1/26 Kelvinside Road, Noble Park VIC 3174
1/26 Kelvinside Road, Noble Park VIC 3174
2-bed unit | renovated kitchen | single garage | ground-level | Noble Park
This is a straightforward, low-maintenance unit in a suburb where renovated stock consistently attracts attention. The recently updated kitchen and split-system heating and cooling remove the two most common objections buyers have with older units, while the laminate floors and private driveway make it feel more like a small house than a apartment block. It suits first-home buyers wanting to avoid strata complications, downsizers after single-level living, and investors chasing reliable rental demand. The light-filled interior and direct yard access are genuine advantages for this price point, giving it a lived-in warmth that comparable units on the street often lack.
The main value considerations centre on the modest land footprint and the absence of a second bathroom, which may limit appeal for families. The single garage is adequate but not generous, and the low-maintenance yard, while easy to manage, offers limited outdoor potential. The unit’s position within a small complex may also affect perceived privacy and street presence. Buyers should weigh the renovated condition against the property’s age and the likelihood that future owners will eventually want to update the bathroom or add parking. These factors might temper price growth compared with larger or more modern offerings in the area.
|| Comparable Sales: 1/111 Kelvinside Road sold for $290,000; 2/77-79 Kelvinside Road listed with renovated kitchen and two carports | Property Price Band: $280,000–$380,000 | Value Drivers: renovated kitchen, ground-level access, low-maintenance yard, single garage
Detailed Independent Property Report prepared by PropCred Analyst team for 1/26 Kelvinside Road, Noble Park VIC 3174
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Noble Park, in Greater Dandenong, is a family-oriented market with a 30–39 age cohort and strong community appeal attracting first-home buyers and investors. Median house prices sit near $830,000–$835,000 with annual growth of 6.3–7.9%; units are around $580,000–$583,000, up 5.5–8.0%. Houses transact in 27–71 days, yet annual sales volume has fallen 18.7%. Rental yields remain modest: houses 3.6–3.76%, units 4.4–4.7%. Demand is underpinned by affordability, 4.06% population growth since 2016, and established transport links. Constraints include household income trailing the Greater Melbourne average and longer listing times, signalling softer buyer conditions despite steady price growth.
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PropCred Estimated Value
Comparable Sales: 1/111 Kelvinside Road sold for $290,000; 2/77-79 Kelvinside Road listed with renovated kitchen and two carports | Property Price Band: $280,000–$380,000 | Value Drivers: renovated kitchen, ground-level access, low-maintenance yard, single garage
Bedrooms
2
Bathroom
1
Parking
2
Land
188m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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