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 › Pine Ave
$565,000
Last sold
29 July 2017
3
Bedrooms
2
Bathrooms
1
Car spaces
590 m²
Land
172 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
$565,000
29 July 2017 · 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
-61.0%
Median sale
Suburb $1,450,000
+3.23 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 OCAUCTION Sat 29 Jul at 11am (usp)
Known as the hidden gem of the leafy western suburbs, Novar Gardens is positioned close to Glenelg Beach, with easy commuting to the city on the tram or bus. It provides affordable entry into a sought after suburb. This well presented colonial style home will be one that first homeowners, second homeowners and those looking to invest in their future will see value!
You will appreciate the 590sqm of manicured green surrounds, with a stunning date palm as its visual centrepiece. Its offers a versatile floorplan, complete with multiple living areas for the growing family where you can add value with renovations or simply move in, update at your leisure and enjoy.
What we love:
- Formal and casual living areas including carpeted separate lounge with fireplace and dining with French doors to the outdoor entertaining
- Low maintenance polished floorboards up entry, with updated vinyl tiles in the kitchen and sunroom, perfect for the kids play area
- Kitchen with walk in pantry, dishwasher, double sink, wall oven and window views to the grassed back yard to watch over the kids
- Master bedroom with bay window, ensuite and built in cupboards, plus ceiling fan
- Bedrooms 2 & 3 are of good size, built in cupboards in bedroom 2
- Original bathroom in immaculate condition with full size bath and shower
- Separate laundry with rear access and built in cupboards plus separate toilet
- Undercover alfresco area for year round entertaining
- Ducted reserve cycle air conditioning throughout and wall unit in lounge
- Drive through secure carport, garden shed and side yard access
- Numerous parks and reserves in the vicinity including Lindfield Reserve close by and The Glenelg Golf Club at the end of Pine Avenue
Convenience is second to none with the likes of the beach, major shopping centres including Harbour Town and Westfield Marion, prestigious schools, sports reserves, parks and playgrounds at your door step all making this the easy breezy relaxed lifestyle.
We look forward to showing you through this delightful home at one of our open inspections.
OUWENS CASSERLY - MAKE IT HAPPEN
Listing description written by Judy Myers, OC — reproduced as published, not verified by Districts.