Is NOVAR GARDENS a good suburb for positive geared property investment in Australia?

NOVAR GARDENS in SA currently features property rental yields up to 2.9% with a 12-month capital growth value of Up 16.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NOVAR GARDENS 5040?

The median house price in NOVAR GARDENS 5040 is approximately $1,400,000 based on the latest tracked market indices.

Investment Spotlight • Australia

NOVAR GARDENS 5040

State: SA

Updated: 6 August 2026

PosiProp AI Investment Summary

NOVAR GARDENS (SA 5040) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 16.7%, with a median house buy price of $1,400,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

–

Not available 2.9% Yield

3 house • buy

$1,160,000

Up 11.5% 2.9% Yield

4 house • buy

$1,416,000

Up 15.1% 3.0% Yield

all house • buy

$1,400,000

Up 16.7% 2.9% Yield

Suburb Market Profile

Last month Novar Gardens had 1 property available for rent and 2 properties for sale. Median sold prices over the last year is $1,400,000 for houses. If you are looking for an investment property, consider houses in Novar Gardens rent out for $680 PW with an annual rental yield of 2.9% and units rent for $630 PW with a rental yield of 4.0%. Novar Gardens has seen an annual compound growth rate of 16.7% for houses.

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