Grantham Farm vs Melonba
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.
Buying in Grantham Farm or Melonba?
Selling in Grantham Farm? The free selling guide
Grantham Farm and Melonba side by side
| Measure | Grantham Farm | Melonba |
|---|---|---|
| Price and market | ||
| Median house | $1,079,000 | $1,263,500 |
| Median unit | $446,400 | $446,400 |
| House price change, 12 months | -2.8% | -0.5% |
| Renting | ||
| House rent | $850/wk | $850/wk |
| Unit rent | $560/wk | $560/wk |
| Owner occupied | 68.0% | 90.0% |
| Renter occupied | 31.0% | 8.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 982 | 982 |
| Lifestyle and people | ||
| Walk score | – | 0 |
| Transit score | – | 0 |
| Bike score | – | 25 |
| Population | 3,669 | 1,439 |
| Median age | 30 | 31 |
| Climate | ||
| Annual rainfall | 700 mm | 700 mm |
| Mean max, January | 30.4°C | 30.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Melonba skews owner-occupied (90%), Grantham Farm runs more rental-dense (68% owner).
- 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 (4.10% vs 3.50%), 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.
Grantham 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 4.10% in Grantham Farm vs 3.50% 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.
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