Noble Park North vs Tarrington
Property investment comparison - Noble Park North, VIC 3174 vs Tarrington, VIC 3301
Head-to-head across core investment metrics: Noble Park North wins 2, Tarrington 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 | Noble Park North | Tarrington |
|---|---|---|
| Median house price | $825K | $820K |
| Median unit price | $665K | $395K |
| Gross rental yield (houses) | 3.65% | 2.00% |
| Gross rental yield (units) | 4.21% | 6.04% |
| 1-year house growth | +3.3% | - |
| 3-year house growth | +12.1% | - |
| Vacancy rate | 2.3% | 12.4% |
| Population | 7,436 | 328 |
Noble Park North vs Tarrington: what the numbers say
The median house price is $825K in Noble Park North and $820K in Tarrington, so Tarrington is the cheaper entry point, with Noble Park North houses about 1% dearer.
For units, Noble Park North sits at a median of $665K against $395K in Tarrington, which makes Tarrington 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 2.00% in Tarrington, a gap of 1.65 percentage points.
Rental vacancy is 2.3% in Noble Park North and 12.4% in Tarrington, 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 328, roughly 23 times the size of Tarrington; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Noble Park North for rental income, Tarrington 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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Noble Park North, VIC 3174
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