Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
ACT › Spence › Crofts Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
1,059 m²
Land
1,746.577 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Spence (last 5 years) with land size have a median of $982/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $375/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker KippaxAuction Location: On site.
Or Dual occupancy potential, here you can decide!
Situated on a quiet loop street in this family friendly suburb sits this FULLY renovated, large family home. On an even more rare 1,060sqm block of land with access through the reserve at the rear. Canberra Granny Flat Builders have assessed the site suitable to add a second dwelling to the block, making this not only a rare offering, but also one where the figures can really stack up!
Upstairs boasts 4 bedrooms with the main bedroom having a walk-in robe and ensuite with double shower, plus a sun drenched study nook. This area of the home also has its own separate entrance so those that are looking to run a business from home will be impressed with the flexibility of the floor plan.
There is a large open plan living plus a separate family room off the kitchen all with ducted gas heating. The owners have also paid respect to the era of the home and restored those features worthy of being brought back to life, ensuring the home keeps its character and uniqueness.
The current owners also personally designed the kitchen with family living in mind. The island bench sits 5 people, so having the kitchen as the 'heart of the home' has never been more true.
Downstairs is just as impressive with a rumpus or further space to break away for the independent members of the family. This area has plenty of additional storage and even has its own toilet. The under house has been completely cleared to provide an incredible amount of storage and of course a section set aside for the wine collection!
The tandem lock up garage, also provides access to the back yard, so if you have boats or trailers, or just need access to a shed, with a bit of clever landscaping you could have this in no time.
The home is elevated on the block, giving you an entry level from the front but an elevated outlook from the back that gives you a wide view of the treetops from your wall-to-wall windows. Less than 500m to get bread and milk or with easy access to main arterial roads, you are never far from what you may need.
Homes of this size or quality rarely come on the market so don't delay and lock this one away before Christmas its the best present you could buy for your family!
Canberra Granny Flat Builders have assessed the following designs as suitable for this block:
http://www.canberragrannyflatbuilders.com.au/design-pages/design-260
http://www.canberragrannyflatbuilders.com.au/design-pages/design-265
http://www.canberragrannyflatbuilders.com.au/design-pages/design-240
Full report available on request.
Listing description written by Sandra Masters, LJ Hooker Kippax — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.