Spence, ACT 2615
Compare Part of Unincorporated ACT
11.00 km
Distance from Canberra CBD
37 k
Population
Auction Times
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 10 Bennet Street 3 1 2 House | 11:00 AM Sat 4th May | Ray White |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $475,000 | -3.2% | $70,000 | $880,000 | 47 |
| 2014 | $485,000 | +2.1% | $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 | $935,000 | +11.2% | $640,000 | $1,235,000 | 24 |
| 2023 | $860,000 | -8.7% | $725,000 | $1,302,500 | 21 |
| 2024 | $820,000 | -4.9% | $770,000 | $1,060,000 | 7 |
Median Sale Price
$835K
Based on 25 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-9.6%
Current Median Price: $835,000
Previous Median Price: $915,000
Based on 46 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | 11 |
| 2020 | $540 | -3.7% | $450 | $680 | 9 |
| 2021 | $600 | +10.0% | $450 | $800 | 12 |
| 2022 | $700 | +14.3% | $550 | $820 | 16 |
| 2023 | $630 | -11.1% | $510 | $950 | 22 |
| 2024 | $720 | +12.5% | $500 | $850 | 4 |
Median Rent Price
$620
per week
Based on 20 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
-12.1%
Current Median Rent: $620
Previous Median Rent: $695
Based on 38 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $835,000
Current Median rent: $620
Based on 45 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Spence
Houses sold in Last 12 months ends 20 Apr 2024
$915K
Median Sale Price
82%
Clearance Rate
9/11
Sold/Reported
$1.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M (Median Price Range) | 5 | |
Similar Suburbs to Spence 2615
Based on median house sale price sold in last 12 months
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 |