NOVAR GARDENS 5040
State: SAPosiProp AI Investment Summary
NOVAR GARDENS (SA 5040) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Up 14.7%, with a median house buy price of $1,365,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,160,000
$1,411,000
$1,365,000
Suburb Market Profile
Last month Novar Gardens had 2 properties available for rent and 5 properties for sale. Median sold prices over the last year is $1,365,000 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 3.0% and units rent for $630 PW with a rental yield of 3.9%. Novar Gardens has seen an annual compound growth rate of 14.7% for houses.
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