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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

36 David Street, Noble Park VIC 3174

$835,000 - $870,000

House 4 Beds 1 Bath 3 Cars 602 m² 119 m²
Listed: 1 hour ago
Overview

This property at 36 David Street in Noble Park represents a promising opportunity predominantly for developers, investors, and savvy buyers focused on capitalising in a thriving suburban location.

Occupying a substantial 602 square metre rectangular allotment with an enviable 17-metre northern frontage, the site inherently lends itself to a variety of development options, including multi-unit or dual-occupancy projects, subject to council approval (STCA). This makes the landholding particularly attractive for those looking to invest strategically or plan future developments amidst strong buyer demand in the area.

Enhancing the value proposition is the existing four-bedroom home that sits comfortably on the property. Though modest, the residence has been well maintained, featuring updated flooring, a recently renovated bathroom, a central kitchen with gas cooking facilities, and multiple split system air conditioning units providing year-round comfort. The generous living space alongside the updated interiors offers immediate rental appeal, allowing owners either to enjoy leasing the property while planning for redevelopment or to occupy with the flexibility to expand or improve on the existing footprint.

The property's location bolsters its desirability further, being within convenient walking distance to Noble Park Village, public transport options including the train station, retail amenities, schools such as Wallarano Primary and various secondary institutions, and local cafes. The accessibility to major arterial routes including EastLink and Monash Freeway ensures efficient commuter convenience to wider Melbourne, supporting both lifestyle and investment merits.

This address is well-suited to a range of purchasers—from developers seeking a footprint for future projects, investors requiring a property with immediate income potential, to families or downsizers who value the location's amenity and the flexibility of the existing home. It is an attractive proposition combining immediate usability with long-term capital growth potential in a well-connected suburb.

  • 602m² (approx.) level allotment with 17m frontage and northern aspect providing development flexibility.
  • Existing four-bedroom home with modern updates and renovated bathroom offering comfortable living spaces.
  • Spacious living area and functional central kitchen with gas cooking.
  • Equipped with five split systems enhancing climate control throughout.
  • Immediate rental income potential with sound presentation.
  • Close proximity to Noble Park amenities, transport links, schools, and regional freeway access.

Overall, this property unlocks significant potential for those aiming to develop, invest, or landbank in a sought-after location, representing a considered balance between immediate utility and promising future value enhancement.

Local Market Insights

In Noble Park, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $809,833. The property type mix of listed properties is predominantly Units at 44%, followed by townhouses (28%), and houses (24%). The most active agency for houses in the Noble Park area is currently McGrath Estate Agents, representing 33% of new listings, followed by Ray White with 33%. 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.

Location
Market Insights for Noble Park VIC 3174
New Listings (last 30 days)
6
Average price
$809,833
Lowest price
$720,000
Highest price
$870,000
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