Melba, ACT 2615

Melba, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Sat 2 Jul
 Auction Time Agency
11 Goldner Circuit
6 2 2 House
12:30 PM
Sat 2nd Jul		 Ray White
Thu 7 Jul
 Auction Time Agency
24 Verbrugghen Street
3 1 1 House
4:00 PM
Thu 7th Jul		 Ray White
Median Sale Price
House
$959K
Updated on May 2022
2 BR
$552K
3 BR
$898K
4 BR
$980K
Unit
$643K
Updated on May 2022
1 BR
-
2 BR
$446K
3 BR
$713K
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
$479,000
 -1.7% $370,000 $1,230,000 57
2014
$475,000
 -0.8% $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
$672,000
 +1.8% $422,000 $1,475,000 27
2020
$750,000
 +10.4% $544,000 $1,355,000 32
2021
$920,000
 +18.5% $605,000 $1,330,000 30
2022
$980,000
 +6.1% $608,000 $1,220,000 17
Median Sale Price
$965K
Based on 39 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+20.3%
Current Median Price: $965,000
Previous Median Price: $769,000
Based on 68 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$668
Updated on May 2022
2 BR
-
3 BR
$650
4 BR
$760
Unit
$450
Updated on May 2022
1 BR
-
2 BR
$450
3 BR
$600
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
$650
 +15.4% $280 $1,100 17
2022
$685
 +5.1% $570 $795 6
Median Rent Price
$685
per week
Based on 13 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+15.3%
Current Median Rent: $685
Previous Median Rent: $580
Based on 29 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $965,000
Current Median rent: $685
Based on 52 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Melba

Houses sold in Last 12 months ends 25 Jun 2022

$965K

Median Sale Price

89%

Clearance Rate

8/9

Sold/Reported

$1.33M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 2
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)		 3
$600 K - $800 K 1

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