Noble Park VIC 3174

Here you can find what you need to know about Noble Park, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$646k Median Sale Price (National Average $485k) 313th In VIC
-6.38% Median Price Change (1 yr) (National Average 4.30%) 2550th In VIC
$380pw Median Rent (National Average $395) 380th In VIC
3.1% Median Gross Yield (National Average 4.24%) 402nd In VIC
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Properties sold 243
Average discounting -6.89%
Average Days on Market 59
Stock on Market 22 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Noble Park, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Noble Park, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Noble Park, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Noble Park


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Latest Auction Results for Noble Park as at 16 June 2019

Property Details
Sale Price
3Bed / 1Bath / Car / Unit
-
2Bed / 1Bath / Car / Unit
$450,000
3Bed / 1Bath / 1Car / Unit
Passed In
2Bed / 2Bath / Car / Unit
-

State Auction Clearance Rates - June 2019

Auctions Clearance rate
VIC 724 65%
ACT 39 49%
NSW 534 66%
NT 4 0%
QLD 93 40%
SA 80 47%
WA 35 35%

Local Schools


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Suburb Information

Noble Park, VIC 3174

Part of: Greater Dandenong Council No data available

The size of Noble Park is approximately 8.6 square kilometres. It has 34 parks covering nearly 5.6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Noble Park

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Noble Park   for Houses in last 12 months


There have been 243 Houses sold in Noble Park in the past 12 months with a median sale price of $630K, up -8.7% annually. It takes on average 66 days to sell with vendor discounting of -7.66%.

Streets in Noble Park