Melba, ACT 2615

Melba, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Thu 5 Mar
Auction Time Agency
3 Bishop Place
4 2 2 House
5:00 PM
Thu 5th Mar
Ray White
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
$687,000
+3.9% $455,000 $1,475,000 26
2020
$636,500
-7.9% $544,000 $760,000 3
Median Sale Price
$673K
Based on 25 recorded sales within the last 12 months
Updated on 22 Feb 2020
Suburb Growth
-0.4%
Current Median Price: $672,500
Previous Median Price: $675,000
Based on 58 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$550
Updated on Jan 2020
2 BR
-
3 BR
$495
4 BR
$580
Unit
$420
Updated on Jan 2020
1 BR
$315
2 BR
$430
3 BR
$495
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% $540 $580 2
Median Rent Price
$550
per week
Based on 21 recorded rent within the last 12 months
Updated on 22 Feb 2020
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $672,500
Current Median rent: $550
Based on 46 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Melba

Houses sold in Last 12 months ends 15 Feb 2020

$718K

Median Sale Price

85%

Clearance Rate

16/19

Sold/Reported

$1.48M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$800 K - $1 M 3
$600 K - $800 K
(Median Price Range)
8
$400 K - $600 K 2

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