Giving property investors a a stable capital gain of 12.20% for the last year, Melba, 2615 is the 962th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Melba,2615 has racked up an average of 12.20% over the period. This ranks it number 2075th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Melba, 2615. Typically our figures indicate that -4.89% is being offered, which puts this ACT suburb at 2539th most discounted overall in Australia.
With a capital gain of 29.73% for the last 12 months, Melba, 2615 has performed for property investments than its average annual 7.20% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Melba has fallen somewhat when compared to the 5 year average annual rate.
Melba is 7th on a list of best yielding suburbs for rents in ACT with a 5.71% return