Novar Gardens

POSTAL CODE: SA, 5040
HOUSE

Homeowners and real estate investors betting on NOVAR GARDENS, 5040 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 20.96%.

A steady increase in median property prices over a five-year period in the suburb translates to a 29.46% capital gain.

Property investors in NOVAR GARDENS enjoyed capital gains of 20.96% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,233,750.

Profits due to an upward trend in home prices there averaged 9.82% per annum over a 3-year period.

Home owners selling their properties and realtors in NOVAR GARDENS usually have to wait an average of 41.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $675 mark, reflecting a 2.84% increase in returns based on the current median price in NOVAR GARDENS.

NOVAR GARDENS, 5040 places 155th in Australia based on median property value growth during the quarter.

Surburb overview

Novar Gardens is a quiet, family-friendly suburb situated approximately 9 kilometres southwest of Adelaide’s central business district (CBD). It is part of the City of West Torrens and is known for its peaceful residential atmosphere, well-maintained streets, and proximity to both the city and the popular coastal suburb of Glenelg. 

With a population of around 2,500 people, Novar Gardens offers a mix of housing styles, including spacious family homes, mid-century properties, and newer developments. Its location away from major traffic routes enhances the suburb’s appeal as a peaceful place to live.

Public transportation in Novar Gardens is convenient, with several bus routes providing direct access to Adelaide’s CBD and surrounding suburbs. The nearby Glenelg tram line offers further transport options, providing a direct route to both the city and the beach. Novar Gardens is also well-connected by major roads, including Anzac Highway and Tapleys Hill Road, making it easy for residents to commute by car to the city, Glenelg, and other nearby areas.

The nearby Glenelg precinct offers a vibrant retail and dining scene, with Jetty Road being home to a variety of shops, restaurants, and entertainment venues. Westfield Marion, one of South Australia's largest shopping centres, is also just a short drive away, providing residents with access to a wide range of retail outlets, supermarkets, and services.

The nearby Adelaide Shores and Glenelg Golf Club are popular destinations for those who enjoy golfing, with the latter offering a championship course and club facilities. Glenelg Beach, located just a few minutes away by car or tram, offers swimming, sunbathing, and other coastal activities, making it a favourite spot for locals and tourists alike.

Novar Gardens offers access to a variety of educational facilities, such as Immanuel College, a prestigious private school that offers co-educational learning from Reception to Year 12. There are also several other schools in nearby suburbs, such as Glenelg Primary School and Plympton International College, providing families with a range of schooling options.

Healthcare services in Novar Gardens are easily accessible, with several medical clinics, pharmacies, and allied health providers located nearby. Larger healthcare facilities, including Flinders Medical Centre and Ashford Hospital, are within a short drive, ensuring residents have access to high-quality medical care.

Novar Gardens is known for its strong sense of community, with local events and activities bringing residents together. The suburb’s peaceful streets, combined with its proximity to both the city and the beach, make it a highly desirable location for families and retirees looking for a relaxed, suburban lifestyle with modern conveniences.

You’re out of free articles for this month
Loading form...