Gordon

POSTAL CODE: VIC, 3345
HOUSE

GORDON, 3345 ranks 303rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 26.72% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $811,000.

The upward trend in home prices in GORDON, 3345 averaged 1.37% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GORDON.

An average of 1.33 real estate transactions take place per month in GORDON which translates to 16 per annum.

16 properties were sold in GORDON in 2016, making it the 557th most active market in VIC based on total real estate transactions.

GORDON, 3345 places 464th in Australia based on median property value growth during the quarter.

Surburb overview

Gordon is a regional township in Victoria located within the Shire of Moorabool, approximately 72 kilometres north-west of Melbourne’s central business district and about 25 kilometres south-east of Ballarat.

Situated near the Western Freeway and along the Ballarat rail corridor, Gordon provides road access to both Melbourne and Ballarat while maintaining a rural township character.

According to the 2021 Census, Gordon had a population of 1,113 residents, reflecting modest growth in recent years.

The township has a small commercial centre that includes a general store, hotel and community facilities, serving both residents and surrounding rural properties.

Gordon railway station is located on the Ballarat line, although passenger services are limited and most regular V/Line services operate through nearby Ballan and Bacchus Marsh stations.

Residential development consists primarily of detached dwellings on larger allotments, with additional rural-residential properties surrounding the township.

Local amenities include Gordon Primary School and the Gordon Recreation Reserve, which supports community sporting and social activities.

The surrounding district is characterised by grazing land, open plains and pockets of native vegetation, reflecting the area’s agricultural heritage.

Residents typically access additional retail, healthcare and secondary education services in Ballan, Bacchus Marsh or Ballarat.

Gordon experiences a temperate climate with warm summers and cool to cold winters, influenced by its inland elevation and proximity to forested areas.

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