Investment property in Noble Park North has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.08%
Across a shorter period, Noble Park North, 3174 has seen a median price increase of 1.94% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Noble Park North itself are offering an average vendor discount of -2.59% to real estate investors.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 8.51%.
A 25.02% growth in median value for property investors in Noble Park North,3174 puts this suburb at number 67th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Noble Park North, 3174. Typically our figures indicate that -3.16% is being offered, which puts this VIC suburb at 1282th most discounted overall in Australia.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.