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 › Houghton Pl
4
Bedrooms
2
Bathrooms
2
Car spaces
1,294 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
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
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?
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.
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 Carter and Co Agents BraddonSet on an expansive parcel of land this wonderful 4-bedroom family home backing onto a nature reserve is just a short stroll from the popular Spence shops while offering the serenity of Australian country living. Built in 1975, the original homestead has been extensively renovated over the years.
As you enter the home you are greeted by an open plan kitchen and dining area. The custom-built kitchen features Tasmanian Blackwood benchtops, quality stainless steel appliances and gas cooking. This opens onto a large outdoor entertaining alfresco with views of the spectacular gardens.
Accommodation is 4 sizable bedrooms with built-in robes to two bedrooms. The master bedroom features a large walk in robe and ensuite
The large living room includes an open fireplace for cosy fireside evenings during those chilly Canberra winters.
But it is the garden that is the jewel of this property. Garden enthusiasts will recognise the trademark design elements of the legendary Edna Walling, in who's memory this garden has been created. Trees of all sizes and colours, from towering gums to gorgeous flowering crab-apples and Japanese maples, were strategically planted many years ago to provide shade in summer and sunlight in winter. Flowering trees and shrubs are underplanted with bulbs and perennials so that there is a constantly changing vista from both indoor and outdoor living areas.
A picturesque wooden bridge separates the main garden from the service area, containing the clothesline, garden shed and a spacious chicken run.
Within close proximity to arterial roads, local schools and shops this wonderful property provides an incredible lifestyle opportunity for you and your family.
Features:
• 4-bedroom family home
• Large main bedroom with walk-in robe and ensuite
• Recently renovated bathrooms
• Dedicated home office
• Custom-built country style kitchen
• Quality stainless steel appliances less than 2 years old
• Separate living room with slate flooring
• Open fireplace in living room
• Fully fenced with Colourbond fencing - chainmesh on north side=
• RZ2 zoning for potential development upside (STCA)
• Perfect orientation
• Quiet street backing onto nature reserve
• Rural views from many north facing windows
• 5-minute walk to local shopping centre
• Level block
• Established low maintenance garden
• 28 mature trees - some over 10m
• Solar hot water
• Gas central heating
• In-house intruder alarm system
Statistics:
• RZ2 zoning
• Block: 24
• Section: 25
• UCV: $324,000
• Rates: $2356 per annum
• Land tax: $3,119 (if rented out)
• Block size: 1294m2
• Internal living: 175m2
• Outdoor alfresco: 42m2
• EER: 2.5
• Rental Estimate: $650 $680 per week
• NBN connected
• Double carport
Listing description written by James Carter, Carter and Co Agents Braddon — reproduced as published, not verified by Districts.