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    Real Estate Market: Is Spence (ACT) ACT 2615 a Good Suburb to Buy Into?

    Housing Market in Spence (ACT)
    Sources: Property Listings and Microburbs, 2006 - 2023
    Field Value VS Australian Capital Territory Trend
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    $648 Top 31% 109% to Jan 2025
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    Housing Supply in Spence (ACT)
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
    Spence (ACT)
    37.2%
    Spence (ACT)
    37.2%
    Australian Capital Territory
    37.7%
    Australian Capital Territory
    37.7%
    Field Value VS Australian Capital Territory Trend
    40.6 Top 20% to Jun 2025
    2.1 Bottom 48% Data for Jul 2023
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    2 Top 24% to Mar 2025
    Housing Stock Quality in Spence (ACT)
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
    Field Value VS Australian Capital Territory Trend
    92.5% Bottom 23% 3% to Jan 2021
    2.7 Top 30% 3% to Jan 2021
    100.0% Top 1% Data for Jun 2023
    Development Restrictions in Spence (ACT)
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, ABS and Microburbs, 2011 - 2023
    Spence (ACT)
    51.3%
    Spence (ACT)
    51.3%
    Australian Capital Territory
    52.2%
    Australian Capital Territory
    52.2%
    Field Value VS Australian Capital Territory Trend
    1.5 sq km Bottom 16% Data for Jan 2021
    489 sqm per resident Bottom 28% Data for Jan 2021
    Risk in Spence (ACT)
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings and Microburbs, 2006 - 2023
    Spence (ACT)
    53.6%
    Spence (ACT)
    53.6%
    Australian Capital Territory
    60.7%
    Australian Capital Territory
    60.7%
    Field Value VS Australian Capital Territory Trend
    93.8% Top 43% 0% to May 2023
    6.2% Bottom 43% 3% to May 2023
    40 Top 29% Data for Jun 2023
    $2,710 Top 16% 23% to May 2023
    77 Bottom 41% Data for Jun 2023
    75 Bottom 44% Data for Jun 2023
    20.7% Bottom 41% 10% to Jan 2021
    50.3% Top 21% 9% to May 2023
    Unit Market in Spence (ACT)
    Field Value VS Australian Capital Territory Trend
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    64.1% Bottom 21% Data for Jan 2020
    Housing Demand in Spence (ACT)
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
    Spence (ACT)
    79.6%
    Spence (ACT)
    79.6%
    Australian Capital Territory
    81.7%
    Australian Capital Territory
    81.7%
    Field Value VS Australian Capital Territory Trend
    2630 Bottom 26% 1% to Dec 2060
    108000 Top 23% 25% to Dec 2023
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    467000 Top 1% 45% to Dec 2023
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    LGA Details (1)
    Median House Rental Prices by Street (5)
    Percent of Renters by Street (55)
    Turnover Rate by Street (53)
    Planning Applications: Dwellings (10)
    Planning Applications: Other (4)
    Median Unit Sale Prices by Street (58)
    Median House Sale Prices by Street (100)
    Recently Sold Houses (100)
    Businesses (9)
    Recent Rental House Listings (100)
    Recent Rental Unit Listings (100)
    Recently Sold Units (100)
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