Melba has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 12.61% to date .
Melba,2615 has offered an average of 12.61% return per annum in house price rises to property investors over the last three years.
At number 1st of ACT’s most discounted properties, Melba is in the bottom 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Melba being $625000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.16%
Giving property investors a a solid capital gain of 25.68% for the last year, Melba, 2615 is the 67th highest performer in Australia in this respect.
Property investors should expect to get $380 weekly from the median priced house in this suburb.