Novar Gardens Property Investment Overview

Suburb research data for Novar Gardens, SA 5040 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2024 Rent 2026
Median House Price
$534,000
2024 data · estimate
Gross Rental Yield
6.8%
Weekly Rent
$700
Renter Demand
40%
of residents rent
Vacancy Rate
Rental market indicator
Population
2,508
Suburb residents

🔓 Unlock the full research view

Free account unlocks: confidence score, risk flags, data-quality notes, cashflow snapshot and due-diligence checklist for Novar Gardens.

Create free account Sign in Buy a one-off report — from $9

Free forever · no credit card · 30 seconds to set up

📬 Email me this Novar Gardens snapshot

The key figures on this page — median, rent, yield and their sources — in your inbox for when you're comparing shortlists. One email, no mailing list.

📍 Suburb Overview

State SA
Postcode 5040
Median house price $534,000
Median unit price
Weekly rent (median) $700/wk (unlock cashflow model)
Gross yield 6.8% (unlock risk & score)
Renter % 40.2%
Vacancy rate
Population 2,508
Median household income $76,336/yr
Owner-occupied 59.8%
Median age 45 yrs
Total dwellings 619

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 74

Novar Gardens shows above-average reported crime compared with other SA suburbs, based on 2025 state police data.

Source: SA police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: Low Low

Limited recent transactions — the price is an estimate, not transaction-verified. Treat as a starting point.

Last updated: 2026 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

Low vacancy (0.0%) — tight rental market
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Higher reported crime (74 incidents/1,000 residents) — SA reported data 2025
Sign in to unlock: confidence score, risk flags, rent assumption, cashflow snapshot and exportable due-diligence checklist.

Price History

We only chart a price trend when the underlying source data is consistent enough to be reliable. For this suburb, the current median above reflects the latest data we can stand behind.

🏫 Schools

School data is not yet available for SA suburbs (currently NSW & VIC).

🔄 Compare & Explore

Novar Gardens's 6.8% gross rental yield is above the SA median of 5.1%, across 555 SA suburbs with public data.

Similar suburbs in SA by price range, ranked by yield:

Maslin Beach, SA
8.3% yield
$502,000
Gepps Cross, SA
8.1% yield
$500,000
Reynella East, SA
8.0% yield
$442,000
Brahma Lodge, SA
7.9% yield
$393,000
Hayborough, SA
7.8% yield
$387,000
Ferryden Park, SA
7.7% yield
$456,000
Compare with nearby Open comparison →
Best suburbs to invest in SA View SA shortlist →
Highest rental yield suburbs National leaderboard →
Investment analysis tool Run analysis →
Deal Review Review a property →

💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $534,000
Deposit (20%) $106,800
Loan (80% LVR) $427,200
Weekly rent $700/wk
Annual rent income $36,400/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
🔒 Sign in to see net cashflow, costs & full model Create free account Already have an account? Sign in

❓ Frequently Asked Questions

Is Novar Gardens a good suburb to invest in?

Novar Gardens has an average renter proportion. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Novar Gardens?

The median house price in Novar Gardens is approximately $534,000 based on 2024 public data (estimate — limited transaction evidence available).

What is the rental yield in Novar Gardens?

The indicative gross rental yield in Novar Gardens is 6.8%, based on a median weekly rent of $700 against a median price of $534,000. This is general data only — actual yields vary by property, condition and market timing.

How does Novar Gardens compare to other suburbs?

Use the suburb comparison tool to compare Novar Gardens against other Australian suburbs by price, yield, vacancy and renter demand.

Is Novar Gardens a safe suburb?

Novar Gardens shows above-average reported crime compared with other suburbs in SA, based on 2025 state police data. The reported crime rate is about 74 incidents per 1,000 residents. Always check current local crime statistics before deciding.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

For buyer's agents & mortgage brokers

Turn Novar Gardens's data into a branded client report

A white-label PDF on your branding — rents with sample sizes, schools and an investment score. Every figure cites its government source.

For buyer's agents For brokers
General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →