At number 365th in the list of Australian suburbs ordered by increase in median house value over the last year, Noble Park, 3174 is in the top 10% with a property value increase of 18.01% recorded in median house prices.
Noble Park,3174 has offered an average of 18.01% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Noble Park is giving property investors an average Vendor Discount of around -5.76%. This puts suburb at number 287th in VIC when ranking the most discounted suburbs.
Noble Park, 3174’s gross rental yield is 3.19%
Property investors who have had real estate in Noble Park, 3174 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.11%
If we look at median property appreciation over just the last three months, Noble Park has given property investors a paper return of 1.41%. This puts Suburb as 125 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Noble Park is $360000, with sellers offering an average of -6.40% off the asking price.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.48%, without taking into account capital value appreciation, which has been averaging out at 6.80%.