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Edi Upper vs Noble Park North

Property investment comparison - Edi Upper, VIC 3678 vs Noble Park North, VIC 3174

Head-to-head across core investment metrics: Edi Upper wins 2, Noble Park North wins 3. 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.

MetricEdi UpperNoble Park North
Median house price$830K$825K
Median unit price$515K$665K
Gross rental yield (houses)4.64%3.65%
Gross rental yield (units)2.45%4.21%
1-year house growth-+3.3%
3-year house growth-+12.1%
Vacancy rate3.1%2.3%
Population1097,436

Edi Upper vs Noble Park North: what the numbers say

The median house price is $830K in Edi Upper and $825K in Noble Park North, so Noble Park North is the cheaper entry point, with Edi Upper houses about 1% dearer.

For units, Edi Upper sits at a median of $515K against $665K in Noble Park North, which makes Edi Upper the more affordable unit market and Noble Park North the pricier one.

On cash flow, Edi Upper leads: houses there return a gross rental yield of 4.64%, compared with 3.65% in Noble Park North, a gap of 0.99 percentage points.

Rental vacancy is 2.3% in Noble Park North and 3.1% in Edi Upper, so landlords in Noble Park North face less competition for tenants.

Noble Park North is the bigger suburb, with a population of 7,436 against 109, roughly 68 times the size of Edi Upper; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Edi Upper for rental income, Noble Park North for a lower purchase price, Noble Park North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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