With a capital gain of 8.36% for the last 12 months, Melba, 2615 has performed for property investments than its average annual 3.98% property growth over the last 5 years.
Melba,2615 has offered an average of 8.36% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Melba is offering property investors an average of -3.98. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in ACT
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Property value increases in Melba have tracked higher than the ACT average of 3.57% over the last 12 months.
Melba,2615 has offered an average of 16.30% return per annum in house price rises to property investors over the last three years.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.