Melba Suburb Profile
Australian Capital Territory 2615

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

Melba has 1,326 properties. Over the last 5 years, Houses in Melba have seen a 42.60% increase in median value, while Units have seen a 63.12% increase. As at 31 October 2024:

  • The median value for Houses in Melba is $875,226 while the median value for Units is $648,326.
  • Houses have a median rent of $680 while Units have a median rent of $435.
There are currently 2 properties listed for sale, and no properties listed for rent in Melba on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Melba.

The size of Melba is approximately 2.3 square kilometres. It has 16 parks covering nearly 26.2% of total area. The population of Melba in 2011 was 3,200 people. By 2016 the population was 3,147 showing a population decline of 1.7% in the area during that time. The predominant age group in Melba is 0-9 years. Households in Melba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melba work in a professional occupation. In 2011, 77% of the homes in Melba were owner-occupied compared with 76% in 2016.

Suburb Insights for MELBA 2615

Market Insights
Melba Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melba Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 3,147

0-9

 

15%

10-19

 

12%

20-29

 

10%

30-39

 

13%

40-49

 

15%

50-59

 

12%

60-69

 

12%

70-79

 

9%

80-89

 

2%

Household Structure
Occupancy

Last Updated: 23/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.