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 › Old Dr
$735,000
Last sold
8 Mar 2018
5
Bedrooms
2
Bathrooms
2
Car spaces
600 m²
Land
232 m²
Building
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
$735,000
8 Mar 2018 · 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
-49.3%
Median sale
Suburb $1,450,000
+2.01 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 Magain Real EstatePlease contact Mike Dobbin or Zoe Usher for inspection times. <P>
Located in the heart of Novar Gardens, toward the end of a quiet cul-de-sac, this beautifully updated family home boasts a huge 232sqm floor plan with five bedrooms plus a study and modern tasteful renovations throughout. The 600sqm block backs onto the prestigious Immanuel College plus only minutes to Glenelg Beach, Jetty Road shopping precinct, and a multitude of cafes and restaurants. <P>
The functional floor plan offers five bedrooms, three with built in robes and the other two with their own split system air conditioners. The large master suite has large mirrored robes and large light filled windows looking over the rear gardens plus a renovated ensuite with floor to ceiling tiling and frameless glass shower. The renovated family bathroom matches the ensuite and includes a bath tub. There is also a study on entry perfect for the kids or great for running your own business from home. There are lovely floating timber floors on entry leading to the dining area and to a carpeted formal living room, again, with lots of natural light.
Walking through to the rear of the home to find the formal dining area with the beautifully renovated kitchen adjacent. This fabulous kitchen features waterfall breakfast bar, stainless steel appliances including gas cooking & dishwasher plus glass splashbacks & and glossy cabinetry. There is also a large walk in pantry plus store cupboard. Through to the side wing of the home you will find the remaining bedrooms, a rumpus room/games room for the kids plus the laundry with storage & third toilet. <P>
Outside you will find a sensational pitched entertaining area with timber decking. Complete with ceiling fan & outdoor lighting this is a great place to sit & relax with family & friends this Summer. Surrounding the entertaining area is lawn for the kids plus an established low maintenance garden. There is also a garden shed for added storage. To the front of the home are manicured gardens and lawn area plus plenty of off street parking. <P>
Finished with ducted reverse cycle air conditioning this beautiful family home is sure to impress. Don't miss out; call Mike or Zoe today. <P>
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
Listing description written by Mike Dobbin & Zoe Usher, Magain Real Estate — reproduced as published, not verified by Districts.