Melba, ACT 2615

Melba, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Wed 20 Nov
Auction Time Agency
1 & 1A Paling Place
4 2 3 House
5:00 PM
Wed 20th Nov
Ray White
Median Sale Price
House
$619K
Updated on Sep 2019
2 BR
$410K
3 BR
$595K
4 BR
$675K
Unit
$338K
Updated on Sep 2019
1 BR
-
2 BR
$303K
3 BR
$465K
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
$515,000
+15.5% $212,500 $941,000 37
2011
$510,000
-1.0% $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 $910,000 21
Median Sale Price
$695K
Based on 25 recorded sales within the last 12 months
Updated on 20 Nov 2019
Suburb Growth
+6.5%
Current Median Price: $695,000
Previous Median Price: $650,000
Based on 60 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2019)
Price Range Segments (12 months ending Oct 2019)
Median Weekly Rent Price
House
$550
Updated on Oct 2019
2 BR
$470
3 BR
$500
4 BR
$580
Unit
$405
Updated on Oct 2019
1 BR
$315
2 BR
$360
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% $320 $630 24
2017
$500
+4.0% $350 $670 23
2018
$570
+12.3% $310 $650 20
2019
$550
-3.6% $310 $750 20
Median Rent Price
$550
per week
Based on 21 recorded rent within the last 12 months
Updated on 20 Nov 2019
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $695,000
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 Oct 2019)

Auction Results For Melba

Houses sold in Last 12 months ends 16 Nov 2019

$675K

Median Sale Price

83%

Clearance Rate

19/23

Sold/Reported

$883K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 3
$600 K - $800 K
(Median Price Range)
12
$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