Gobur vs Noble Park North
Property investment comparison - Gobur, VIC 3719 vs Noble Park North, VIC 3174
Head-to-head across core investment metrics: Gobur wins 1, 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.
| Metric | Gobur | Noble Park North |
|---|---|---|
| Median house price | $825K | $825K |
| Median unit price | $380K | $665K |
| Gross rental yield (houses) | 2.25% | 3.65% |
| Gross rental yield (units) | 3.24% | 4.21% |
| 1-year house growth | - | +3.3% |
| 3-year house growth | - | +12.1% |
| Vacancy rate | 6.1% | 2.3% |
| Population | 102 | 7,436 |
Gobur vs Noble Park North: what the numbers say
Houses cost about the same in both suburbs: the median house price is $825K in Gobur and $825K in Noble Park North.
For units, Gobur sits at a median of $380K against $665K in Noble Park North, which makes Gobur the more affordable unit market and Noble Park North the pricier one.
On cash flow, Noble Park North leads: houses there return a gross rental yield of 3.65%, compared with 2.25% in Gobur, a gap of 1.40 percentage points.
Rental vacancy is 2.3% in Noble Park North and 6.1% in Gobur, 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 102, roughly 73 times the size of Gobur; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Noble Park North for rental income, 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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Noble Park North, VIC 3174
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