Suburb Profile
More Recent Sold in Spence
| Address | Sold Date | Price |
|---|---|---|
| 11 Mcgowen Close, Spence ACT | Apr 2024 | $780,000 |
| 201 Owen Dixon Drive, Spence ACT | Apr 2024 | $1,060,000 |
| 2 Crofts Place, Spence ACT | Apr 2024 | $835,000 |
| 29 Trenwith Close, Spence ACT | Feb 2024 | $820,000 |
| 27 Boyland Close, Spence ACT | Jan 2024 | $770,000 |
More Recent Rent in Spence
| Address | Rent Date | Price(per week) |
|---|---|---|
| 12 Lane Pl, Spence ACT | Mar 2024 | $500 |
| 12 Crofts Cres, Spence ACT | Mar 2024 | $850 |
| 16 Bennet Street, Spence ACT | Feb 2024 | $570 |
| 273 Kingsford Smith Dr, Spence ACT | Jan 2024 | $720 |
| 5 McGowen Place, Spence ACT | Dec 2023 | $570 |
Rent Yield in Spence
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 2 | - | $520 | - | - | $520 | - | 2 |
| 3 | $759,167 | $635 | 4.35% | $755,000 | $655 | 4.51% | 12 |
| 4 | $985,000 | - | - | $992,500 | - | - | 4 |
| House | |||||||
| 2 | - | $570 | - | - | $570 | - | 1 |
| 3 | $772,500 | - | - | $772,500 | - | - | 2 |
| 4 | $1,050,000 | - | - | $1,050,000 | - | - | 1 |
| Unit/apmt | |||||||
| 2 | - | $470 | - | - | $470 | - | 1 |
| Other | |||||||
| 3 | $740,000 | $700 | 4.92% | $740,000 | $700 | 4.92% | 2 |
| Unknown | |||||||
| 3 | $756,667 | $622 | 4.27% | $765,000 | $630 | 4.28% | 8 |
| 4 | $963,333 | - | - | $935,000 | - | - | 3 |
Demographics of Spence
| PopulationSize | 2615 | Canberra/Queanbeyan |
| All People | 36640 | 311651 |
| Country of Origin | 2615 | Canberra/Queanbeyan |
| Australian Born | 79% | 73% |
| Born Overseas - Top 5 | 2615 | Canberra/Queanbeyan |
| United Kingdom | 6% | 5% |
| New Zealand | 1% | 1% |
| Viet Nam | 1% | 1% |
| Germany | 1% | 1% |
| Italy | 1% | 1% |
| Age Statistics | 2615 | Canberra/Queanbeyan |
| 20 to 39 | 31% | 32% |
| 40 to 59 | 29% | 27% |
| 5 to 19 | 23% | 23% |
| 60+ | 10% | 12% |
| 0 to 4 | 7% | 7% |
| Family Statistics - Top 5 | 2615 | Canberra/Queanbeyan |
| Married | 51% | 49% |
| Never Married | 34% | 36% |
| Divorced | 8% | 8% |
| Widowed | 4% | 4% |
| Separated | 3% | 3% |
| Religion - Top 5 | 2615 | Canberra/Queanbeyan |
| Catholic | 34% | 33% |
| Anglican | 22% | 21% |
| No Religion | 20% | 22% |
| Uniting Church | 6% | 5% |
| Presbyterian and Reformed | 3% | 3% |
| Occupation - Top 5 | 2615 | Canberra/Queanbeyan |
| Professionals | 10% | 12% |
| Intermediate Clerical/Sales/Service | 10% | 9% |
| Associate Professional | 6% | 6% |
| Tradespersons and Related Workers | 5% | 4% |
| Elementary Clerical/Sales/Service | 5% | 4% |
| Education - Top 5 | 2615 | Canberra/Queanbeyan |
| Not Attending (Working) | 70% | 68% |
| Infants/Primary | 10% | 10% |
| Secondary Education | 9% | 8% |
| University or other Tertiary Institution | 5% | 7% |
| Technical or Further Education | 4% | 3% |
| Transport to Work - Top 5 | 2615 | Canberra/Queanbeyan |
| Car (driver) | 32% | 30% |
| Car (passenger) | 5% | 4% |
| Bus Only | 3% | 3% |
| Worked at home | 1% | 2% |
| Bus & Other (ex Train) | 1% | 1% |
| Type of Dwelling - Top 3 | 2615 | Canberra/Queanbeyan |
| Separate house | 87% | 76% |
| Semi/Terrace | 10% | 12% |
| Flat | 1% | 9% |
| Nature of Occupancy - Top 3 | 2615 | Canberra/Queanbeyan |
| Purchasing | 40% | 34% |
| Fully Owned | 30% | 30% |
| Rented | 27% | 32% |
| Monthly Loan Repayment - Top 5 | 2615 | Canberra/Queanbeyan |
| $800-$999 | 20% | 19% |
| $1,000-$1,199 | 18% | 17% |
| $600-$799 | 17% | 15% |
Supply Demand History in Spence
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 5 | 156 |
| 2015 May | 5 | 144 |
| 2015 Jun | 4 | 89 |
| 2015 Jul | 5 | 167 |
| 2015 Aug | 4 | 79 |
| 2015 Sep | 5 | 140 |
| 2015 Oct | 6 | 147 |
| 2015 Nov | 6 | 84 |
| 2015 Dec | 4 | 47 |
| 2016 Jan | 5 | 122 |
| 2016 Feb | 4 | 208 |
| 2016 Mar | 4 | 154 |
| 2016 Apr | 7 | 372 |
Based on Australian Bureau of Statistics data
Spence, ACT 2615
(11.00 km to CBD)
- Median House Price: $902,000
- Median Unit Price: $602,000
Surrounding Suburbs
Selected Demographics of Spence
- 967 Number of House
- 93 Number of Unit
- 36640 Number of People
- 36 Median Age
- 2.8 Median Household Size
- $210 Weekly Rent
- $840 Weekly Individual Income
- $2,050 Weekly Family Income
- $1,849 Weekly Household Income
- $902,000 Median Asking Price
- $640 Median Rent
- 0.04% Rent Yield
- 37 Stock On Sale
- 0.10% Vacancy Rate
- 5 Average Supply
- 226 Average Demand
- 43.77 Supply Demand Ratio
Leading Agencies (Sale)
Ray White - Belconnen 6%
Luton Properties - Belconnen 3%
LJ Hooker - Belconnen 3%
Luton Properties - Holt 2%
HOME.BYHOLLY 2%
BarrettELTON - Canberra 1%
Peter Blackshaw Real Estate - Gungahlin 1%
Luton Properties - Dickson 1%
Peter Blackshaw Manuka - MANUKA 1%
Independent Property Group Dickson 1%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| LJ Hooker - Belconnen | 16% |
| LJ Hooker - Gunghalin | 16% |
| LJ Hooker - Kaleen | 16% |
| Maloney's The Estate Agent - Kingston | 11% |
| LJ Hooker Kippax - Holt | 5% |
| Hodgkinson Real Estate - Tuggeranong | 5% |
| LJ Hooker - Dickson | 5% |
| Badenoch Real Estate - Belconnen | 5% |
| PRD Nationwide Inner North - Braddon | 5% |
| Luton Properties - Dickson | 5% |
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