What is the current median house price in NOVAR GARDENS, SA?
The median house price in NOVAR GARDENS, SA 5040 is $1,422,000 as of 2026. The median unit/apartment price is $221,000. Prices have grown by 35.4% over the past 12 months.
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Core Market Intelligence — June 2026
The median house price in NOVAR GARDENS, SA 5040 is $1,422,000 as of 2026. The median unit/apartment price is $221,000. Prices have grown by 35.4% over the past 12 months.
NOVAR GARDENS shows favourable investment fundamentals. Key indicators include positive 12-month capital growth of 35.4%, a rental yield of 5.4%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in NOVAR GARDENS, SA 5040 is approximately 5.4%, with a median weekly rent of $368. This is considered a strong yield for the Australian market.
NOVAR GARDENS, SA 5040 has a population of 1,800 with a median age of 40. The median household income is $53,464. 71% of residents are owner-occupiers.