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 › Copland Dr
3
Bedrooms
1
Bathrooms
2
Car spaces
793 m²
Land
128 m²
Building
Districts View
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 scheme
SPENCE
Zone
TSZ1
TSZ1
Jurisdiction
Unincorporated ACT
Unincorporated ACT, ACT
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
ACTZoned TSZ1 (SPENCE). Official parcel area about 794 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned TSZ1 (SPENCE). Official parcel area about 794 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby 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?
KnownmediumOfficial parcel about 794 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
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 Ray White Canberra**If not sold prior, an auction is scheduled for Thursday, 28th of July, 2022 at 4.00pm**
This accessible family home feels warm, inviting, guest-friendly, child-friendly and animal-friendly. It's a welcoming hug that envelopes you and offers comfort and insulation from the madness of life.
With its mellow Jarrah floors and bright white cabinetry, the spacious kitchen radiates hospitality and offers swathes of preparation space to allow all the family to gather, cook, converse and laugh.
Eat in the dining or family room, or head out to the north-facing covered deck in the backyard that easily accommodates an eight-seat dining table and still has ample space for a full outdoor lounge set. Like the front entry, a strategically placed ramp here means everyone can join the fun.
Living spaces benefit from full-height windows that all you to revel in the view of surrounding gardens and give a sense of infinite space. The master bedroom carries that through with a beautiful leafy outlook.
Set on family-friendly Copland Drive, there are great playgrounds, schools and shops within walking distance and easy commuting to Belconnen and the Canberra CBD.
Special features:
- Three bedrooms; all with built-in wardrobes
- Open-plan living and dining room
- Timber ramp to front door
- Spacious kitchen with Jarrah timber flooring, stainless-steel appliances, including ceramic cooktop, and Miele dishwasher
- Family room extension with access to timber deck
- Expansive north-facing covered deck with ramp and blinds
- Evaporative cooling
- Ducted gas heating
- Freshly painted throughout
- New carpet to living areas and bedrooms
- Updated bathroom with separate shower
- Separate toilet
- Double enclosed carport with work bench
- Cubby, storage room off carport
- Garden shed
- Repointed roof
- Low-maintenance grounds
- 793sqm block
Stats:
Block: 793sqm
Home: 128.35sqm
Garage: 36.97sqm
Year Built: 1974
EER: 1.0
UV: $325,000
Rates: $2,529pa
Land tax: $3,562 (Investors only)
Listing description written by Phyllis Tidmarsh, Ray White Canberra — reproduced as published, not verified by Districts.