Market snapshot
Suburb insights for Noble Park3174
Change suburbNoble Park is located 25 km south-east of the CBD. Noble Park is a large residential suburb in Melbourne's outer south-east. The suburb is highly multicultural with significant Vietnamese British Sri Lankan and Cambodian communities. Like a number of suburbs in the area the population of this suburb has aged significantly over the 1981-1996 period. Noble Park features the south-eastern District Private Hospital and a significant commercial and industrial belt along the Princes Highway including the RACV BASF and Hannanprint.
Sales data
Median sale price
$815k
Quarterly price change
5.5%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Noble Park | Metro comparison |
|---|---|---|
| 2 | $689,000 | $888,000 |
| 3 | $782,500 | $807,000 |
| 4 | $852,000 | $950,000 |
| Insight | Noble Park | Metro comparison |
|---|---|---|
| Clearance rate | 76.1% | 72.6% |
| Days on market | 43 | 43 |
Rental data
Median weekly rent
$550
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Noble Park | Metro comparison |
|---|---|---|
| 2 | $470 | $575 |
| 3 | $550 | $550 |
| 4 | $650 | $600 |
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