Noble Park is a large suburb in Victoria within the Greater Dandenong local government area (postcode 3174). It is home to about 32,257 residents, with a blend of families and working-age professionals and a median age of 35. Households earn a median income of $72K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, professionals, technicians & trades. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Vietnamese, English, Australian.
Noble Park has a median house price of $728,000, which has declined by 6.5% year-on-year. Units have a median price of $438,000 (-19% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,647.
Noble Park is served by 8 schools, including 5 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 958, which is around the national average of 1,000. Public transport access includes 12 rail stations, 71 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Greater Dandenong LGA is higher than average at 13,153 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.7% (moderate yield). Property prices are near the state median ($728K/$850K). The price-to-income ratio of 10.1x is considered stretched. House prices have moved -6.5% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.