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VIC › Noble Park › Princes Hwy

1/485 Princes Hwy, Noble Park VIC 3174

For saleUnit

$550,000–$605,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

373 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000–$605,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000–$605,000(Listing record · 19 Aug 2026)
  • FactLand 373 m²; no building size recorded.(Property record)
  • CalculationAsk is 33% below the Noble Park median recorded sale ($816,000, n=57, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Noble Park's advertised median rent ($514/wk), implied gross yield would be 4.86% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$550,000–$605,000

Asking range · $1,475/m² of land

No recorded sale for this property.

Noble Park at a glance

34,570

People

$816,000

Median sale

$514/wk

Median rent

3.28%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Noble Park report →

Vs Noble Park

-32.6%

Median sale

Suburb $816,000

+1.58 pp

Gross yield

Suburb 3.28%

Suburb median $816,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$550,000
Stamp Duty (Victoria)
$28,070
Transfer/Registration Fee
$1,391
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$583,161

$33,161 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Noble Park's advertised median rent — not a rent for this listing.

Net yield
3.36%
Annual cashflow (pre-tax)
$-10,122
Interest cover (DSCR)
0.65
Annual rent
$26,728
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
4.86%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$550,000–$605,000available19 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $514/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Noble Park in one glance

Noble Park at a glance

34,570

People

$816,000

Median sale

$514/wk

Median rent

3.28%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Noble Park report →

Keep researching

  • Why Noble Park? Read the area thesis →
  • What else is on the market in Noble Park →
  • Other records on Princes Hwy →

Listing material

Listed by Barry Plant Noble Park / Keysborough

SPACE, STYLE AND COMPLETE INDEPENDENCE

Sale by SET DATE: Tuesday 15th September at 11am (unless sold prior)

From the moment you arrive, you'll immediately realise this is no ordinary unit. Set on an impressive 373 square metre allotment, this beautifully presented two-bedroom home is completely separate, with its own driveway, no body corporate fees, and an incredible amount of private outdoor space - giving it the feel and flexibility of a standalone home.

Behind the high front fence, you're welcomed by a wonderfully spacious yard that wraps around the property, offering plenty of room to relax, garden, or even create additional secure parking for work vehicles, a caravan, trailer or recreational toys.

Read the full description

The long private driveway leads to a single lock-up garage, with ample additional off-street parking. Beside the garage, wide gated access opens through to the rear yard, providing even more flexibility for storage or trailer access.

Step inside and the home continues to impress. The interior has been completely remodelled and presented to perfection, with beautiful solid timber flooring flowing seamlessly through the open-plan living and kitchen areas. Large windows capture views across the front and side gardens while flooding the home with natural light, complemented by fresh paintwork, modern downlights and stylish Holland blinds.

At the heart of the home is the fully renovated kitchen, featuring contemporary laminate cabinetry, an under-bench oven, gas cooktop, canopy rangehood, dishwasher and plenty of space for a large fridge.

Both bedrooms are positioned privately along the hallway and feature built-in robes, while the family bathroom includes both a shower and bath. There's also the convenience of a separate toilet and a dedicated laundry with direct access to the backyard.

Outside, the secure rear yard is complete with a garden shed, raised veggie patch and a covered alfresco area with attractive brick paving, providing a sheltered spot to sit and enjoy the outdoors throughout the seasons.

Year-round comfort is taken care of with split-system heating and cooling, while further highlights include an instantaneous hot water system, a fully plastered and insulated garage, and a roof that has been repainted and repointed.

Beautifully renovated, exceptionally well cared for and ready to simply move in and enjoy, this is one of those properties that makes an impression from the moment you arrive. With so much on offer and absolutely nothing left to do, make sure this one is at the top of your inspection list.

Photo I.D. required at all inspections.

DISCLAIMER:

The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Listing description written by Tim Stickley, Barry Plant Noble Park / Keysborough — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

Also look at

Also for sale in Noble Park

  • U14, 527 Princes Hwy, Noble Park VIC 3174

    2-bed unit. Asking $520K–$570K.

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  • U2, 473 Princes Hwy, Noble Park VIC 3174

    2-bed unit. Asking $480K–$520K.

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  • U3, 473 Princes Hwy, Noble Park VIC 3174

    2-bed unit. Asking $389K–$399K.

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  • 1,2&3/33 Bowmore Rd, Noble Park VIC 3174

    3-bed unit. Currently listed.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.