5/63 Melba Street, Downer, ACT 2602 | Apartment for sale | OnTheHouse
 
FOR SALE
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5/63 Melba Street
Downer ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 712m2
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A Smart Start In The Inner North

For buyers looking for value, affordability and a smart entry into Canberra's inner north market, this one-bedroom apartment in Downer presents an excellent opportunity. Practical in design and well located, it offers an accessible way to secure a property in a part of Canberra that continues to attract strong buyer and tenant interest.
Currently tenanted and delivering a solid rental return, the property will immediately appeal to investors looking for a straightforward addition to their portfolio or a smart first investment. For owner-occupiers, it also represents an affordable chance to secure a foothold in Canberra's inner north and enjoy the convenience of a well-connected location.
Positioned close to the Downer shops, Dickson, Watson, the CBD, universities and the tram, this is a property that offers everyday convenience along with long-term appeal. Whether you are looking to invest or secure an affordable entry into a tightly held area, this is a smart opportunity in a location that is getting harder and harder to access at this price point.
� Affordable entry into Canberra's inner north market
� Currently tenanted with excellent rental return
� Practical one-bedroom apartment
� Well located in popular Downer
� Close to Downer shops, Dickson and Watson precincts
� Easy access to the CBD, universities and light rail
� Smart option for investors and value-focused buyers

Property Details for 5/63 Melba St, Downer

5/63 Melba St, Downer is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 712m2. The place is currently for sale with LJ Hooker Dickson.

Building Type
Apartment
Land Size
712m2
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About Downer 2602

The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2016 was 3662 people. By 2021 the population was 4296 showing a population growth of 17.3% in the area during that time. The predominant age group in Downer is 30-39 years. Households in Downer are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Downer work in a professional occupation.In 2021, 61.50% of the homes in Downer were owner-occupied compared with 57.30% in 2016.

Downer has 1,814 properties. Over the last 5 years, Houses in Downer have seen a 37.86% increase in median value, while Units have seen a 19.24% increase. As at 31 March 2026:

  • The median value for Houses in Downer is $1,330,347 while the median value for Units is $525,496.
  • Houses have a median rent of $718 while Units have a median rent of $530.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Downer on OnTheHouse. According to Cotality's data, 77 properties were sold in the past 12 months in Downer.

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Chris Atlee
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LJ Hooker Dickson
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