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 › Hancock St
$820,000
Last sold
15 Dec 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
904 m²
Land
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
$820,000
15 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Spence (last 5 years) with land size have a median of $994/m² of land (n=12). 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.
Vs Spence
-14.1%
Median sale
Suburb $955,000
+0.34 pp
Gross yield
Suburb 2.04%
Suburb median $955,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Blackshaw ManukaExcellent opportunity for Families, Investors, and Downsizers this single level three-bedroom home is very appealing and offers convenience in a fabulous location, close to shops, schools, parks, and local businesses with easy access to other popular services and amenities. Available for immediate occupancy this home provides the ideal chance to enter the market for most demographics particularly first-time buyers and smart investors.
The home was renovated in 2015/16 and has a fresh and modern décor offering a warm and inviting setting with a new stylish kitchen with quality stainless steel appliances, tasteful joinery, and stone benchtops. All bedrooms are of good size of which 2 have built in joinery, and pleasant outlooks.
The home's upgrade also incorporated a modern bathroom with separate toilet, a refreshed spacious laundry, polished timber flooring, and French doors, and windows to back deck capturing natural light and
views of the landscaped private yard making meal preparation more of a pleasure. Entertaining is made easy both inside and out with plenty of room to host parties, and one of the many highlights of the home being a huge, covered terrace and front and rear decks that can be used throughout all seasons, perfect for hosting gatherings of all kinds.
Located in the middle of a peaceful loop street, directly across from Hancock Street Playground, you'll also appreciate the convenience to Mount Rogers Nature Reserve just a short walk away. The local childcare centre is just 550m from home with Evatt Primary, Melba Primary and Miles Franklin Primary also close by. The popular Evatt Shops includes an IGA Supermarket, just a stone's throw away. Copeland College Secondary School is also a short drive and if you work in the Belconnen CBD, you also could ride to work in just 20 minutes (5.9km).
Features:
• Three bedrooms, all with built-in robes and joinery
• Stylish kitchen with adjoining dining area
• Stainless steel appliances, stone benchtops including dishwasher, gas cooktop, electric oven, and built-in microwave
• Polished pine flooring throughout
• Downlights throughout the home
• Double glazed glass stacker doors from lounge room to front deck and
garden
• French doors from dining area to rear entertaining deck and garden
• Modernised bathroom with shower + bath
• Separate toilet with basin
• Separate laundry with external access
• Water tank - connected to all 4 downpipes - provides fresh water to garden & for toilet flushing
• Large front & private rear yard - secure for pets
• Solar panels (with generous feed in tariff agreed in 2009 - active for 20
years)
• Ducted gas heating
• Split system in lounge room
• Exceptionally good and rare high EER rating - 5.5
• Insulation in ceilings, walls & underfloor
• Parkland/reserve straight across road
• Large block with ample room for extensions
• Parkland/reserve straight across the road
• Well located with convenience to a wide range of services & popular attractions
Listing description written by Mario Sanfrancesco, Blackshaw Manuka — 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.