New Gisborne

Population growth drivers in New Gisborne are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of Nov 2025, New Gisborne's population is estimated at around 2,938, reflecting a 17.1% increase since the 2021 Census which reported a population of 2,509 people. This growth is inferred from AreaSearch's resident population estimate of 2,906 based on ABS ERP data released in June 2024 and an additional 184 validated new addresses since the Census date. This results in a density ratio of 112 persons per square kilometer. New Gisborne's growth exceeded the SA3 area's 7.3% and the national average, marking it as a regional growth leader. Interstate migration contributed approximately 53.0% to recent population gains, with all drivers being positive factors. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 using 2022 as the base year.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the suburb is expected to expand by 1,060 persons based on aggregated SA2-level projections, reflecting a gain of 29.1% in total over the 17 years.

AreaSearch assessment of residential approval activity sees New Gisborne among the top 30% of areas assessed nationwide

Based on AreaSearch analysis using ABS building approval numbers from statistical area data, New Gisborne has seen approximately 53 new homes approved annually. From FY-21 to FY-25, around 269 homes were approved, with an additional 16 approved so far in FY-26. On average, 0.9 people have moved to the area per dwelling built over these years, indicating that new construction is meeting or exceeding demand.

The average expected construction cost value of new homes is $535,000. This financial year has seen $2.7 million in commercial approvals registered, reflecting the area's residential character. Compared to Greater Melbourne, New Gisborne shows 136.0% higher development activity per person. Recent construction comprises 99.0% standalone homes and 1.0% attached dwellings, maintaining the area's low-density nature and attracting space-seeking buyers. There are approximately 56 people per dwelling approval in the location, suggesting an expanding market.

According to AreaSearch's latest quarterly estimate, New Gisborne is projected to add 856 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing favorable conditions for buyers and potentially supporting growth beyond current population projections.

New Gisborne has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Twelve infrastructure projects have been identified by AreaSearch as likely impacting the area's performance. Key projects include Gisborne Business Park Development, Macedon Ranges Sports Precinct, C153 Willowbank Road Commercial Rezoning, and Willow Gisborne Community. The following list details those expected to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

New Gisborne ranks among the top 25% of areas assessed nationally for overall employment performance

New Gisborne has a skilled workforce with essential services sectors well represented. Its unemployment rate was 2.2% in the past year, with an estimated employment growth of 3.7%.

As of June 2025, 1,497 residents are employed while the unemployment rate is 2.5% lower than Greater Melbourne's rate of 4.6%, and workforce participation matches Greater Melbourne's 64.1%. Employment is concentrated in construction, health care & social assistance, and education & training. The area specializes in construction with an employment share 1.5 times the regional level, while professional & technical employs only 7.9% of local workers compared to Greater Melbourne's 10.1%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by Census data.

From June 2024 to June 2025, employment levels increased by 3.7% and labour force grew by 4.3%, raising the unemployment rate by 0.5 percentage points. In contrast, Greater Melbourne had employment growth of 3.5% and labour force growth of 4.0%, with a similar rise in unemployment rate. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment expansion by 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. Applying these projections to New Gisborne's employment mix suggests local employment should increase by 6.5% over five years and 13.3% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that median income in New Gisborne is $55,942 and average income stands at $72,854. This compares to Greater Melbourne's median income of $54,892 and average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes as of September 2025 would be approximately $62,745 (median) and $81,713 (average). According to the 2021 Census, household incomes rank at the 82nd percentile ($2,279 weekly). Income distribution shows that 32.8% of New Gisborne's population falls within the $1,500 - 2,999 income range. Economic strength is evident with 35.7% of households earning over $3,000 weekly. After housing costs, residents retain 88.1% of their income. The area's SEIFA income ranking places it in the 8th decile.

New Gisborne is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

New Gisborne's dwelling structures, as per the latest Census, consisted of 97.2% houses and 2.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 94.7% houses and 5.3% other dwellings. Home ownership in New Gisborne stood at 39.9%, with mortgaged dwellings at 48.3% and rented ones at 11.8%. The median monthly mortgage repayment was $1,950, lower than Melbourne metro's average of $2,014. Median weekly rent in New Gisborne was $451, compared to Melbourne metro's $400. Nationally, New Gisborne's mortgage repayments were higher at $1,950 against the Australian average of $1,863, and rents were substantially higher at $451 versus the national figure of $375.

New Gisborne features high concentrations of family households, with a higher-than-average median household size

Family households account for 81.6% of all households, including 45.5% couples with children, 26.3% couples without children, and 9.2% single parent families. Non-family households constitute the remaining 18.4%, with lone person households at 16.7% and group households comprising 0.7% of the total. The median household size is 2.9 people, larger than the Greater Melbourne average of 2.8.

New Gisborne shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational qualifications in New Gisborne trail regional benchmarks, with 30.0% of residents aged 15+ holding university degrees compared to 37.0% in Greater Melbourne. This gap highlights potential for educational development and skills enhancement. Bachelor degrees lead at 18.7%, followed by postgraduate qualifications (6.1%) and graduate diplomas (5.2%). Trade and technical skills feature prominently, with 35.4% of residents aged 15+ holding vocational credentials – advanced diplomas (13.7%) and certificates (21.7%).

Educational participation is notably high, with 32.5% of residents currently enrolled in formal education. This includes 11.0% in primary education, 10.5% in secondary education, and 4.9% pursuing tertiary education. New Gisborne's 3 schools have combined enrollment reaching 825 students while the area demonstrates above-average socio-educational conditions (ICSEA: 1073). The educational mix includes 2 primary, 1 K-12 school. The area functions as an education hub with 28.1 school places per 100 residents – significantly above the regional average of 16.4 – attracting students from surrounding communities.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Analysis shows 21 active transport stops in New Gisborne. These include train and bus services. There are 14 routes serving these stops, collectively providing 975 weekly passenger trips.

Transport accessibility is limited with residents typically located 665 meters from the nearest stop. Service frequency averages 139 trips per day across all routes, equating to approximately 46 weekly trips per individual stop.

The level of general health in New Gisborne is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts

New Gisborne shows above-average health outcomes with low prevalence of common conditions among its general population, but higher rates in older, at-risk cohorts compared to national averages. Approximately 56% (~1,633 people) have private health cover, compared to Greater Melbourne's 58.9%.

Mental health issues and arthritis are the most common conditions, affecting 7.4% and 7.0% of residents respectively. About 70.1% report no medical ailments, slightly higher than Greater Melbourne's 69.3%. The area has a 19.3% aged 65 and over population (567 people), requiring more attention due to higher health risks associated with age.

New Gisborne is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

New Gisborne's cultural diversity was found to be below average, with 88.3% of its population born in Australia, 93.2% being citizens, and 95.0% speaking English only at home. Christianity is the main religion in New Gisborne, comprising 49.0% of people, compared to 47.0% across Greater Melbourne. The top three ancestry groups are English (30.4%), Australian (29.2%), and Irish (10.0%).

Notably, Polish, Dutch, and Maltese ethnicities have different representations in New Gisborne compared to the region: Polish at 1.3% vs 0.8%, Dutch at 1.9% vs 1.5%, and Maltese at 1.2% vs 2.1%.

New Gisborne hosts an older demographic, ranking in the top quartile nationwide

New Gisborne's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 and somewhat older than Australia's median of 38. Compared to the Greater Melbourne average, the 45-54 cohort is notably over-represented in New Gisborne at 16.2%, while the 25-34 age group is under-represented at 6.3%. According to the 2021 Census, the 75-84 age group has grown from 6.6% to 7.7% of the population, and the 15-24 cohort increased from 13.1% to 14.2%. Conversely, the 25-34 cohort has declined from 7.3% to 6.3%. Demographic modeling suggests that New Gisborne's age profile will change significantly by 2041. The 45-54 cohort is projected to grow by 39%, adding 184 residents to reach 660. The 0-4 age group is expected to grow at a more modest rate of 7%, with an increase of only 10 residents.