With a capital gain of 17.29% for the last 12 months, Noble Park, 3174 has performed for property investments than its average annual 8.89% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Noble Park comes in at number 80th 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 itself are offering an average vendor discount of -2.93% to real estate investors.
In the last year 281 properties changed hands in Noble Park, which puts it as the 66th most active market in VIC when comparing the number of sales per suburb.
Noble Park is 392th on a list of best yielding suburbs for rents in VIC with a 3.26% return
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 7.58%
Across a shorter period, Noble Park, 3174 has seen a median price increase of 1.28% over the last quarter.
At number 79th of VIC’s most discounted properties, Noble Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Noble Park have been waiting around 79.75 days to sell a property.
Noble Park, 3174’s gross rental yield is 4.54%