Spence, ACT 2615

Spence, ACT 2615

Compare Part of Unincorporated ACT

11.00 km
Distance from CBD
37 k
Population
Median Sale Price
House
$661K
Updated on Feb 2021
2 BR
-
3 BR
$590K
4 BR
$763K
Unit
$530K
Updated on Feb 2021
1 BR
-
2 BR
$465K
3 BR
$601K
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
$455,000
-1.1% $250,000 $660,000 29
2011
$455,000
0.0% $355,000 $630,000 34
2012
$490,000
+7.1% $365,000 $675,000 29
2013
$460,000
-6.5% $70,000 $675,000 47
2014
$485,000
+5.2% $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
$723,000
+14.2% $473,500 $819,200 17
2020
$730,000
+1.0% $540,000 $820,000 16
2021
$787,000
+7.2% $670,000 $1,100,000 8
Median Sale Price
$768K
Based on 20 recorded sales within the last 12 months
Updated on 19 Apr 2021
Suburb Growth
+6.2%
Current Median Price: $768,000
Previous Median Price: $720,500
Based on 38 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$540
Updated on Mar 2021
2 BR
-
3 BR
$503
4 BR
$575
Unit
$470
Updated on Mar 2021
1 BR
-
2 BR
$460
3 BR
$480
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
$470
+8.5% $285 $580 16
2017
$490
+4.1% $325 $700 23
2018
$520
+5.8% $500 $790 7
2019
$560
+7.1% $460 $750 10
2020
$520
-7.7% $450 $680 9
2021
$550
+5.5% $450 $600 3
Median Rent Price
$520
per week
Based on 11 recorded rent within the last 12 months
Updated on 19 Apr 2021
Rent Price Growth
-3.8%
Current Median Rent: $520
Previous Median Rent: $540
Based on 17 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $768,000
Current Median rent: $520
Based on 31 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Spence

Houses sold in Last 12 months ends 17 Apr 2021

$770K

Median Sale Price

92%

Clearance Rate

11/12

Sold/Reported

$830K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 2
$600 K - $800 K
(Median Price Range)
9

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