Giving property investors a a solid capital gain of 17.65% for the last year, Noble Park, 3174 is the 346th highest performer in Australia in this respect.
The five-year average increase in median property values for Noble Park,3174 has given property investors a potential capital gain of 50.00% across each of those five years.
The most recent median price for Noble Park is $600000, with sellers offering an average of -6.13% off the asking price.
Often selling an investment property can take time, and in Noble Park the average time real estate has been on the market is 64.82 days.
Situated 25.49km from the CBD, Noble Park is one of Greater Dandenong localities in the postcode 3174.
Property value increases in Noble Park have tracked just higher than the VIC average of 2.98% over the last 12 months.
Over the longer term, Noble Park has seen property prices show investors a 20.63% return over the last 3 years. This is worse than over the last 12 months
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, 3174. Typically our figures indicate that -7.99% is being offered, which puts this VIC suburb at 168th most discounted overall in Australia.
At number 539 in a list of fastest selling suburbs, Noble Park is in the TOP 40% of suburbs in Australia with an average of days on market 67.22 for properties listed there.
Advertised rents are around the $310 mark per week – giving a return of 4.24% based on the median price in Suburb