New Gisborne vs Mount Macedon
New Gisborne is the younger of the two, with a median age of 41 against 48 in Mount Macedon. In both, the large majority of households own their home, the large majority of homes are detached houses, and most households are couple families. Houses cost more in Mount Macedon: a median of $1.42 million, against $881,000 in New Gisborne, though rent is higher in New Gisborne. On these figures, New Gisborne tends to suit buyers on a tighter budget.
Which one suits you?
There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.
Families with school-age kids
New Gisborne
ahead on 2 of the 6 things we measure here
- has more parks and reserves (36 vs 6)
- has more schools rated above their peers (2 vs 1)
- But Mount Macedon carries lower crime risk (21/100 vs 40/100)
Weighs schools, house stock, crime, parks, childcare, and who already lives there.
First-home buyers
New Gisborne
ahead on 2 of the 3 things we measure here
- has cheaper land ($429,500 vs $1,800,000)
- has cheaper houses ($881,000 vs $1,420,500)
Weighs house prices, land prices, and mortgage stress.
Renters
Mount Macedon
ahead on 2 of the 3 things we measure here
- leaves renters under less rental stress (12% vs 20%)
- has cheaper rent ($330/wk vs $451/wk)
Weighs rent, rental stress, and how much is for rent.
Commuting to the city
New Gisborne
ahead on 2 of the 4 things we measure here
- has a shorter drive in (49 min vs 56 min)
- sits closer to the CBD (57.3 km vs 64.5 km)
Weighs distance, drive time, rail access, and walkability.
Downsizers and retirees
Mount Macedon
ahead on 2 of the 5 things we measure here
- carries lower crime risk (21/100 vs 40/100)
- has more residents already 65 and over (24% vs 18%)
Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.
Investors
Mount Macedon
ahead on the one thing that separates them
- returns a higher gross yield on houses (4.8% vs 3.2%)
Weighs house yield and population growth.
Where they sit
New Gisborne and Mount Macedon drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.
Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.
Side by side, out of 100
Risks are inverted — shown as safety and low exposure — so a longer bar always means better.
Demographics
New Gisborne has more residents (2,509 vs 1,450); New Gisborne rents higher ($451/wk vs $330/wk).
| New Gisborne | Mount Macedon | |
|---|---|---|
| Population | 2,509 +42% vs other | 1,450 |
| Population trend (2016 → 2021) | +5.1% | +8.6% |
| Median age | 41 | 48 |
| Median household income | $118,508/yr | $137,644/yr +16% vs other |
| Median weekly rent | $451/wk +27% vs other | $330/wk |
Age profile
Share of residents in each band, 2021 Census.
Bars are drawn against the largest share shown (16.8%).
Who lives together
Household composition, 2021 Census.
Who owns and who rents
Occupied private dwellings by tenure, 2021 Census.
Qualifications
Highest non-school qualification, residents 15+, 2021 Census.
Bars are drawn against the largest share shown (19.6%).
Where residents were born
Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.
Bars are drawn against the largest share shown (6.8%).
What people live in
Occupied private dwellings by structure, 2021 Census.
Property market
| New Gisborne | Mount Macedon | |
|---|---|---|
| Median house price | $881,000 | $1,420,500 |
| Median unit price | $556,500 | — |
| Median land price | $429,500 | $1,800,000 |
| Typical days to sell (houses) | 26 days from 25 sales | 56 days from 14 sales |
House price by bedroom count
Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.
20 vs 7 sales
36 vs 12 sales
Zoning mix
New Gisborne has more rural and farming land (28% vs 0%).
| New Gisborne | Mount Macedon | |
|---|---|---|
| Environmental | 53% | 48% |
| Parks and recreation | 4% | 49% |
| Rural and farming | 28% | 0% |
| Residential | 8% | 0% |
| Infrastructure and transport | 4% | 3% |
| Industrial | 2% | 0% |
| Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09. | ||
Development activity
| New Gisborne | Mount Macedon | |
|---|---|---|
| New dwellings approved | 331 across Macedon Ranges same for both | |
| Approvals change year on year | +80% same for both | |
Gross rental yield
| New Gisborne | Mount Macedon | |
|---|---|---|
| Houses | 3.2% $765/wk on $1.25M | 4.8% $1,900/wk on $2.05M |
| Units | — same for both | |
Ranking within VIC
| New Gisborne | Mount Macedon | |
|---|---|---|
| House price | Higher than 57% of VIC | — |
| Income | Higher than 91% of VIC | Higher than 96% of VIC |
| Schools | Higher than 90% of VIC | — |
| Walkability | Higher than 74% of VIC | Higher than 78% of VIC |
| Affordability | Higher than 80% of VIC | — |
| EV adoption | Higher than 60% of VIC | Higher than 96% of VIC |
| NBN connectivity | Higher than 78% of VIC | Higher than 79% of VIC |
| Rental yield (houses) | Higher than 22% of VIC | Higher than 96% of VIC |
Liveability
| New Gisborne | Mount Macedon | |
|---|---|---|
| Grade | B same for both | |
| Score | 66/100 same for both | |
| Socio-economic band | very advantaged area decile 9/10 | very advantaged area decile 10/10 |
Risk profile
Mount Macedon carries more flood risk (12 vs 0); New Gisborne carries more crime risk (40 vs 21).
| New Gisborne | Mount Macedon | |
|---|---|---|
| Bushfire | High 85/100 same for both | |
| Crime | Moderate 40/100 | Low 21/100 |
| Flood | None 0/100 | Low 12/100 |
| Coastal erosion | None 0/100 same for both | |
| Aircraft noise | None 0/100 same for both | |
| Industrial facilities nearby | 1 within 5 km | 0 within 5 km |
Schools
| New Gisborne | Mount Macedon | |
|---|---|---|
| Inside the suburb | 3 | 2 |
| Rated above peers | 2 | 1 |
| Rated at peers | 0 | 1 |
| Rated below peers | 1 | 0 |
Schools in New Gisborne
- Global Village Learning Independent · Combined above peers
- New Gisborne Primary School Government · Primary above peers
- Holy Cross Primary School Catholic · Primary below peers
Schools in Mount Macedon
- Braemar College Independent · Combined above peers
- Mount Macedon Primary School Government · Primary at peers
Amenities in the suburb
| New Gisborne | Mount Macedon | |
|---|---|---|
| Cafes & restaurants | 1 | 2 |
| Parks & reserves | 36 | 6 |
| Childcare | 2 | 1 |
| GPs | 1 | 0 |
| Banks & Bank@Post | 0 | 1 |
| Waterways | 7 | 13 |
Mobility
Mount Macedon sits further from the CBD (64.5 km vs 57.3 km).
| New Gisborne | Mount Macedon | |
|---|---|---|
| Walkability score | 13/100 | 17/100 |
| Distance to Melbourne | 57.3 km | 64.5 km +13% vs other |
| Drive time (normal traffic) | 49 min | 56 min |
| Electric vehicle share | 0.6% postcode 3438 | 2.2% postcode 3441 |
| Rooftop solar per 100 dwellings | 54 postcode 3438 | 32 postcode 3441 |
How people get to work
Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.
Bars are drawn against the largest share shown (62.9%).
Setting
| New Gisborne | Mount Macedon | |
|---|---|---|
| Elevation | 448 m above sea level, at the suburb centre | 690 m above sea level, at the suburb centre |
NBN connectivity
| New Gisborne | Mount Macedon | |
|---|---|---|
| Connectivity score | 68/100 | 69/100 |
| Most common technology | Fibre to the premises same for both | |
| Full-fibre (FTTP) share | 48% 1,337 premises | 51% 655 premises |
Climate
| New Gisborne | Mount Macedon | |
|---|---|---|
| Annual rainfall | 778 mm same for both | |
| Summer max (Jan) | — same for both | |
| Winter min (Jul) | — same for both | |
Council rates
| New Gisborne | Mount Macedon | |
|---|---|---|
| Average residential rate | $2,065/yr same for both | |
| Council | Macedon Ranges same for both | |
Federal electorate
| New Gisborne | Mount Macedon | |
|---|---|---|
| Division | Mcewen same for both | |
| Member | Rob Mitchell same for both | |
| Party | Australian Labor Party same for both | |
First Home Owner Grant
| New Gisborne | Mount Macedon | |
|---|---|---|
| Grant amount | $10,000 same for both | |
| Property price cap | $750,000 same for both | |
| Eligibility | New same for both | |
Tags
New Gisborne
More comparisons
Other comparisons with New Gisborne
Other comparisons with Mount Macedon
Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.