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 › Crofts Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
1,503 m²
Land
143 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 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 Ray White Canberra*** Please go to https://raywhitecanberra.com.au/watch-our-auctions-live to watch the auction ***
In accordance with ACT Government health guidelines, one on one inspections for Residential property will be allowed to commence at 11.59pm on Friday, 17th September 2021. To book an appointment please contact the agent.
Auction Details - This home will be auctioned online on Friday 1st October 2021 at 1:30pm. Please contact the agent to register.
Here's your chance to acquire a fantastic family home in Spence. Set on a substantial 1503m2 elevated block with views all the way to Telstra Tower, there's plenty of room for the growing family. This home has also been extensively updated throughout, so it's ready for you to move in and start enjoying.
The well-designed floorplan consists of four good sized bedrooms, a family bathroom with a separate toilet, plus a master ensuite, laundry with storage and external access. At the heart of the home, separating the living areas from the bedrooms is the combined kitchen and family room that flows onto the large L-shaped formal living and dining room.
The elevated front deck runs the full length of the house, with access from the living room and master bedroom, and it offers an ideal place to relax with a cool drink and take in the views. An expansive back patio creates an extra living area and provides entertaining space for the biggest gatherings.
Families will appreciate the updated bathrooms with modern fixtures and shower rails, as well as the renovated galley kitchen with gas cooktop, dishwasher and lots of storage and bench space. Other features that add to the comfort of the home include ducted heating and cooling plus ceiling fans for all year comfort, continuous hot water, and a security system.
Behind secure automatic gates is the huge rear yard with lots of grassy space for children and pets to play, plus room for a vegetable garden and a pool. There's also plenty of parking space with a double lock-up garage and room for extra vehicles. Established trees provide shade in the summer, and the front gardens have been cleared and neatly landscaped.
Situated in a quiet cul-de-sac, this home is within walking distance of childcare, local shops, and bike and walking trails leading to Mount Rogers Reserve. A selection of quality schools are all less than five minutes drive away, while Westfield is just a short trip up the road for all your shopping needs. The bus stop is right at your front door to connect you to Westfield, the university, Hospital and CBD.
Bring your family to see this home and all it has to offer. Call us today to arrange an inspection.
Features -
* Updated family home on 1503m2 block
* Elevated aspect with views to Telstra Tower
* 4 beds with BIR + 2 baths + separate toilet
* Central updated galley kitchen & family room
* Modern kitchen with gas stove + dishwasher
* L-shaped formal lounge and dining room
* Updated laundry with storage & external access
* Full-length front deck with mountain views
* Expansive covered patio for entertaining
* Ducted heating, cooling + fans + security
* Automatic secure gates to DLUG + yard
* Walk to local shops; metres from a bus stop
* Close to local schools & Mount Rogers trails
* 10 minutes to Belconnen Westfield
* Perfect family home with space for everyone
Listing description written by Robert Darcy, Ray White Canberra — 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.