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 › Morphett Rd
$1,106,900
Last sold
31 May 2024
4
Bedrooms
3
Bathrooms
6
Car spaces
623 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
$1,106,900
31 May 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Novar Gardens (last 5 years) with land size have a median of $1,817/m² of land (n=32). 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
-23.7%
Median sale
Suburb $1,450,000
+0.64 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 Belle Property GlenelgConveniently positioned just minutes away from all of Glenelg’s main attractions this spacious family home offers an extremely functional floor-plan made up of 4/5 bedrooms, 4 separate living areas, 3 bathrooms and a huge outdoor entertaining space.
Built with quality in 1992, the home provides a charming character feel whilst comfortably delivering all modern-day conveniences.
Ground Level features:
- Spacious, open plan kitchen including dishwasher, gas cook-top, corner pantry and island bench
- Formal lounge room with bay window
- Formal dining room – perfect for family dinners
- Casual meals area adjacent kitchen
- Family living area complete with Gas heater and access to the rear yard
- Home office/Bedroom 5
- Centrally located 3rd Bathroom with powder room, toilet, bidet and shower
- Split System air conditioning
- Separate laundry with added storage
- Double garage with drive through access to the workshop/third vehicle storage
- Massive outdoor entertaining area complete with built in bar – ideal for hosting family and friends year round
- Secure, easy to maintain rear yard with built in cubby house and additional room for kids and pets
Level 1 Features:
- Huge Master Suite with en-suite bathroom, walk in robe, dressing/sitting room and balcony
- Bedrooms 2,3 & 4 generous in size – bedroom 2 & 3 with roller shutters to windows and bedroom 2 & 4 with ceiling fans
- Large family bathroom complete with bath, shower, vanity and separate toilet
- Ducted reverse cycle air conditioning plus separate reverse cycle split system
- Solid timber staircase & feature chandelier
Additional features include:
- Wide Entrance hall
- Character features such as ceiling rosettes and feature chandeliers
- Ducted vacuuming
- An abundance of storage including built-in cupboards throughout and under stair storage
- Additional off-street parking for 3 vehicles – perfect for another car, boat, caravan or trailer
- 5KW solar panel system
- Garden Shed
- Secure double gates to the front of the property
Sitting on the doorstep of Immanuel College and within walking distance to public transport and convenient local shops. This is a fantastic family friendly location, nestled between the City and the Bay.
Council / West Torrens
Council Rates / 525 PQ
Zoning / Residential
Year Built / 1992
Land size / 623m2
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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Rhys Digance, Belle Property Glenelg — reproduced as published, not verified by Districts.