Springvale vs Noble Park

Noble Park (median $820,000) is roughly 12% cheaper to buy into than Springvale ($931,500).

Buying in Springvale or Noble Park?

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Springvale and Noble Park side by side

MeasureSpringvaleNoble Park
Price and market
Median house$931,500$820,000
Median unit$627,500$595,000
Renting
House rent$570/wk$550/wk
Unit rent$520/wk$495/wk
Owner occupied–56.0%
Renter occupied–40.0%
Schools
Schools nearby2020
Average ICSEA994980
Lifestyle and people
Walk score100100
Transit score8020
Bike score100100
Population–32,257
Median age–35
Climate
Annual rainfall733 mm733 mm
Mean max, January26.3°C26.3°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Springvale (994) sits above Noble Park (980).

For buyers
Noble Park is the lower entry point at $820,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Noble Park offers the higher gross rental yield (3.49% vs 3.18%), favouring cash-flow investors.
For families
Springvale edges out on average school ICSEA (994 vs 980).

Springvale vs Noble Park: common questions

Is Springvale or Noble Park cheaper to buy in?

Noble Park has the lower median house price at $820,000, roughly 12% below Springvale ($931,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Springvale or Noble Park have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Springvale scores 994 vs 980 in Noble Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Springvale or Noble Park?

Gross rental yield on houses is 3.49% in Noble Park vs 3.18% in Springvale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.