Spence, ACT 2615

Spence, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population

Auction Times

Wed 14 Dec
Auction Time Agency
3 Magrath Crescent
4 2 2 House
5:30 PM
Wed 14th Dec
Independent Property Group Gungahlin
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 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 $901,000 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
$960,000
+13.5% $640,000 $1,125,000 22
Median Sale Price
$960K
Based on 23 recorded sales within the last 12 months
Updated on 2 Dec 2022
Suburb Growth
+14.1%
Current Median Price: $960,000
Previous Median Price: $825,000
Based on 44 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
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
$700
+14.3% $580 $820 14
Median Rent Price
$700
per week
Based on 15 recorded rent within the last 12 months
Updated on 2 Dec 2022
Rent Price Growth
+14.3%
Current Median Rent: $700
Previous Median Rent: $600
Based on 27 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $960,000
Current Median rent: $700
Based on 38 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Spence

Houses sold in Last 12 months ends 26 Nov 2022

$965K

Median Sale Price

67%

Clearance Rate

8/12

Sold/Reported

$1.09M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
4
$600 K - $800 K 1

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