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 › Kingsford Smith Dr
$1,150,000
Last sold
18 July 2022
5
Bedrooms
2
Bathrooms
4
Car spaces
1,197 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
$1,150,000
18 July 2022 · 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
+20.4%
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
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 BraddonThis generously proportioned residence provides an outstanding family home of spacious free flowing interiors, flooded with natural light, and several segregated outdoor areas.
Room to move with two separate living areas and two dining areas, with the rear opening to a sun-bathed covered entertainment terrace. The immaculately remastered stone kitchen includes multitudes of bench space and cupboard storage. Accommodations consist of the main bathroom and three generously proportioned bedrooms at one end, with the master with walk in robe and ensuite segregated to the other end of the residence, as well as a 5th bedroom adjacent which could serve as a study and or nursery.
Conveniently positioned and tucked away in a culdesac it does not get much more private than this, yet still only a short walk to the shops, bus stops, and Mt Rogers Nature Reserve.
Beautifully landscaped front yard with paved pathways. Separate oversized double garage with sink and toilet. Covered carport area. Additional features include a 2-way fireplace to both living areas, polished floorboards in rear living spaces, ducted gas heating, evaporative cooling, an outdoor BBQ area featuring a pizza oven, ample vegetable beds, and a large rear deck.
5bed | 2.5bath | 4car
- RZ2 Zoning
- Presents as a superb family home in a quiet cul-de-sac setting
- Spacious free-flowing layout
- Seamless flow to private sun-soaked entertainment courtyard
- Remastered stone kitchen, ample storage
- Well-sized bedrooms all with built-in wardrobes
- Bathrooms and toilet with floor to ceiling tiles
- Carpeted bedrooms and living area
- Excellent potential to enhance and capitalize on location (RZ2 zoning)
- 6.7kms to Belconnen shopping centre,
Rates: $2655 (2021)
Block: 17
Section: 6
UCV: $350,000 (approx.)
First constructed: 1977
Land Size: 1197 m2 (approx.)
Internal Living: 175m2 (approx.)
Garage: 59m2 (approx.)
Listing description written by Carter and Co Agents, Carter and Co Agents Braddon — reproduced as published, not verified by Districts.