Thinking about buying in Melba? Now could not be a better time, with 1469 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $809,000 with prices in this suburb ranging from $63,000 to $4,654,000. The aproximate distance to the coast is 115 Km.
Median Weekly Rent | $478.82 |
Median Monthly Mortgage | $2074.00 |
Median Persons Per Bedroom | 0.76 |
Average Household Size | 3.00 |
Average Age | 38.64 |
Average Income | $1160.73 |
Average Cars Per Dwelling | 1.99 |
Average Properties Within 50M | 10 |
1 Bed  $689,000 |
2 Bed  $409,000 |
3 Bed  $783,000 |
4 Bed  $946,000 |
5 Bed  $1,312,000 |
6 Bed+$2,291,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Melba are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Melba changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Melba to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Melba we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Melba a better buying opportunity than it may have been in the past.
9 BAINTON CR, MELBA, ACT, 2615 | $1,700,000+ | ||||
46 SCARLETT ST, MELBA, ACT, 2615 | 4 | 2 | 3 | 960000 |
Mount Rogers Primary School
Melba Copland Secondary School
St Monica's Primary School
Taqwa School
Miles Franklin Primary School
St Francis Xavier College
Florey Primary School
Latham Primary School
Evatt Primary School
St John the Apostle Primary School
(While the above schools are located with the suburb of Melba there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
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