Novar Gardens SA 5040

Here you can find what you need to know about Novar Gardens, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$644k Median Sale Price (National Average $485k) 106th In SA
-0.73% Median Price Change (1 yr) (National Average 4.30%) 1359th In SA
$453pw Median Rent (National Average $395) 76th In SA
3.7% Median Gross Yield (National Average 4.24%) 305th In SA
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Properties sold 32
Average discounting -5.33%
Average Days on Market 53
Stock on Market 3 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Novar Gardens, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Novar Gardens, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Novar Gardens, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Novar Gardens


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Latest Auction Results for Novar Gardens as at 14 July 2019

Property Details
Sale Price
4Bed / 2Bath / 2Car / House
Passed In

State Auction Clearance Rates - July 2019

Auctions Clearance rate
SA 58 44%
ACT 36 67%
NSW 316 73%
NT 5 20%
QLD 76 31%
TAS 1 100%
VIC 348 71%
WA 12 30%

Local Schools


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Suburb Information

Novar Gardens, SA 5040

Part of: West Torrens Council No data available

The size of Novar Gardens is approximately 1.8 square kilometres. It has 11 parks covering nearly 8.3% of total area. The population of Novar Gardens in 2011 was 2,325 people. By 2016 the population was 2,492 showing a population growth of 7.2% in the area during that time. The predominant age group in Novar Gardens is 10-19 years. Households in Novar Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Novar Gardens work in a professional occupation. In 2011, 67.4% of the homes in Novar Gardens were owner-occupied compared with 67.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Novar Gardens

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Novar Gardens   for Houses in last 12 months


There have been 32 Houses sold in Novar Gardens in the past 12 months with a median sale price of $644K, up -0.73% annually. It takes on average 53 days to sell with vendor discounting of -5.33%.

Streets in Novar Gardens


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