Spence, ACT 2615

Spence, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Thu 7 Jul
Auction Time Agency
139 Copland Drive
3 1 2 House
6:00 PM
Thu 7th Jul
Ray White
Median Sale Price
House
$883K
Updated on May 2022
2 BR
-
3 BR
$800K
4 BR
$985K
Unit
$639K
Updated on May 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$460,000
0.0% $365,000 $702,000 23
2010
$458,000
-0.4% $250,000 $827,000 29
2011
$455,000
-0.7% $355,000 $630,000 34
2012
$490,000
+7.1% $365,000 $675,000 29
2013
$461,500
-6.2% $70,000 $772,000 47
2014
$485,000
+4.8% $349,000 $646,500 13
2015
$545,000
+11.0% $411,500 $737,000 15
2016
$590,000
+7.6% $470,000 $790,000 25
2017
$578,000
-2.1% $425,000 $795,000 29
2018
$620,000
+6.8% $430,000 $837,000 24
2019
$680,000
+8.8% $450,000 $819,200 20
2020
$730,000
+6.8% $540,000 $820,000 16
2021
$830,000
+12.0% $670,000 $1,475,000 21
2022
$975,000
+14.9% $640,000 $1,125,000 15
Median Sale Price
$935K
Based on 27 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+17.9%
Current Median Price: $935,000
Previous Median Price: $768,000
Based on 46 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$635
Updated on May 2022
2 BR
-
3 BR
$595
4 BR
$750
Unit
$455
Updated on May 2022
1 BR
$290
2 BR
$455
3 BR
$520
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$500
0.0% $410 $580 5
2012
$475
-5.3% $420 $585 7
2013
$470
-1.1% $380 $630 17
2014
$458
-2.6% $350 $575 10
2015
$430
-6.5% $400 $520 11
2016
$490
+12.2% $285 $580 16
2017
$490
0.0% $325 $700 23
2018
$520
+5.8% $500 $790 7
2019
$560
+7.1% $460 $750 10
2020
$540
-3.7% $450 $680 9
2021
$600
+10.0% $450 $800 12
2022
$750
+20.0% $580 $780 6
Median Rent Price
$650
per week
Based on 12 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+15.4%
Current Median Rent: $650
Previous Median Rent: $550
Based on 23 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $935,000
Current Median rent: $650
Based on 39 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Spence

Houses sold in Last 12 months ends 25 Jun 2022

$990K

Median Sale Price

93%

Clearance Rate

12/13

Sold/Reported

$1.39M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 1
$1 M - $1.2 M 3
$800 K - $1 M
(Median Price Range)
3
$600 K - $800 K 3

Schools closest to Spence, ACT 2615

School name Address Type Sector Distance
Mount Rogers Primary School ALFRED HILL DRIVEMelba 2615 Primary Government 1.58 km
Melba Copland Secondary School COPLAND DRIVEMelba 2615 Secondary Government 2 km
St Monica's Primary School MOYNIHAN STREETEvatt 2617 Primary Catholic 2.01 km
Fraser Primary School TILLYARD DRIVEFraser 2615 Primary Government 1.66 km
Miles Franklin Primary School ALDERMAN STREETEvatt 2617 Primary Government 2.07 km
Evatt Primary School HEYDON CRESCENTEvatt 2617 Primary Government 1.92 km