Novar Gardens at a glance
2,519
People
$1,450,000
Median sale
$576/wk
Median rent
2.07%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Novar Gardens › Stanford Ave
$575,000
Last sold
19 Oct 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
294 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$575,000
19 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Novar Gardens (last 5 years) with land size have a median of $1,777/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Novar Gardens at a glance
2,519
People
$1,450,000
Median sale
$576/wk
Median rent
2.07%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Novar Gardens
-60.3%
Median sale
Suburb $1,450,000
+3.14 pp
Gross yield
Suburb 2.07%
Suburb median $1,450,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $576/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Novar Gardens at a glance
2,519
People
$1,450,000
Median sale
$576/wk
Median rent
2.07%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts VennMillarA simply stunning property within a magical estate. A rare once in a lifetime opportunity to secure a property within this tightly held location. Surrounded by quality homes and manicured tree lined streets. A stroll to the adjacent shops, public transport, Immanuel College or take a short drive to the coast or city, the choice is yours.
The lifestyle residence offers so much-
Three spacious bedrooms with built in robes and ceiling fans, downstairs master with en-suite.
Open plan living and dining area with built in wall to wall cupboards plus spacious kitchen featuring plenty of cupboard space a wall oven, electric cooktop, dishwasher and breakfast bar.
The Large living area offers access to 2 courtyards, one featuring the spacious pergola for entertainment and the other for your enjoyment as a feature garden area.
There are fabulous views from the upper level to the hills and beyond.
The handy corner block offers privacy and rear lane access to the double garage.
There is Solar electricity installed, down light's plus brand new quality carpet has just been laid and freshly painted throughout.
Ducted reverse cycle air conditioning plus ceiling fans will keep you comfortable all year round.
Feel safe with a fully monitored security system plus front fence and lockable keyed gates.
High ceilings also feature throughout.
The Spacious laundry with Linen press both upstairs and downstairs plus a handy under stair storage. Separate 3rd wc with vanity/powder room.
Easy care low maintenance fully enclosed yard.
Built to last by quality renowned Allan Shepard homes.
Don't miss out on this very rare opportunity!
Inspection is strictly by appointment only with Covid19 regulations in place.
Year built- 1999
Land- 294m2 approx.
Council- West Torrens
Zoned- r-residential neighbourhood centre
SA Water- $717.48 pa.
ESL- $95.20 pa.
Rates- $1098.45 pa.
Open Inspection Guidelines
Please note that due to Covid-19 restrictions easing, open home inspections are now able to be conducted. These are however limited to a maximum of 10 people attending at any one time and we will continue to implement strict hygiene protocols. We ask for your patience and cooperation as we all do our best to help keep our community safe. For further queries please don't hesitate to contact Andrew Elsegood on 0488 958 352.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries.
Listing description written by Andrew Elsegood, Harcourts VennMillar — reproduced as published, not verified by Districts.