Melba, ACT 2615
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
37 k
Population
Auction Times
Sat 4 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 33 Verbrugghen Street 4 1 5 House | 2:00 PM Sat 4th Apr | Property Now |
Median Sale Price
House
$610K
Updated on Jan 2020
2 BR $390K | 3 BR $560K | 4 BR $709K |
Unit
$432K
Updated on Jan 2020
1 BR - | 2 BR $305K | 3 BR $494K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $435,000 | 0.0% | $364,900 | $636,000 | 21 |
| 2010 | $550,000 | +20.9% | $212,500 | $941,000 | 37 |
| 2011 | $510,000 | -7.8% | $365,000 | $1,125,000 | 41 |
| 2012 | $487,000 | -4.7% | $156,500 | $950,000 | 36 |
| 2013 | $475,000 | -2.5% | $370,000 | $1,230,000 | 57 |
| 2014 | $475,000 | 0.0% | $369,000 | $792,000 | 29 |
| 2015 | $507,000 | +6.3% | $275,000 | $810,000 | 27 |
| 2016 | $600,000 | +15.5% | $375,000 | $1,100,000 | 31 |
| 2017 | $610,000 | +1.6% | $385,000 | $980,000 | 31 |
| 2018 | $660,000 | +7.6% | $392,500 | $1,225,000 | 31 |
| 2019 | $680,000 | +2.9% | $455,000 | $1,475,000 | 26 |
| 2020 | $750,000 | +9.3% | $544,000 | $1,200,000 | 5 |
Median Sale Price
$700K
Based on 26 recorded sales within the last 12 months
Updated on 29 Mar 2020
Suburb Growth
+5.7%
Current Median Price: $700,000
Previous Median Price: $660,000
Based on 55 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2020)
Price Range Segments (12 months ending Feb 2020)
Median Weekly Rent Price
House
$550
Updated on Feb 2020
2 BR - | 3 BR $495 | 4 BR $580 |
Unit
$440
Updated on Feb 2020
1 BR $315 | 2 BR $440 | 3 BR $508 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $550 | 0.0% | $380 | $1,250 | 13 |
| 2012 | $500 | -10.0% | $425 | $530 | 9 |
| 2013 | $445 | -12.4% | $370 | $1,300 | 15 |
| 2014 | $475 | +6.3% | $300 | $550 | 9 |
| 2015 | $450 | -5.6% | $280 | $600 | 29 |
| 2016 | $480 | +6.3% | $330 | $630 | 24 |
| 2017 | $500 | +4.0% | $350 | $670 | 23 |
| 2018 | $570 | +12.3% | $310 | $650 | 20 |
| 2019 | $555 | -2.7% | $310 | $750 | 22 |
| 2020 | $580 | +4.3% | $400 | $615 | 4 |
Median Rent Price
$555
per week
Based on 22 recorded rent within the last 12 months
Updated on 29 Mar 2020
Rent Price Growth
+0.9%
Current Median Rent: $555
Previous Median Rent: $550
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $700,000
Current Median rent: $555
Based on 48 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2020)
Auction Results For Melba
Houses sold in Last 12 months ends 28 Mar 2020
$752K
Median Sale Price
89%
Clearance Rate
16/18
Sold/Reported
$1.48M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M | 3 | |
| $600 K - $800 K (Median Price Range) | 8 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Melba 2615
Based on median house sale price sold in last 12 months
Schools closest to Melba, ACT 2615
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mount Rogers Primary School | ALFRED HILL DRIVEMelba 2615 | Primary | Government | 0.56 km |
| Melba Copland Secondary School | COPLAND DRIVEMelba 2615 | Secondary | Government | 1.08 km |
| St Monica's Primary School | MOYNIHAN STREETEvatt 2617 | Primary | Catholic | 1.18 km |
| Charnwood-Dunlop School | BETTINGTON CIRCUITCharnwood 2615 | Primary | Government | 1.67 km |
| Florey Primary School | RATCLIFFE CRESCENTFlorey 2615 | Primary | Government | 1.89 km |
| Miles Franklin Primary School | ALDERMAN STREETEvatt 2617 | Primary | Government | 1.61 km |
| St Francis Xavier College | BARNARD CIRCUITFlorey 2615 | Secondary | Catholic | 1.9 km |
| Fraser Primary School | TILLYARD DRIVEFraser 2615 | Primary | Government | 2.02 km |
| Latham Primary School | O'LOGHLEN STREETLatham 2615 | Primary | Government | 1.81 km |
| St Thomas Aquinas Primary School | LHOTSKY STREETCharnwood 2615 | Primary | Catholic | 1.79 km |