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
$545,000
Last sold
17 Apr 2015
4
Bedrooms
2
Bathrooms
2
Car spaces
957.3 m²
Land
185.806 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
$545,000
17 Apr 2015 · derived via latest_sale
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.
Vs Spence
-42.9%
Median sale
Suburb $955,000
+1.54 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 Rutherford Johnston PropertiesFronted by established trees and shrubs, the kerbside attraction of this four bedroom home is just a hint of what you can expect inside the front door.
Immaculately presented and in wonderful condition, the interior features neutral decor, timber flooring and a superb central kitchen that commands the run of the home - from the formal living and dining areas at the front to the east-facing bedrooms and even the glorious, light-filled family room at the rear which is lined by windows looking out to the gardens.
The master bedroom at the rear includes a spacious ensuite and an entrance wall of robes, while each of the family bedrooms remain in easy parental reach as they edge towards the front of the home. The entire property has been freshly painted both inside and out, plus Colorbond roofing was installed in 2012.
The private rear yard is terraced and remarkably long, currently including a paved area for BBQs or basketball practice and providing plenty of space for children or pets as well as an enormous expanse for gardeners and family cultivators. There's also a double garage with a similar sized workshop/storage area and off driveway parking for two more cars.
Located in an elevated loop street, even the position is excellent with community facilities such as child care and a preschool opposite as well as bus routes and shops within easy reach. Mount Rogers Reserve is only a few hundred metres away, too, if you're looking for exercise or pleasant walks.
This superb property is sure to appeal to discerning buyers looking for solid value and great fundamentals in a remarkably buoyant market.
Features include:
Four spacious bedrooms all with large built-in-robes
Ducted gas heating
Solar hot water
Renovated bathroom and toilet (2006)
Renovated kitchen (2002) with dishwasher
Large family room extension to rear of home in 1999
External and internal painting just completed
Back to base security system
Large walk-in pantry
Ceiling fans in kitchen and 3 bedrooms
Generous sized laundry
Hardwood timber floor through front living spaces
Colorbond roofing installed in 2012
Watering system in main garden beds
Double garage with large storage/workshop and 15 amp power
Private and secure rear yard
Ample under house storage
Low maintenance and landscaped gardens
Living area: 188sqm (approximately)
Block size: 957sqm (approximately)
Land rates: $1,685. Per annum (approximately)
Listing description written by Kylie Campbell-McLaughlin, Rutherford Johnston Properties — 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.