Novar Gardens, SA 5040
Compare Part of West Torrens
7.83 km
Distance from Adelaide CBD
3 k
Population
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,050,000 | +2.9% | $860,000 | $1,751,000 | 24 |
Median Sale Price
$1.05M
Based on 26 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+3.3%
Current Median Price: $1,050,000
Previous Median Price: $1,015,000
Based on 52 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $470 | +8.5% | $330 | $600 | 13 |
| 2020 | $490 | +4.1% | $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 | $850 | +7.1% | $750 | $900 | 4 |
Median Rent Price
$850
per week
Based on 4 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+7.1%
Current Median Rent: $850
Previous Median Rent: $790
Based on 13 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $1,050,000
Current Median rent: $850
Based on 30 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Novar Gardens
Houses sold in Last 12 months ends 16 Nov 2024
$1.11M
Median Sale Price
67%
Clearance Rate
8/12
Sold/Reported
$1.6M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 2 | |
| $800 K - $1 M | 3 | |
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 |