Suburb Overview
Noble Park North is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 7,436, making it a smaller community. Located approximately 25 km from the Melbourne CBD, Noble Park North is a outer metro area in Victoria. The median household income is $75,504 per year.
Location
Key Indicators
Postcode
3174
Postcode for Noble Park North, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
7,436
Usual resident population at the most recent census.
Median weekly rent
$351/wk
Median weekly rent recorded at the 2021 Census — market rents have risen since, so treat this as a dated baseline, not a current figure.
Median household income
$75,504
Annual median household income (before tax) across all households.
Distance to CBD
25 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Sale prices & yield
Median house price
$752,500
Median house sale price — as at 2025 (preliminary), Valuer-General Victoria (CC BY 4.0).
Median unit price
$520,000
Median unit sale price — as at 2025 (preliminary), Valuer-General Victoria (CC BY 4.0).
Housing
Median monthly mortgage
$1,757/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
85% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why People Like Living in Noble Park North
- Outer-metro setting about 25 km from Melbourne — more space, quieter streets.
- Several schools in the area (around 2), attractive for families.
- Local parks and reserves (around 3) within easy reach.
- Reasonable transport access — car-friendly with some public transport options.
- Predominantly separate houses (85%) — suburban lifestyle with more land.
Who Noble Park North Suits
Pros and Cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the Victoria median, improving cash-flow margins.
- Local parks and reserves (around 3) add to liveability.
- Solid transport links into employment hubs.
Cons
- New-estate oversupply risk — many similar homes can compete for the same buyers.
- Traffic can build during peak hours, especially on arterial roads.
Investment Insight
7,436 residents places Noble Park North squarely in the middle of the Victoria suburb size distribution (state median 7,416), with market depth comparable to most VIC localities. Noble Park North's median household income of $75,504/year is 21% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. At the 2021 Census, rent of $351/week covered 87% of the $1,757/month median mortgage recorded at the same Census, leaving a gap of roughly $236/month at the time. Rents and repayments have both risen since — re-run the numbers with current figures before drawing conclusions. 25 km from Melbourne places Noble Park North in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Investment Tip
This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. At the 2021 Census, local rents consumed roughly 24% of household income — a dated but useful sanity check on tenant affordability.
Noble Park North vs Victoria Median
How Noble Park North stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Noble Park North sits above the state median; negative means below.
| Metric | Noble Park North | VIC median | Δ vs state |
|---|---|---|---|
| Population | 7,436 | 7,416 | 0% |
| Median household income | $75,504/yr | $95,160/yr | -21% |
| Median rent (weekly, 2021 Census) | $351 | $380 | -8% |
| Median mortgage (monthly, 2021 Census) | $1,757 | $1,950 | -10% |
| Distance to CBD | 25 km | 32 km | -22% |
| Separate houses | 85% | 78% | +7pp |
Investor Checklist
Pre-inspection briefing for Noble Park North — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 7,436 residents — 100% of the VIC suburb median (7,416).
- Purchasing power: median household income $75,504/year (-21% vs Victoria suburb median of $95,160).
- Cash-flow coverage (2021 Census): $351/week rent (≈ $1,521/month) covered ~87% of the $1,757/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 25 km straight-line from Melbourne (state suburb median 32 km).
- Dwelling mix: 85% separate houses — house-dominant market (vs 78% state median).
- Rate stress-test: budget ~$176/month extra for a 1-percentage-point RBA rate rise on top of the $1,757/month median repayment.
- Tenant rent burden: 24% of the median household income is spent on rent — comfortably affordable.
Investment Strategy
Limited buy-and-hold upside: household incomes 21% below the VIC median ($75,504 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Strong rental coverage at the 2021 Census: $351/week (~$1,521/month) covered 87% of the $1,757/month median mortgage, a shortfall of just $236/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
With 85% houses in a 7,436-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Risk Factors
- Interest-rate sensitivity: the $1,757/month median mortgage in Noble Park North means a 1-percentage-point RBA rate rise could add roughly $176/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Income vulnerability: household incomes in Noble Park North are 21% below the Victoria median ($75,504 vs $95,160), which tends to compress rent growth and increases exposure to local unemployment shocks.
- Noble Park North is 25 km from the CBD — not close enough to benefit from the inner-ring pricing halo, so growth depends more heavily on local infrastructure decisions and the wider Victoria market cycle.
- House-dominant stock: 85% of dwellings are separate houses, so value is concentrated in land — weather events, insurance repricing and land-tax changes hit investors here more directly than in a unit-heavy suburb.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Noble Park North regardless of local market conditions.
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Start your first-home journey →2026 Outlook
Capital-growth expectations for Noble Park North are modest for 2026 — incomes 21% below the VIC median of $95,160 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~87% of the typical mortgage ($1,521/month rent vs $1,757/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Noble Park North is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.
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Frequently Asked Questions
Is Noble Park North a good suburb for investment?
Whether Noble Park North suits you depends on your strategy, but the fundamentals are concrete: a population of 7,436, a median household income of $75,504/year and median weekly rent of $351. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Noble Park North?
The main demand drivers in Noble Park North are proximity to Melbourne (25 km), a median household income of $75,504/year, a dwelling mix that is 85% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Noble Park North?
Noble Park North has a usual resident population of approximately 7,436, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Noble Park North from the Melbourne CBD?
Noble Park North sits 25 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
What is the median rent in Noble Park North?
The most recent census recorded a median weekly rent of $351 in Noble Park North, equating to approximately $18,252/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Noble Park North?
The median monthly mortgage repayment in Noble Park North is $1,757, or approximately $21,084/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Noble Park North cash-flow positive for investors?
A median weekly rent of $351 works out to $1,521/month, covering 87% of the median mortgage repayment of $1,757/month. That leaves a $236/month shortfall (around $2,832/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Noble Park North?
The main risks are interest-rate sensitivity on the $1,757 median mortgage, below-median household incomes ($75,504 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Noble Park North profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.