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
4
Bedrooms
2
Bathrooms
4
Car spaces
888 m²
Land
145 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
UnknownNearby 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.
Area
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 CanberraPrepare to fall in love when you step inside this absolutely stunning family home in Spence. Immaculately presented and updated from the original with high-end fixtures and fittings, this beautiful home blends classic charm with contemporary style, showcasing meticulous attention to detail in every aspect of its design.
The expansive and light-filled open-plan living area is a versatile space for entertaining and relaxing. An impressive waterfall stone island defines the sleek, modern kitchen and provides a dramatic focal point while offering a generous workspace for food preparation. The epitome of elegance, this space effortlessly combines functionality with aesthetic appeal, making it a haven for sophisticated living.
Accommodation comprises four generous-sized bedrooms, all with built-in storage and carpeted for comfort. The home is serviced by a modern, fully-tiled bathroom with a convenient separate toilet and a private ensuite to the main bedroom.
Recent upgrades that improve climate comfort include new gas heating and ducts, a new gas instant hot water heater, double-glazing, and insulation in the walls and ceiling. With every detail perfect, this is a home you can enjoy from day one without any work needed.
Step outside to the full-length covered patio with separate dining and sitting areas and built-in barbeque, perfect for entertaining friends and family. The large yard is fully fenced with plenty of room for kids and pets to play, and with the inclusion of the cubby house and trampoline, the kids will love getting out in the yard.
Situated on a large corner block and surrounded by lovely established gardens, this home offers great convenience for families, with a selection of schools, public transport, and local shops all close at hand. Nature lovers will appreciate the proximity to parks and Mount Rogers Reserve, while Belconnen CBD and Westfield are approximately 10 minutes away.
Your dream sanctuary awaits; take the first step to owning this beautifully updated home by contacting the office for viewing times.
Auction Details - This home will be auctioned on site on Saturday 25th May2024 at 11:00am - Unless sold prior to.
Features -
• Updated home on 880m2 landscaped block
• 4 bedrooms with built-ins + 2 baths + WC
• Main bedroom with private modern ensuite
• Expansive, tiled, open-plan living with skylight
• Sleek modern kitchen with stone benchtops
• Induction cooktop, double oven, dishwasher
• Ducted heating & split-system heating & cooling
• New wall & ceiling insulation + double glazing
• Security system + blinds + new gas hot water
• Double lock-up garage + tandem 2-car carport
• Large covered entertaining area with built-in BBQ
• Fenced yard with cubby house & trampoline
• Close to schools, shops, busses, green space
• 7km to Belconnen & 16km to the city centre
• Spacious & immaculate updated family haven
Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
Listing description written by Treston Bamber, Ray White Canberra — reproduced as published, not verified by Districts.