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 › Garland Pl
5
Bedrooms
2
Bathrooms
2
Car spaces
981 m²
Land
170 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
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 Ray White CanberraYou'll never want for more space again after you move into this sweeping 5 bedroom home situated on a 981sqm block in a quiet cul-de-sac in Spence.
The oversized living room is a movie lovers dream, with plenty of room for big comfy couches and extra space for separate zones such as a study nook or games area.
The living room adjoins a formal dining room and huge double kitchen, with stylish and highly functional cabinetry, ample bench space with stone benchtops, wall oven, island bench with breakfast bar, and more.
Cook up a storm while you chat with guests relaxing in the sunroom as they look out over the expansive backyard. There is abundant outdoor space for any activity your kids could imagine, or see it as a blank canvas with unlimited landscaping opportunities (with room for a pool and spa!).
Parents can retreat to the large Master Bedroom with built-in robe and renovated ensuite, while 4 additional bedrooms give everyone in the family a private room. Extra bedrooms could also be utilised as a home office, guest room or rumpus.
The driveway and carport are so large you can fit a caravan, boat and trailer or multiple cars. For the hobby mechanic or tinkerer, there is also a massive workshop connected to the double garage complete with 3 phase power and lighting. The otherside of the house has a compacted gravel driveway big enough to home a large truck!
With extra features such as new carpet throughout, solar, and efficient heating and cooling throughout, this house could be yours to enjoy and entertain in by Christmas.
PLEASE NOTE THIS PROPERTY WILL GO TO AUCTION THURSDAY, 7TH NOVEMBER - 2/14 WALES STREET, BELCONNEN AT 5:00PM
Features:
Quiet cul-de-sac
New carpet throughout
Oversized living room
Formal dining room
Double kitchen with stone benchtops, island bench, modern appliances
Master bedroom with ensuite and cooling system
Modern main bathroom
4 additional bedrooms
Sunroom
Huge backyard
Oversized garage
Workshop with 3 phase power and lighting
Double carport
Solar
Instant hot water
Security cameras
Ducted gas heating
Reverse cycle air conditioning
Ceiling fans
Close to local schools, shops and parks
Short drive to Belconnen
Stats:
Block: 981m2
Living: 169.9m2
Sunroom: 14.4m2
Garage: 53.52m2
EER: 0.5
UV: $335,000
Rates: $2,438 pa
Land Tax: $3,256 pa
Listing description written by Jake Battenally, Ray White Canberra — 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.