13 Bowman Street, Noble Park VIC 3174
13 Bowman Street, Noble Park VIC 3174
13 Bowman Street is a 5-bedroom, 3-bathroom single-level house built in 1960 on a 655m² lot with 5 car spaces and an internal area up to 345m². It sits in the Yarraman Estate zone of Noble Park, with a 53% building coverage and a low energy rating of 0/10.
What is competitively strong here is the sheer size and configuration. A 5-bedroom house on a 655m² lot is uncommon in Noble Park, where 3–4 bedroom stock dominates. The property’s quiet suburban positioning within the Yarraman Estate, walking distance to Yarraman Primary School, Noble Park Secondary College, the train station, and Eastlink Trail, gives it a practical edge for families who need space and transit access. The 5 car spaces, including a double carport, are a rare find for an older build and suit households with multiple vehicles or tradies. This property best serves a family seeking a large lot with room to spread out, or a buyer who values proximity to schools and transport over modern finishes. Its 1960s build and low energy efficiency mean it is not competing with newer homes on aesthetics, but on sheer floor area and land.
The low energy efficiency rating of 0/10 may materially affect the property’s value, as it signals higher ongoing utility costs and potential buyer resistance in a market increasingly aware of sustainability. The 1960s construction, while solid for its era, may require updates to wiring, insulation, or plumbing, which a buyer should weigh when forming a view on price. The estimated rental yield of around 3.4% suggests steady but not exceptional demand, meaning the property’s resale value will hinge more on its land and location than on rental income potential. No flood, bushfire, or heritage overlays reduce risk, but the older build quality and lack of modern energy features might limit how much a buyer is willing to pay relative to newer stock in the same suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Bowman Street, Noble Park VIC 3174
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Noble Park is an affordable, family-oriented suburb attracting first-home buyers and investors, driven by its sense of community and accessibility. Recent price growth has been solid, though the market shows signs of softening with increased days on market and a notable decline in sales volume. Future growth is underpinned by steady population increases, yet is constrained by household incomes that remain below the metropolitan average, indicating sensitivity to economic pressures.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
655m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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