7 Wallace Place, Melba, ACT 2615 | Property Value & History | OnTheHouse
OFF MARKET

7 Wallace Place
Melba ACT 2615

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 897m2
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Property Details for 7 Wallace Pl, Melba

7 Wallace Pl, Melba is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 897m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1970
Floor Size
136m2
Land Size
897m2
Local Government
Belconnen
Lot/Plan
MELBA: Block 18, Section 48

Last Listing description (November 2018)

Set on an elevated 897m2 approx. block in a quiet cul-de-sac, this three bedroom residence provides an outstanding opportunity to make your mark in one of Belconnen's fastest growing suburbs. Either renovate the original residence or build a dual-occupancy - the options are endless.
With not two but three separate living spaces, this home boasts oversized bedrooms with built-in robes, updated flooring to the multiple living areas and is freshly painted externally. Ready for immediate occupation, this home is a must inspect.
The Owners' Favourite Part: Location, location and location!

Features include;
- RZ2 zoned block with abundance of opportunities
- Multiple living areas including lounge/dining plus separate living and sunroom
- Covered pergola with cafe shutters
- Secure rear yard with level, child-friendly lawns
- Good sized kitchen with updated appliances
- Three oversized bedrooms with built-in robes and ensuite to master
- Double lock-up garage
- Ducted gas heating throughout plus wood fire place and R/C unit to living
- Ideal for young families, builders and developers
- Elevated position with great views and within close proximity to all local amenities
Particulars (all approx.);
- Block Size: 897m2
- Living Size: 132m2
- Sunroom Size: 20m2
- UCV: $324,000 (2017)
- Year Built: 1973
- EER: 1.0
- Council Rates: $2,334 pa
- Rent Estimate: $540 to $580 per week

Property History for 7 Wallace Pl, Melba, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Oct 2018
Listed for Rent
$550/w
28 Dec 2017
  • 20 Oct 2018
    Sold for $650,000
  • 24 Sep 2018
    Listed for Sale Auction 20/10/18
  • 28 Dec 2017
    Listed for Rent $550 / week
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About Melba 2615

The size of Melba is approximately 2.3 square kilometres. It has 16 parks covering nearly 26.2% of total area. The population of Melba in 2016 was 3147 people. By 2021 the population was 3383 showing a population growth of 7.5% in the area during that time. The predominant age group in Melba is 0-9 years. Households in Melba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melba work in a professional occupation.In 2021, 78.00% of the homes in Melba were owner-occupied compared with 76.00% in 2016.

Melba has 1,329 properties. Over the last 5 years, Houses in Melba have seen a 33.39% increase in median value, while Units have seen a 37.30% increase. As at 31 January 2026:

  • The median value for Houses in Melba is $949,619 while the median value for Units is $625,964.
  • Houses have a median rent of $680 while Units have a median rent of $435.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Melba on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Melba.

Suburb Insights for Melba 2615

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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.