2/59-61 Dunblane Road, Noble Park VIC 3174

3 bed villa in tight Noble Park block | 2 car spaces rare for townhouse | sold 2022 off market since | comparable unit up 525% since 1999 The buying case for this townhouse rests on its parking configuration and the complex’s proven capital trajectory. Two dedicated spaces in a villa-style development at this price point are uncommon and give a buyer an immediate edge over neighbouring units with single carports. The 259m² lot, though compact, supports low-maintenance living that suits downsizers or investors targeting the steady rental demand near Noble Park’s transport corridor — the suburb’s 10.6% growth and 3.8% yield signal a market that absorbs stock without discount pressure. The 525% gain on Unit 3 since 1999 suggests the complex itself has structural value drivers beyond individual fit-outs. The risk is the limited interior data and the off-market status since 2022, which means any buyer must verify condition and renovation history directly — the $405k building record versus the $740k estimate highlights valuation ambiguity that could complicate financing. The opportunity is to acquire before the next comparable sale resets the benchmark, particularly if Unit 4’s noted capital growth accelerates. Hold this property for rental income or as a staged entry into Noble Park’s rising corridor; do not flip without a full building inspection and recent comparable sale.