39 Grainger Circuit, Melba ACT 2615
39 Grainger Circuit, Melba ACT 2615
3-bed, 877m² block | Renovated kitchen, timber floors | 90% owner-occupied street | 83% clearance rate
The property offers a rare combination of a generous 877m² block and a renovated interior in a street with 90% owner-occupancy and 66% long-term residents, signalling strong neighbourhood stability and low turnover risk. The floor-to-ceiling windows and floating hybrid timber floors add modern appeal, while the RC split system provides climate control. This house suits buyers seeking a solid family home with scope for future value growth, supported by the suburb’s 83% auction clearance rate and proximity to Mount Rogers Primary School.
The single bathroom is a notable limitation for a three-bedroom home, potentially narrowing buyer appeal to couples, small families, or investors rather than larger households. However, this constraint also presents an opportunity: the 877m² land size may allow for future extension or addition of a second bathroom, adding significant value. The price guide sits below the suburb median, offering a potential entry point in a tight market.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Grainger Circuit, Melba ACT 2615
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
Insight: Melba ACT 2615
Melba presents as a stable, family-oriented suburb with a professional demographic underpinning demand. Recent price trends show some volatility, indicating a market in flux. Future growth is supported by steady household formation, but constrained supply and limited unit data present key considerations for prospective buyers.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
878m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst