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 › Broadby Cl
$990,000
Last sold
12 Sept 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
868 m²
Land
175 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
$990,000
12 Sept 2025 · 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
+3.7%
Median sale
Suburb $955,000
-0.07 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
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 Town Residential Belconnen+ Situated at the end of a quiet cul-de-sac and adjacent to a peaceful playground in the family-friendly suburb of Spence, this tastefully updated single-level home is filled with natural sunlight.
+ Formal entry
+ The lounge room is spacious and filled with light, featuring a separate dining area
+ Renovated kitchen featuring a gas stove top, dishwasher, large range hood, two sets of pantry cupboards, and plenty of cupboard and bench space, with a tiled splashback
+ Open plan family room area that opens onto a large sun-drenched private deck
+ Ducted gas heating
+ Ducted evaporative cooling
+ Freshly painted
+ New carpets
+ Solar Panel System and Panasonic Battery
+ Oversized main bedroom featuring built-in wardrobes and an ensuite bathroom
+ The additional bedrooms are spacious, filled with natural sunlight, and feature views of greenery
+ Spacious main bathroom featuring a large bathtub, separate shower, floor-to-ceiling tiles, and a separate toilet
+ Huge laundry with external access
A spacious deck provides a beautiful view of the private gardens
+ Large double carport and off-street parking
+ Store rooms
Property Information:
+ Internal living: 175m2
+ Carport & Sheds: 55m2
+ Block size: 868m2
+ Year built: 1974
+ Construction: Brick Veneer
Location information:
+ Within walking distance to Spence Mount Rodgers Primary School
+ Within walking distance to Spence Preschool
+ Within walking distance to Melba Oval, Evatt Community Playground, and Evatt Oval
+ A short drive to Belconnen Town Centre
+ Easy access to major roads leading to Canberra CBD, Gungahlin, and Belconnen
Listing description written by Kostya Logvinov, Town Residential Belconnen — 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.