Melonba vs Grantham Farm.
Comparing two suburbs with median house prices of $1,263,500 and $1,079,000.
Grantham Farm (median $1,079,000) is roughly 17% 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).
For buyers
Grantham Farm is the lower entry point at $1,079,000 median, 17% 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 questions
Is Melonba or Grantham Farm cheaper to buy in?
Grantham Farm has the lower median house price at $1,079,000, roughly 17% 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, Melonba or Grantham Farm?
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, Melonba or Grantham Farm?
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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Melonba against another suburb