Novar Gardens SA Property Investment

West Torrens · 5040

Median House Price
$1.32M
Rental Yield
2.9%
Vacancy Rate
0.8%
Median Weekly Rent
$725/wk
Median Unit Price
$757K
Population
2,508
Days on Market
20 days
Annual Growth
13.0%

Novar Gardens Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$455/night
Occupancy Rate
42%
Est. Annual Revenue
$70K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

562

2020

466

2021

450

2022

329

2023

424

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 5040

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population

2,508

Education (IEO)

8/10

Econ. Resources (IER)

5/10

10-Year Investment Projection

Modelled on Novar Gardens SA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $725/wk median rent for Novar Gardens. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

St Leonards Primary School
PrimaryGovernment
7.2/10
Plympton International College
SecondaryGovernment
6.8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Analyse a Property in Novar Gardens

Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Novar Gardens.

Analyse a Property →

Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.