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.
5
Bedrooms
2
Bathrooms
2
Car spaces
927 m²
Land
189 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 CanberraSituated in a peaceful and attractive street, this updated and well presented four bedroom plus study and ensuite home has plenty of space throughout and a floor plan suitable for family living. The spacious entry and lounge provide a welcoming first impression with raked ceilings and floating timber floors. The formal dining at the end of the living room easily accommodates a large setting.
Moving through to the inviting updated kitchen you'll appreciate the many cupboards, stone benchtops and ample food preparation bench space. The family room opens onto an expansive private, entertaining deck area adorned with blossom trees. This north and east facing outdoor living space is spacious and comfortable for all seasons.
The master bedroom has built in robes and a newly updated ensuite. The bedroom has a restful outlook to the beautifully kept back yard. Bedrooms two and three have a similar aspect and outlook. The main bathroom has both a bath and shower plus separate toilet. Additional toilet in laundry.
The back yard hosts a paved area with 5 person spa, grassed area and attractive low maintenance gardens. Plenty of parking with double garage plus parking bays and also generous sized workshop space.
Optimally positioned in a quiet street, spacious and inviting, conveniently located near schools and open space; family homes don't come much better than this!
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION ON SITE SATURDAY, 18 NOVEMBER AT 1PM
Features include:
*Quiet and attractive cul de sac location
*Two separate light filled living areas
*Updated bathroom, ensuite and kitchen with stone benchtops
*Master bedroom with built in robes and updated ensuite
*Large study with three workstations and built in cabinetry
*Ducted gas heating and ducted evaporative cooling
*Freshly painted inside and out
*Double remote controlled garage plus workshop space
*Side vehicle access to backyard
*Covered alfresco and outdoor entertaining area with large spa
*2nd outdoor entertaining deck off family room with barbeque gas bayonet
*Beautifully landscaped and easycare
*Foxtel and Cat 5 cabling throughout
*Back to base security system
* Living space 189.18m2; Total 234.88m2
Within close proximity to local schools, shops and the University of Canberra,
this suburban gem is a family friendly home with a beautiful garden outlook. Don't miss the opportunity to move into this charming home and enjoy the family lifestyle.
Call Mark Johnstone today on 0414 382 093 to arrange inspection or come along to our next open exhibition.
Listing description written by Mark Johnstone, 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.