Investment property in Melba has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.68%
A 17.40% growth in median value for property investors in Melba,2615 puts this suburb at number 38th in terms of best performing suburbs in ACT
Our latest figures would indicate that property sellers in Melba are currently offering property investors an average price cut of -8.41% below the asking price at the moment.
Residents and property investors in Melba have been waiting around 60.58 days to sell a property.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.