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ACT › Spence › Magrath Cres

5A Magrath Cres, Spence ACT 2615

House

$772,000

Last sold

18 June 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $772,000 (18 June 2021).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$772,000

18 June 2021 · derived via latest_sale

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.

See the full Spence report →

Vs Spence

-19.2%

Median sale

Suburb $955,000

+0.49 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$772,00018 June 2021
  2. Listedprice unknowncompleted10 June 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Spence in one glance

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.

See the full Spence report →

Keep researching

  • Why Spence? Read the area thesis →
  • What else is on the market in Spence →
  • Other records on Magrath Cres →

Listing material

Listed by HOME.BYHOLLY

modern on macgrath

#soldbymcreynolds $772,000

Gorgeous home tucked away in a quiet setting – ready to move into and enjoy!

Positioned at the back on a delightful dual occupancy block is this modern and stylish 10 year old single level three bedroom ensuite home that will impress from the moment you arrive with its striking rendered exterior being a real standout. Upon entering you will be captivated with the warmth, light, quality and overall feel that this lovely home exudes.

Read the full description

Set on a low maintenance block with a terrific blend of indoor and outdoor living this feel good home provides a wonderful easy care lifestyle choice for those who are looking to enter the market, downsize or perhaps invest in a fabulous suburb. The spacious combined living and dining area is overlooked by the well appointed kitchen, allowing you to interact with family and friends as you cook up a storm.The kitchen features stone bench tops, a stainless steel splashback, dishwasher and excellent storage, what more could you ask for.

Each of the bedrooms are double in size with two having built-in robes and the lovely master a walk-in robe and ensuite with under floor heating to both the bathroom, ensuite and separate toilet. Other excellent features include sliding doors from both the main bedroom and bedroom two, a separate toilet with a vanity, bamboo floors throughout the living, dining and kitchen areas plus a very handy study nook. Your comfort is ensured all year round with ducted reverse cycle heating and cooling and ceiling fans to all three bedrooms plus the living.

Step out of the living area onto the paved under cover patio area where you can just sit back and relax whilst enjoying that morning coffee, a quiet drink, barbecue or simply soaking up the sun. Complete with mulched easy care gardens and a large double garage with internal access, and remote control door. You will find yourself close to public transport and local schools and within just minutes of the Belconnen Town Centre, sporting facilities, the University of Canberra and Calvary hospital.

features.

.gorgeous three bedroom ensuite home set at the back of a dual occupancy block

.only 10 years old

.completely private

.modern with a striking rendered exterior

.lovely interiors and beautiful presentation

.bathed in abundant light

.open plan living, dining and kitchen

.fabulous kitchen with first class fixtures including, stone bench tops, dishwasher, stainless steel splashback, double bowl sink and great storage

.lovely bathroom and ensuite with under floor heating

.double size bedrooms with built in robes to two and a walk-in robe to the master

.sliding doors off the master bedroom and second bedroom

.separate toilet with vanity and under floor heating

.study nook

.bamboo floors to the living, kitchen and dining areas

.ducted Daikin reverse cycle heating and cooling

.ceiling fans to all three bedrooms plus the living and dining

.paved undercover outdoor entertaining area

.rainwater tank with tap into laundry and outside

.double garage with internal access and remote control door

.easy care surrounds

.close to public transport and the local shops

.just a few minutes to the Belconnen Town Centre, the University of Canberra, sporting facilities and hospitals

.just move in and enjoy the quality easy care lifestyle on offer

EER: 3.5

Rates: $2,220 approx. per annum

disclaimer. the information contained herein is gathered from sources we consider to be reliable, however home.byholly accepts no responsibility for inaccuracies. Interested parties must solely rely on their own enquiries and confirm all information provided.

Listing description written by Jenny Michael And Mark McReynolds, HOME.BYHOLLY — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.