Property value increases in Noble Park North have tracked higher than the VIC average of 8.13% over the last 12 months.
A 31.54% growth in median value for property investors in Noble Park North,3174 puts this suburb at number 142th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Noble Park North itself are offering an average vendor discount of -3.00% to real estate investors.
The VIC suburb of Noble Park North, 3174 is in the Greater Dandenong local government area.
If you compare the increase in value of investment property in Noble Park North, 3174 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.11%.
While Noble Park North,3174 ranked number 138th in VIC for increase in median house value (annualised) increase, it is ranked 165th over the last 5 years.
With the median price for a house in Noble Park North being $386000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.45%