5 Melba Street, Downer, ACT 2602 | Property Value & History | OnTheHouse
OFF MARKET

5 Melba Street
Downer ACT 2602

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 847m2
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Property Details for 5 Melba St, Downer

5 Melba St, Downer is a 1 bedroom, 0 bathroom House and was built in 1970. The property has a land size of 847m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1970
Land Size
847m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 27, Section 39

Last Listing description (December 2022)

RZ3 Developement opportunity. To be sold in one line. Approx. 2526m2
65% plot ratio.

Concept Plans* provided by DNA Architects indicate that a combination of 2 and 3 bedroom townhouses are feasible, subject to approval

Option 1- 12 units on ground
4 x 3 bed units @ 111.49m2 + dbl garage
3 x 3 bed units @ 111.70 + dbl garage
4 x 3 bed units @ 111.70m2 + sgl garage + surface carpark
1 x 2 bed unit @76.78m2 + sgl garage

Option 2- 17 units with basement parking
6x 2 bed units @ 93.21m2
7x 3 bed units @ 111.70m2
1x 2 bed unit @ 76.78m2
3x 2 bed units @ 71.16m2

5 Melba Street, Downer
Land: 847m2
Block 25, section 39
EER 1
Currently tenanted until 18/11/22 @ $780 per week

7 Melba Street, Downer
Land: 807m2
Block 26, section 39
EER 0
Currently tenanted @ $650 per week, month to month

9 Melba Street, Downer
Land: 872m2
Block 27, section 39
EER 4
Currently being operated as AirBNB accomodation

500m to the Dickson Group Centre and China town, with a huge range of dining options
Walking Distance to Northbourne Avenue, and the Light Rail
Short Drive to the City, Braddon and ANU

* Concept Drawings:
Plans are concept only and have been drawn with no official survey. DA and BA approval have not been obtained and the plans are subject to change based on the DA and BA requirements

Agent Team Canberra works hard to provide the most accurate and extensive information we have available. However, the information including but not limited to the property description, price guide, building, and contract information is obtained from third parties. Agent Team Canberra accepts no responsibility for inaccuracies. All buyers must make their own enquiries and seek advice relating to this property.

Property History for 5 Melba St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$1,800,000
20 Jan 2023
Listed for Rent
$750/w
10 Nov 2021
  • 20 Jan 2023
    Sold for $1,800,000
  • 06 Sep 2022
    Listed for Sale Contact Agent
  • 03 Nov 2021
    Listed for Rent $750 / week
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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 1,813 properties. Over the last 5 years, Houses in Downer have seen a 37.09% increase in median value, while Units have seen a -34.20% decrease. As at 28 February 2026:

  • The median value for Houses in Downer is $1,308,943 while the median value for Units is $542,594.
  • Houses have a median rent of $690 while Units have a median rent of $490.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Downer on OnTheHouse. According to Cotality's data, 83 properties were sold in the past 12 months in Downer.

Suburb Insights for Downer 2602

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.