Melba, ACT 2615

Melba, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Sat 10 Oct
 Auction Time Agency
32 Scarlett Street
4 2 2 House
10:00 AM
Sat 10th Oct		 Peter Blackshaw Real Estate
Median Sale Price
House
$656K
Updated on Aug 2020
2 BR
$385K
3 BR
$544K
4 BR
$718K
Unit
$434K
Updated on Aug 2020
1 BR
-
2 BR
$295K
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
$672,500
 +1.9% $422,000 $1,475,000 26
2020
$750,000
 +10.3% $544,000 $1,200,000 16
Median Sale Price
$718K
Based on 27 recorded sales within the last 12 months
Updated on 27 Sep 2020
Suburb Growth
+8.0%
Current Median Price: $717,500
Previous Median Price: $660,000
Based on 54 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$550
Updated on Aug 2020
2 BR
-
3 BR
$490
4 BR
$598
Unit
$420
Updated on Aug 2020
1 BR
$323
2 BR
$408
3 BR
$518
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
$560
 +0.9% $400 $650 11
Median Rent Price
$580
per week
Based on 14 recorded rent within the last 12 months
Updated on 27 Sep 2020
Rent Price Growth
+5.2%
Current Median Rent: $580
Previous Median Rent: $550
Based on 37 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $717,500
Current Median rent: $580
Based on 41 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Melba

Houses sold in Last 12 months ends 26 Sep 2020

$775K

Median Sale Price

92%

Clearance Rate

11/12

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 2
$600 K - $800 K
(Median Price Range)		 6

Similar Suburbs to Melba 2615

Based on median house sale price sold in last 12 months

Dunlop 2615

$600,000
Kambah 2902

$712,500
Curtin 2605

$990,000
Isaacs 2607

$1,070,000
Narrabundah 2604

$1,160,000
View Suburb Ranking

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