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.
4
Bedrooms
2
Bathrooms
1
Car spaces
535 m²
Land
1,244.901 m²
Building
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
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 LJ Hooker KippaxAuction Location: In Room | LJ Hooker Canberra City Auction HQ
Step into a world of modern comfort with this meticulously updated 4-bedroom residence in Spence. Every corner of this property has been thoughtfully rejuvenated, ensuring a turnkey home that requires nothing to do but move straight in. The bedrooms, each equipped with built-in robes and the main with a walk in robe, exude style and functionality, while the contemporary bathrooms add a touch of luxury to your daily routine.
The spacious open-plan layout invites you into a home that seamlessly integrates multiple living areas. This design not only enhances the overall aesthetic but also offers flexibility in how you utilizes your living space, creating an environment perfect for both relaxation and entertainment.
Situated in a prime location close to Spence shops, convenience is at your doorstep. Enjoy the ease of access to essential amenities, making your daily life effortlessly comfortable. Whether it's a quick trip to the grocery store or a leisurely stroll to the nearby shops, everything you need is within reach.
Perfect for downsizers, this property comes with a manageable block and an easy-care garden. Bid farewell to the burdens of extensive maintenance and embrace a lifestyle that allows you to enjoy your home without being tied down by upkeep. The well-designed garden complements the property, adding a touch of greenery without compromising on ease of maintenance.
Ideal for a downsizer seeking a cozy haven or a first-time homebuyer ready to embark on their property journey, this residence caters to diverse lifestyles. Beyond its aesthetic appeal, it sets the stage for a promising future, making it an ideal starting point for those entering the property market.
Don't miss out on the opportunity to make this meticulously updated 4-bedroom home yours. Contact us today to schedule a viewing and start your journey towards a life of comfort, convenience, and style in the heart of Spence!
Features:
- 4 bedrooms
- 2 bathrooms
- 535m2 block
- Easy care gardens
- 3 bedrooms with built in wardrobes
- Main bedroom with walk in robe
- Open plan living
- 6.6kw solar system with battery
- Electric cooking
- Electric hot water
- Ducted heating & cooling
- Updated kitchen
- Updated bathrooms
- New flooring
- Fresh paint
- Short walk to Spence shops
Rates: $2,473 p.a. approx.
Land Tax: $3,796 p.a. approx.
EER: 1.0
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
Listing description written by Eoin Ryan-Hicks, LJ Hooker Kippax — 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.