Novar Gardens, SA 5040

Novar Gardens, SA 5040

Compare Part of West Torrens

7.83 km
Distance from CBD
3 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$498,000
0.0% $353,000 $1,150,000 28
2010
$545,000
+8.6% $395,000 $872,000 25
2011
$520,000
-4.8% $388,000 $1,025,000 26
2012
$560,000
+7.1% $398,000 $750,000 29
2013
$495,000
-13.1% $170,000 $901,000 25
2014
$532,500
+7.0% $370,000 $795,000 39
2015
$582,500
+8.6% $405,000 $1,650,000 27
2016
$600,000
+2.9% $500,000 $1,250,000 23
2017
$640,000
+6.3% $510,000 $928,288 33
2018
$661,900
+3.3% $530,000 $1,220,000 30
2019
$640,000
-3.4% $477,000 $920,000 27
2020
$675,000
+5.2% $490,000 $1,651,000 26
2021
$953,000
+29.2% $635,000 $1,531,000 27
2022
$915,000
-4.2% $600,000 $1,404,000 23
2023
$1,020,000
+10.3% $825,000 $1,522,000 24
2024
$975,000
-4.6% $948,000 $1,101,000 4
Median Sale Price
$1.02M
Based on 24 recorded sales within the last 12 months
Updated on 28 Mar 2024
Suburb Growth
+11.8%
Current Median Price: $1,020,000
Previous Median Price: $900,000
Based on 46 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$435
0.0% $300 $650 13
2012
$450
+3.3% $260 $510 9
2013
$395
-13.9% $300 $540 24
2014
$425
+7.1% $260 $490 8
2015
$420
-1.2% $335 $600 22
2016
$430
+2.3% $280 $590 17
2017
$495
+13.1% $380 $650 16
2018
$430
-15.1% $280 $650 12
2019
$430
0.0% $330 $600 13
2020
$490
+12.2% $395 $850 9
2021
$480
-2.1% $380 $700 11
2022
$750
+36.0% $495 $900 6
2023
$790
+5.1% $535 $850 9
2024
-
- - - -
Median Rent Price
$800
per week
Based on 6 recorded rent within the last 12 months
Updated on 28 Mar 2024
Rent Price Growth
+1.3%
Current Median Rent: $800
Previous Median Rent: $790
Based on 12 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $1,020,000
Current Median rent: $800
Based on 30 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Novar Gardens

Houses sold in Last 12 months ends 23 Mar 2024

$948K

Median Sale Price

63%

Clearance Rate

5/8

Sold/Reported

$1.02M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
2

Similar Suburbs to Novar Gardens 5040

Based on median house sale price sold in last 12 months

Schools closest to Novar Gardens, SA 5040

School name Address Type Sector Distance
Immanuel Primary SchoolTop 50 SARATOGA DRIVENovar Gardens 5040 Primary Independent 0.06 km
Immanuel CollegeTop 50 32 MORPHETT ROADNovar Gardens 5040 Combined Independent 0.27 km
Our Lady of Grace School 38 BEADNALL TCEGlengowrie 5044 Primary Catholic 1.29 km
St John the Baptist Catholic School 342 ANZAC HWYPlympton 5038 Primary Catholic 1.41 km
William Light R-12 School ERRINGTON STREETPlympton 5038 Combined Government 1.55 km
St Leonards Primary School JERVOIS STREETGlenelg North 5045 Primary Government 1.55 km
Glenelg Primary School DIAGONAL ROADGlenelg East 5045 Primary Government 1.88 km
St Peter's Woodlands Grammar SchoolTop 50 39 PARTRIDGE STREETGlenelg 5045 Primary Independent 2.2 km
Plympton Primary School OWEN STREETPlympton 5038 Primary Government 2.28 km
Ascot Park Primary School PILDAPPA AVENUEPark Holme 5043 Primary Government 2.57 km