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 2.8% and has experienced a 12-month capital growth of Up 21.3%, with a median house buy price of $1,310,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,160,000
$1,320,000
$1,310,000
Suburb Market Profile
Last month Novar Gardens had 1 property available for rent and 3 properties for sale. Median sold prices over the last year is $1,310,000 for houses. If you are looking for an investment property, consider houses in Novar Gardens rent out for $695 PW with an annual rental yield of 2.8% and units rent for $630 PW with a rental yield of 3.8%. Novar Gardens has seen an annual compound growth rate of 21.3% for houses.