2. ACT
  3. Unincorporated ACT

Melba ACT 2615

Houses Units

Here you can find what you need to know about Melba, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$903K Median Sale Price (National Average $485k) 62nd In ACT
-4.90% Median Sale Price Change (1yr) (National Average 4.30%) 98th In ACT
$655pw Median Rent (National Average $395) 51st In ACT
3.8% Median Gross Yield (National Average 4.24%) 34th In ACT

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Melba, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Melba, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Melba, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Melba


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Suburb Information

Melba, ACT 2615

Part of: Unincorporated ACT Council No data available

The size of Melba is approximately 2.3 square kilometres. It has 16 parks covering nearly 26.2% of total area. The population of Melba in 2011 was 3,200 people. By 2016 the population was 3,147 showing a population decline of 1.7% in the area during that time. The predominant age group in Melba is 0-9 years. Households in Melba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melba work in a professional occupation. In 2011, 77% of the homes in Melba were owner-occupied compared with 76% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Melba

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Melba   for Houses in last 12 months


There have been 34 Houses sold in Melba in the past 12 months with a median sale price of $903K, down 4.9% annually. It takes on average 48 days to sell with vendor discounting of -4.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Melbourne VIC, 3000 Unavailable $401,000 $580pw 7.5% View Suburb Profile
South Brisbane QLD, 4101 -13.67% $647,500 $700pw 5.6% View Suburb Profile
Brunswick West VIC, 3055 4.82% $1,305,000 $700pw 2.8% View Suburb Profile
Melbourne VIC, 3004 Unavailable Unavailable $630pw Unavailable View Suburb Profile
Wonthella WA, 6530 26.97% $346,000 $390pw 5.9% View Suburb Profile
Evatt ACT, 2617 6.02% $876,000 $625pw 3.7% View Suburb Profile

Currency

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