Back

Spence
ACT, 2615 - Unincorporated ACT

Thinking about buying in Spence? Now could not be a better time, with 1124 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $762,000 with prices in this suburb ranging from $72,000 to $4,379,000. The aproximate distance to the coast is 115 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Spence Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Spence are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Spence changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Spence to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Spence we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Spence a better buying opportunity than it may have been in the past.

Properties for sale Spence

Ray White 24 MAGRATH CR, SPENCE, ACT, 2615 Beds4 Bathrooms2 Parking 2 990000
Ray White 9 MAGRATH CR, SPENCE, ACT, 2615 Beds3 Bathrooms2 Parking 2 1100000
Ray White 53 MAGRATH CR, SPENCE, ACT, 2615 Beds5 Bathrooms2 Parking 3 1100000

Local Schools

Taqwa School

Mount Rogers Primary School

Miles Franklin Primary School

Evatt Primary School

St Monica's Primary School

Fraser Primary School

Melba Copland Secondary School

(While the above schools are located with the suburb of Spence there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Spence weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

EvattMelbaFraserFlynnMckellarCharnwoodHallGiralangNichollsFlorey

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!