Auction Times
Sat 30 Jan | Auction Time | Agency | |
---|---|---|---|
![]() | 5 Grainger Circuit 4 2 4 House | 11:15 AM Sat 30th Jan | McGrath |
Median Sale Price
House
$675K
Updated on Dec 2020
2 BR $438K | 3 BR $621K | 4 BR $715K |
Unit
$493K
Updated on Dec 2020
1 BR - | 2 BR $291K | 3 BR $600K |
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 | $555,000 | +21.6% | $212,500 | $941,000 | 37 |
2011 | $510,000 | -8.8% | $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 | $672,500 | +1.9% | $422,000 | $1,475,000 | 26 |
2020 | $750,000 | +10.3% | $544,000 | $1,355,000 | 31 |
2021 | - | - | - | - | - |
Median Sale Price
$750K
Based on 31 recorded sales within the last 12 months
Updated on 19 Jan 2021
Suburb Growth
+10.3%
Current Median Price: $750,000
Previous Median Price: $672,500
Based on 56 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$550
Updated on Dec 2020
2 BR $440 | 3 BR $500 | 4 BR $590 |
Unit
$465
Updated on Dec 2020
1 BR $323 | 2 BR $395 | 3 BR $530 |
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 | $560 | -1.8% | $310 | $750 | 22 |
2020 | $550 | -1.8% | $400 | $650 | 16 |
2021 | - | - | - | - | - |
Median Rent Price
$550
per week
Based on 14 recorded rent within the last 12 months
Updated on 19 Jan 2021
Rent Price Growth
-1.8%
Current Median Rent: $550
Previous Median Rent: $560
Based on 36 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $750,000
Current Median rent: $550
Based on 45 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Melba
Houses sold in Last 12 months ends 16 Jan 2021
$750K
Median Sale Price
87%
Clearance Rate
13/15
Sold/Reported
$1.2M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$1.2 M - $1.4 M | 1 | |
$800 K - $1 M | 5 | |
$600 K - $800 K (Median Price Range) | 7 | |
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 |