Gisborne South, also known as Couangalt, is a
locality in the Macedon Ranges Shire, in
Victoria, Australia, north west of the city of
Melbourne. At the 2006 census, Gisborne South
had a population of 742.

Gisborne South has never had a Post Office under
that name. The Cabbage Tree office within the
locality opened on 6 July 1867, was renamed
Yangardook in April 1875 and Couangalt in
September 1875. It closed in 1895, reopened in
1913 and closed in 1965.