
1	2/271 Station Road New Gisborne 3438	`$695,000`	townhouse	2	1	Apr 2024
2	10/262-264 Station Road New Gisborne 3438	`$565,000`	townhouse	1	1	Apr 2024
3	13 Correa Way New Gisborne 3438	`$495,000`	residential land	0	0	Jul 2023
4	Lot 88 New Gisborne 3438	`$479,500`	residential land	0	0	Oct 2023
5	20 Correa Way New Gisborne 3438	`$475,000`	residential land	0	0	Feb 2024
6	23 Constance Way New Gisborne 3438	`$410,000`	residential land	0	0	Apr 2024

New Gisborne, VIC 3438 (`50.83 km` to CBD)

Median House Price

$1,180,000

Median Unit Price

$577,500

Surrounding Suburbs

Nearby Schools

Nearby Train Stations

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