Market snapshot

Suburb insights for Noble Park3174

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Noble Park is located 25 km south-east of the CBD. Noble Park is a large residential suburb in Melbourne's outer south-east. The suburb is highly multicultural with significant Vietnamese British Sri Lankan and Cambodian communities. Like a number of suburbs in the area the population of this suburb has aged significantly over the 1981-1996 period. Noble Park features the south-eastern District Private Hospital and a significant commercial and industrial belt along the Princes Highway including the RACV BASF and Hannanprint.

Recent sales and auction results in Noble Park

AddressBedroomsPriceTypeMethodSale DateAgentListing
2A Newman Av, Noble park4PriceHouse (Res)Passed in at Auction14/02/2025BuxtonView
7 Smith St, Noble park4PriceHouse (Res)Private Sale9/02/2025Ray White Noble Park/SpringvaleView
8 Jasmine Dr, Noble park3PriceHouse (Res)Auction Sale22/01/2025Mcgrath

Sales data

Median sale price
$815k
Quarterly price change
5.5%
Metro Melbourne Comparison
$895k
-2.1%
BedroomsNoble ParkMetro comparison
2$689,000$888,000
3$782,500$807,000
4$852,000$950,000
InsightNoble ParkMetro comparison
Clearance rate76.1%72.6%
Days on market4343

Rental data

Median weekly rent
$550
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
BedroomsNoble ParkMetro comparison
2$470$575
3$550$550
4$650$600
Median data for the current quarter
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