Corunnun vs Noble Park
Property investment comparison - Corunnun, VIC 3249 vs Noble Park, VIC 3174
Head-to-head across core investment metrics: Corunnun wins 1, Noble Park wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Corunnun | Noble Park |
|---|---|---|
| Median house price | $840K | $840K |
| Median unit price | - | $600K |
| Gross rental yield (houses) | 2.64% | 3.66% |
| Gross rental yield (units) | - | 5.00% |
| 1-year house growth | - | +5.2% |
| 3-year house growth | - | +15.4% |
| Vacancy rate | 0.8% | 0.9% |
| Population | 119 | 32,257 |
Corunnun vs Noble Park: what the numbers say
Houses cost about the same in both suburbs: the median house price is $840K in Corunnun and $840K in Noble Park.
On cash flow, Noble Park leads: houses there return a gross rental yield of 3.66%, compared with 2.64% in Corunnun, a gap of 1.02 percentage points.
Rental vacancy is 0.8% in Corunnun and 0.9% in Noble Park, so landlords in Corunnun face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Noble Park is the bigger suburb, with a population of 32,257 against 119, roughly 271 times the size of Corunnun; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Noble Park for rental income, Corunnun for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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