FOR SALE
$95,000 to $100,000

5/58-59 Douglas Street
Noble Park VIC 3174

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Student Accommodation – Studio Apartment

A great opportunity to purchase an investment and let the $$$ return do all the hard work for you. Located right in the Heart of Noble Park only metres from the Station and shops. This ground-floor studio apartment features heating and cooling, a kitchenette, bathroom and a toilet. There'll never be a shortage of tenants for this type of accommodation!
Currently returning $10,920 per annum you'll enjoy an approximate 11% gross return.
Don't miss out on this great opportunity!
Terms: 10% deposit. Balance 30-60 days
Contact:
DANIEL PEPPERELL
0418 105 105
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Property Details for 5/58-59 Douglas St, Noble Park

5/58-59 Douglas St, Noble Park is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with CENTURY 21 WILSON PRIDE (Noble Park).

Building Type
Apartment

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About Noble Park 3174

The size of Noble Park is approximately 8.6 square kilometres. It has 22 parks covering nearly 6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016.

Noble Park has 15,218 properties. Over the last 5 years, Houses in Noble Park have seen a 25.01% increase in median value, while Units have seen a 14.43% increase. As at 31 October 2024:

  • The median value for Houses in Noble Park is $800,565 while the median value for Units is $509,111.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 85 properties listed for sale, and 22 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 533 properties were sold in the past 12 months in Noble park.

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Daniel Pepperell
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CENTURY 21 WILSON PRIDE (Noble Park)
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