Noble Park sits immediately adjacent to Dandenong in Melbourne’s southeast and shares many of the same investment fundamentals: strong yield, entry-level pricing, and high rental demand. The suburb is increasingly popular with investors seeking diversification beyond the inner-north corridor.
Noble Park Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $710,000 | $465,000 |
| Gross Rental Yield | 4.9% | 5.6% |
| Annual Growth (5yr avg) | 6.1% | 4.9% |
| Median Weekly Rent | $530 | $400 |
| Days on Market | 21 | 18 |
| Vacancy Rate | 1.0% | 1.2% |
Is Noble Park a Good Investment?
Noble Park scores 7.5/10 on the GeeVee Investment Score. The suburb benefits from proximity to Dandenong’s employment base, direct Pakenham rail line access, and an undersupplied rental market. Investors looking for yield above 4.5% with sub-$750,000 entry will find Noble Park a compelling option.
Off-Market Properties in Noble Park
Access exclusive off-market listings in Noble Park and the southeast corridor: collings.com.au/portal.
Frequently Asked Questions
What is the median house price in Noble Park?
The median house price in Noble Park is approximately $710,000 in 2026.
What is the rental yield in Noble Park?
Gross rental yield in Noble Park is approximately 4.9% for houses and 5.6% for units in 2026.
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