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 › Owen Dixon Dr
$940,000
Last sold
20 Oct 2023
4
Bedrooms
2
Bathrooms
0
Car spaces
935 m²
Land
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
$940,000
20 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Spence (last 5 years) with land size have a median of $972/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
-1.6%
Median sale
Suburb $955,000
+0.03 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 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 937 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 937 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 937 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 HOME.BYHOLLY#soldbysally #soldbyash $940,000
White painted walls bring a sense of calm and balance, coalescing with the organic colourways of hardwood and slate flooring; the whole home finished beautifully with gorgeous light fittings in timber and raw linens, gently inviting nature inside.
This beautiful four-bedroom, family home rises from an array of mature trees and is graced by a full-length shady veranda. With no opposing neighbours and bushland views, there is a lovely feeling of openness, gifting a nice connection to the laid-back family flavour of the neighbourhood. It is an easy stroll to local schools, Spence Oval and a myriad of walking trails that wend their way through peaceful reserve.
The home has a nourishing quality with its large picture windows, elegant simple spaces and sunny northerly aspect. Freshly refurbished throughout, there is a nice combo of past and present, with contemporary updates alongside well-preserved original timber door handles and joinery.
Warm slate flows smooth underfoot within the welcoming foyer and to one side, a large living, dining area is characterised by honeyed timber floors. A northern picture window captures painterly scenes of the garden and mature ghost gum. There is enough space here for large family gatherings combined with a cosy ambience - the natural materiality and quality of light extending a relaxing serenity that feels in sync with the peaceful locale.
The kitchen with its banks of storage, including full-height pantry is all understated neutral tones, lending a light elegance. With wonderful open sociability to the meals, living space, this bright central hub is ideal for easy family meals, memorable gatherings, spilling garden side on warm summer evenings. A large window above the sink means you can take in the garden breezes and watch the kids at play while you do the washing up.
A hallway leads to four sequestered bedrooms all with leafy views. We love the master bedroom with its ingress of natural light, generous proportions and gorgeous linen and cane lantern light. And the original ensuite with its feature tiling in flourishes of soft greys, and not to forget the full wall of built-in-robes for effortless storage.
The family bathroom is tiled in a bright mix of light and darker greens that evokes the bush surrounds. There is a deep relaxing tub and the saving family grace of a separate toilet. Also notable is the separate and beautifully renovated internal laundry with its stretch of marble countertop and built-in-cabinetry.
A sweet alfresco space bordered by pretty garden beds and centred around a pizza oven is a perfect gathering place within the large, private back yard. Stone garden walls and steps usher to the second tier of this beautifully terraced arena, where spacious soft lawns gift plenty of room for the kids to chase and play.
Situated in the leafy suburb of Spence, known for its family and community values, surrounded by reserve and green spaces, the home, also offers convenient access to the Belconnen precinct, AIS and GIO stadium. The home is close to several fabulous local shops, including Spence and Melba, with Mamé café, in Melba court being a local favorite. Within walking distance to Mt Roger's reserve and convenient to transport, schools, and the UC, the home, is also just 11 minutes to the inner-north, and 18 minutes to the CBD.
features.
.beautiful four-bedroom family home in leafy suburb of Spence overlooking reserve
.shady front veranda with elevated northern views to treetops
.spacious north-facing living, dining room with hardwood floors and picture windows framing front garden and bushland beyond
.open kitchen and meals/living space
.elegant kitchen in neutral tones with ample storage including glass cabinets for display, small appliance bay and full corner pantry, Blanco wall oven, Blanco gas hob, rangehood and Electrolux dishwasher
.slate floors to kitchen, dining, foyer and hallway
.soft carpet to bedrooms
.bedroom one with large picture window framing flowering magnolia tree
.bedroom two with mirrored robe
.bedroom three with views to rear garden
.family bathroom with tub and separate toilet
.large north facing master bedroom with mirrored built-in-robe and ensuite bathroom
.newly renovated internal laundry with marbled stone countertops and built-in-cabinetry that opens to rear garden
.timber Venetian blinds and roller blinds
.ducted heating and cooling
.linen cupboard
.freshly painted throughout
.beautiful new light fittings
.large back yard, fully fenced in Colorbond with alfresco dining and firepit, soft lawns and shady trees
.off street parking
.new solar hot water unit
.eer 1
.living size 148m2 (approx.)
.land size 935 m2 (approx.)
.land value $540,000
.rates $2,870 (approx.)
Listing description written by Sally Strang + Ash Costello, HOME.BYHOLLY — reproduced as published, not verified by Districts.