Melba — Houses

BUY
ACT 2615 House Rank #22 of 89 in Canberra
$932K
Median House Price · recent comparable sales
Rental Pressure Market #22 of 89

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
46 buyers/listing
Strong
LIQUIDITY
25d DOM
Neutral
AFFORDABILITY
-1.4% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.1%
Strong
SUPPLY PRESSURE
0.7% vacancy
Strong
#22/89 Average Structure 65 $932K

Atlaso rates Melba houses as BUY for capital growth. Vacancy is extremely tight at 0.72%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $932K, Melba ranks #22 of 89 houses in Canberra. The long-term structural outlook is Average. Buyer demand is strong with 46 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Canberra.

Melba Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-1.2%
Asking Prices (3mo)
-0.9%
Rents (12mo)
0.8%
Vacancy
56%
Fresh Stock (<30d)

House Asking Prices (12 months)

$948K

House Weekly Rents (12 months)

$675/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2615.

Suburb Profile

Melba at a Glance

SEIFA Index
8/10
Most advantaged
Household Income
$2,262/wk
Median household
Median Age
36
Years
Mortgage Stress
20%
of income
Population Growth
+1.8%
vs state +2.9%
Ownership Mix
29.1% owned 47.4% mortgage 21.5% renting

Demographic Trends

Melba Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Melba Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Melba a good suburb to invest in?
Atlaso rates Melba as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Melba and 46 Australian cities to generate this rating.
What is the median house price in Melba?
The current median house price in Melba, act is $932K, with annual growth of +11.5%. Properties sell in approximately 25 days.
How fast do properties sell in Melba?
Properties in Melba sell in 25 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Melba?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Melba's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Melba?
The gross rental yield for houses in Melba is 4.1%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).