18 Montreal Avenue, Novar Gardens SA 5040
18 Montreal Avenue, Novar Gardens SA 5040
This 4-bedroom, 3-bathroom house with 2 car spaces is positioned in Novar Gardens SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Montreal Avenue, Novar Gardens SA 5040
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Novar Gardens is experiencing strong buyer demand driven by very limited stock, coastal/Glenelg proximity, established local amenity and quick CBD access, with median house values around the low–mid $1.2M mark and roughly 18–21% annual growth. Opportunities suit owner-occupiers and renovators seeking capital gain; risks include stretched affordability, low rental yields (~3%) and sensitivity to interest-rate moves – prices have been broadly firm to mildly rising over the past six months.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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