Rare 795m2 - Corner Site Development site

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Location

Market Insights for Noble Park VIC 3174

New Listings (last 30 days)

Average price

$775,933

Lowest price

$670,000

Highest price

$1,000,000

13 Arena Square, Noble Park VIC 3174

Online Auction: $850,000 - $935,000

Search Band

$850k - $935k Low Confidence Calculated based on limited search observations.

House 3 beds 1 bath 1 car 795 m²

Listed: 17 hours ago

Overview

This property offers a rare chance to acquire a substantial corner allotment of approximately 795 square meters in a peaceful, central location in Noble Park, directly opposite the scenic Pat Wright Oval. This generous land size and corner positioning provide excellent development potential, including options for unit or townhouse projects subject to council approvals. The land's versatility also appeals to buyers keen on remodeling or extending the existing home to capitalize on the premier location.

The site benefits from proximity to community and recreational facilities, including the Noble Park Football Club, tennis and bowls clubs, fostering a strong neighborhood community feel. Educational amenities are conveniently close, with Wallarano Primary School just 150 meters away and St Anthony's Primary School nearby. Transport options are easily accessible, including a short walk or drive to Noble Park train station and nearby bus stops servicing the area.

The existing residence, spanning around 80 square meters, features three bedrooms, one bathroom, and a single garage space, currently tenanted with lease tenure until May 2027. While the home requires upgrades, its value principally rests in the land and location advantages it offers.

Corner site with strategic positioning opposite recreational parks
Generous land area suited for redevelopment or significant extension
Excellent community facilities and schooling in close vicinity
Convenient access to public transport and shopping precincts
Currently tenanted property with long-term lease in place

This property is likely to attract developers, investors, and renovators seeking a prime location with strong future potential. Its combination of land size, position, and community access offers a compelling foundation for a variety of residential projects or lifestyle improvements.

Local Market Insights

In Noble Park, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $775,933. The property type mix of listed properties is predominantly Houses at 48%, followed by townhouses (26%), and units (16%). The most active agency for houses in the Noble Park area is currently McGrath Estate Agents, representing 27% of new listings, followed by Ray White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.