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 › Leavold Pl
$780,000
Last sold
22 Mar 2019
5
Bedrooms
2
Bathrooms
2
Car spaces
940 m²
Land
197.7 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
$780,000
22 Mar 2019 · 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
-18.3%
Median sale
Suburb $955,000
+0.46 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 Town Residential BelconnenLocated in a quiet, elevated and private cul-de-sac in Spence, you will find a spacious family home with an abundance of natural light and free-flowing living areas, all offered on a huge parcel of land. The residence has been lovingly cared for and renovated by its original owners, and is now ready for another family to call it home.
The residence comprises spacious and segregated living areas with a wealth of storage options, and a private rear alfresco which overlooks the stunning gardens and large swimming pool. The bedrooms are well-proportioned, with four offering built-in wardrobes, one of which has its own entrance and could be used for a variety of purposes. These are complemented by a recently renovated main bathroom. Additionally, the master bedroom offers a lovely bay window (with storage under), as well as an ensuite.
The property is close to a nature reserve (and a small supermarket over the hill) at the top of the cul-de-sac and only a short walking distance to local parks, schools and the Spence shops. It is conveniently located, with easy access to bus stops on Owen Dixon Drive and the major roads leading to the Belconnen Town Centre, Gungahlin and the Canberra CBD.
Features include:
- Huge downstairs 5th bedroom/office/teenage retreat/rumpus/media room with separate side entrance and great storage that would suit a variety of working from home situations
- Three of the other bedrooms have built-in robes and the master bedroom boasts an attractive bay window, as well as an ensuite bathroom
- Open plan kitchen/family room with views of the back garden and pool
- Floating timber floor to kitchen/family room, along with split system air conditioning
- Renovated main bathroom with floor to ceiling tiles, separate bath and shower recess
- Updated separate toilet and laundry
- Ducted natural gas heating throughout the main level, as well as separate natural gas heating to the downstairs area
- A further split system air conditioning unit to lounge/dining room, and a 'Ventis' ducted ventilation system throughout the main level
- A beautiful fully-automated solar-heated saltwater swimming pool is overlooked by the covered alfresco area
- Oversized double garage with internal access, as well as automatic roller doors
- Large fully-irrigated and well-established private gardens with tool shed for storage
- 3000L water tank
- NBN connected
- Back to base security alarm system
Property information:
- EER: 2.0
- Internal living: 197.70m (approx.)
- Rear covered pergola (alfresco): 25m (approx.)
- Front balcony: 20m (approx.)
- Garage: 46.20m (approx.)
- Block size: 940m (approx.)
Listing description written by Kostya Logvinov, Town Residential Belconnen — 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.