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.
Recent sales and auction results in Noble Park
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5/21 Allan St, Noble park | 1 |  | Apartment | Auction Sale | 18/07/2024 | Ray White Noble Park/Springvale | View |
| 6/43-45 Leman Cr, Noble park | 2 |  | Townhouse (Res) | Private Sale | 25/06/2024 | Barry Plant | View |
| 1/14 Carpenter St, Noble park | 2 | | Unit | Private Sale | 24/06/2024 | Top Estate Agents | |
| 2/5 Myers Ct, Noble park | 3 | | Unit | Private Sale | 10/06/2024 | Top Estate Agents | View |
Sales data
Median sale price
$811k
Quarterly price change
2.1%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Noble Park | Metro comparison |
|---|---|---|
| 2 | $618,000 | $902,500 |
| 3 | $780,000 | $810,000 |
| 4 | $837,500 | $955,000 |
| Insight | Noble Park | Metro comparison |
|---|---|---|
| Clearance rate | 76.6% | 73.8% |
| Days on market | 41 | 42 |
Rental data
Median weekly rent
$510
Rental yield
3.4%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Noble Park | Metro comparison |
|---|---|---|
| 2 | $450 | $550 |
| 3 | $510 | $540 |
| 4 | $550 | $580 |
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