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 › Somerville St
3
Bedrooms
2
Bathrooms
2
Car spaces
1,063 m²
Land
142 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 CanberraWith admirable street appeal, and superbly located in a delightful and quiet street, this immaculately presented three bedroom residence is ready to embrace a new family.
The inviting front entrance to the home greets you with an expansive covered terrace where you can take advantage of the tranquil and colourful garden surrounds. The home provides a light and airy feel with a charming living room and elegant separate dining room, a pleasurable setting for formal family occasions.
The central hub of the home is the updated kitchen and adjoining family room, offering panoramic views to Spring Range.
Accommodation boasts a spacious master bedroom with walk through robe and updated ensuite, with bedrooms two and three a generous size and serviced with an updated and sparkling bathroom.
If you enjoy the outdoors, particularly entertaining, then you won't be disappointed with what the spacious and private north facing backyard has to offer. Low maintenance grounds with a delightful swimming pool, and alfresco area - the perfect setting for entertaining with family and friends during the upcoming summer months. To complete the package there is even more, with a large fully insulated and powered studio, teenager's retreat, hobby or music room.
The current owners of 30 Somerville Street have lived in their delightful home for 16 years, and during this time have proudly and meticulously maintained the home and grounds to the highest of standards.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION ON SITE SATURDAY, 24th NOVEMBER AT 1:30PM
Features include:
- Three bedrooms; two with built in robes
- Spacious master bedroom with walk through robe and updated ensuite
- Central and updated kitchen with integrated dishwasher and generous storage
- Zoned ducted reverse cycle heating and cooling
- Elegant light-filled living room
- Family room adjoining kitchen
- Formal dining room
- Updated main bathroom
- Double glazed sliding door from family to patio
- Rear patio with manual awning
- Beautifully landscaped gardens
- Inground swimming pool
- Inbuilt spa in swimming pool
- Outdoor shower located near pool
- Rear section of garage converted to studio
- Studio, fully insulated and with power
- Views to Spring Range
- Orchard garden with plums, nectarines, quinces, figs, raspberries, blackberries and cherries plus a vegetable patch
- Updated laundry with large linen closet
- New anti-allergy carpet throughout
- Quality block-out curtains
- Peaceful gazebo setting, shaded with wisteria
- Paved outdoor entertaining area
- Repointed roof
- Double metal garage
- Ample off street parking
- Established gardens
- Satellite dish
- Foxtel
- Large 1063sqm block
Set in a very convenient location close to the Spence shops, community ovals and public transport. Situated only a few minutes drive to Westfield Belconnen and the Barton Highway, ideal for a quick commute. A variety of popular schools are within close proximity and Mt Rogers Nature Reserve is on your doorstep.
Listing description written by Phyllis Tidmarsh, 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.