No matter where in SA you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in NOVAR GARDENS , 5040 is $605,000 this month which means that a mortgage for 80% of that value would be $484,000.
With a net change of -56 people, NOVAR GARDENS 5040 has has shrunk when compared to other suburbs in SA.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,500 which is $300 more every month. As a percentage rise, this makes NOVAR GARDENS, 5040 the number 3916th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
The local median household income has increased by $-24 which is a theoretical $15,600 available for a NOVAR GARDENS mortgage broker to find a home loan.