MELBA 2615
State: ACTPosiProp AI Investment Summary
MELBA (ACT 2615) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 3.9%, with a median house buy price of $935,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$602,500
$867,500
$997,500
$935,000
Suburb Market Profile
Last month Melba had 3 properties available for rent and 9 properties for sale. Median property prices over the last year range from $935,000 for houses to $422,500 for units. If you are looking for an investment property, consider houses in Melba rent out for $703 PW with an annual rental yield of 4.1% and units rent for $490 PW with a rental yield of 4.9%. Melba has seen an annual compound growth rate of 3.9% for houses and -36.9% for units.