Noble Park

Noble Park is a diverse suburb with a growing population, particularly in the age range of 20 to 34 years. The residents have a mix of occupations, with a notable number of professionals, technicians, and tradeworkers. The suburb offers various commuting options, with a significant portion working from home. For houses, Noble Park presents a balanced market with moderate yields and reasonable price growth. The sale price distribution indicates potential opportunities for renovators due to the moderately high sale price IQR ratio. For units, Noble Park has shown consistent growth with a relatively high rental yield. The suburb's market absorption rate suggests good demand, making it an attractive choice for investors. Noble Park, VIC 3174, offers a vibrant community with a mix of demographics and convenient transportation options. Investors might find potential in both houses and units due to the suburb's growth trends. Homeowners will appreciate the moderate price growth and rental yields, while developers could explore renovation opportunities in the housing market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022