24 Shirley Street, Noble Park VIC 3174
24 Shirley Street, Noble Park VIC 3174
| Corner 403m² block | 3-bed with 2 car spaces | Strong family and investor demand | Only 1 bathroom a constraint | No confirmed updates since 1977
The corner allotment is often prized for its additional street frontage and potential for dual access, giving this house a rare spatial advantage over standard mid-block properties. Its three-bedroom configuration with two car spaces is practical for a family or an investor targeting the broad rental market. Positioned within reach of Sandown station and local shopping, the location offers everyday connectivity without being in a high-traffic core. This property is best suited to buyers seeking a detached house on land at a more accessible price point than inner suburbs, particularly families wanting to secure a corner block and investors attracted by a moderate rental yield and land-based growth.
The single bathroom and the absence of confirmed renovation history may limit appeal for some buyers, who might assign a discount for expected upgrading work. The modest 105 square metre internal footprint, while typical of its era, could feel tight compared to newer builds. The corner placement is generally a positive but might also bring slightly more road exposure or pedestrian traffic than a rear lot. These factors should be weighed against the benefits of the allotment size and the property’s basic but functional layout when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Shirley Street, Noble Park VIC 3174
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✕
2
Noble Park VIC 3174
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.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
403m²
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst