Melba has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of 0.24% to date .
Melba,2615 has offered an average of 0.24% return per annum in house price rises to property investors over the last three years.
With the median price for a house in Melba being $636500 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 4.66%
Giving property investors a a stable capital gain of 6.67% for the last year, Melba, 2615 is the 570th highest performer in Australia in this respect.
While Melba,2615 ranked number 54th in ACT for increase in median house value (annualised) increase, it is ranked 61th over the last 5 years.
Situated 10.20km from the CBD, Melba is one of Unincorporated ACT localities in the postcode 2615.