More Information
Indicative Gross Return:
~6.25%–6.50%
Region: Melba ACT 2615
Block-Size: ~600–700 sqm
Block: 28
Section: 31
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 2
Garaging/Car Spots: 1
EER: 1.0
Unimproved Value (2022):$670,000 (2022)
UV Price Ratio:83.75
Sales Method:Auction
Recommend Purchase Price: $800,000
Rates Residential 2022: $3,279*
Land Tax Residential 2022: $5,284*
Property Link: https://www.allhomes.com.au/31-scarlett-street-melba-act-2615
Marketing Agent: Tyran Murphy and Brett Hayman
Date Added: 2026-05-05
Property Images
Block Details
Block Size: ~600–700 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Precinct Code: Precinct Map Melba Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 31 Scarlett Street, Melba ACT 2615, Melba ACT 2615
Suburb Information
Median House Price (2022): $1455000
Median House Rent (2022): $695
Suburb Highest Price (2022): $1455000
Rental Vacancy Rate (2022): 0.55
Medium Household Income (Census 2021): $2,326
Income to Rent Ratio: 30%
Download Suburb Profile: print_suburb_flyover_detailed_1678255740764
Property Purchase Recommendation Summary
Recommend Purchase Price: $800,000.00
Estimated Stamp Duty:$28,150.00
Approx Legal and Building Report Costs: $3,000.00
Total Purchase Investment: $1,068,150.00
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256
Approx Turnkey Build Cost inc GST: $240,000.00
Downloadable Brochure: design-brochure-mini-256-171022-wfyegbadcbnd-1
Download Proposal:Frank Walmsley - 31 Scarlett Street, Melba ACT 2615 - Planning Assessment Proposal - Design 256
Potential Rental Income
Potential Gross Weekly Rental Income of Existing Property: $700.00
Potential Gross Weekly Rental Income of Recommended Design: $600.00
Potential Combined Gross Weekly Income: $1,300.00
Potential Combined Gross Annual Income: $67,600.00
Financial Summary
Total Purchase and Build Investment: $1,068,150.00
Potential Combined Gross Rental Annual Income:$67,600.00
Potential Gross % Return: ~6.25%–6.50%

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