Side by sideSuburb comparison

Grantham Farm vs Melonba.

Comparing two suburbs with median house prices of $1,079,000 and $1,263,500.

Grantham Farm (median $1,079,000) is roughly 15% cheaper to buy into than Melonba ($1,263,500). Over the past year, Melonba (-0.5%) ran 2.3 percentage points ahead of Grantham Farm (-2.8%) on house-price growth.

Melonba skews owner-occupied (90%), Grantham Farm runs more rental-dense (68% owner).

The takeWhich suburb suits which buyer

For buyers

Grantham Farm is the lower entry point at $1,079,000 median, 15% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Grantham Farm delivers the better gross yield (2.60% vs 2.22%), but Melonba has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsGrantham Farm vs Melonba

Common questions

Is Grantham Farm or Melonba cheaper to buy in?

Grantham Farm has the lower median house price at $1,079,000, roughly 15% below Melonba ($1,263,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Grantham Farm or Melonba?

Over the past 12 months, Melonba grew -0.5% vs -2.8% in Grantham Farm, a gap of 2.3 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Which suburb has higher rental yield, Grantham Farm or Melonba?

Gross rental yield on houses is 2.60% in Grantham Farm vs 2.22% in Melonba. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Grantham Farm
Metric
Melonba

Price & Market

$1,079,000
Median house
$1,263,500
$446,400
Median unit
$446,400
-2.8%
Annual growth (house)
-0.5%
Days on market

Rental

$540/wk
Rent (house / wk)
$540/wk
$540/wk
Rent (unit / wk)
$600/wk
68.0%
Owner occupied
90.0%
31.0%
Renter occupied
8.0%

Lifestyle & Demographics

Walk score
0
Transit score
0
Bike score
25
3,669
Population
1,439
30
Median age
31

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
982
Avg ICSEA
982

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).