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Noble Park vs Warncoort

Property investment comparison - Noble Park, VIC 3174 vs Warncoort, VIC 3243

Head-to-head across core investment metrics: Noble Park wins 1, Warncoort wins 0. 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.

MetricNoble ParkWarncoort
Median house price$840K$840K
Median unit price$600K-
Gross rental yield (houses)3.66%2.92%
Gross rental yield (units)5.00%-
1-year house growth+5.2%-
3-year house growth+15.4%-
Vacancy rate0.9%-
Population32,257146

Noble Park vs Warncoort: what the numbers say

Houses cost about the same in both suburbs: the median house price is $840K in Noble Park and $840K in Warncoort.

On cash flow, Noble Park leads: houses there return a gross rental yield of 3.66%, compared with 2.92% in Warncoort, a gap of 0.74 percentage points.

Noble Park is the bigger suburb, with a population of 32,257 against 146, roughly 221 times the size of Warncoort; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Noble Park for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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