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Unit 8,
48 CONLEY DRIVE Melba ACT 2615

This property is Off Market

All about Melba Homes for sale in Melba


  • The Average property price in this area is $808,564, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 116.32 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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Recently Sold Properties in this Area

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About Melba

With an average age of 36, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $350. The average family earns a weekly income of $2,374 with a typical household size of 2.1 and a 97.67% employment rate.

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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 366 asthma sufferers and 146 people living with diabetes. In addition, 177 people have a heart/vascular condition and 300 people live with three or more chronic diseases.

A good place to invest in property?

Melba a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

51 / 100

56 / 100

Industry

18 / 100

28 / 100

Population

22 / 100

26 / 100

House Prices

78 / 100

72 / 100

Jobs

21 / 100

32 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools


Property Story

Unit 8, 48 Conley Drive, Melba, Act, 2615 is a residential property with 3 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated distance to the sea is 116.32km and at least 3.84KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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