Property investors who have had real estate in Spence, 2615 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.11%
Comparing Spence,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Spence are currently offering property investors an average price cut of -1.99% below the asking price at the moment.
At number 572 in a list of fastest selling suburbs, Spence is in the TOP 20% of suburbs in Australia with an average of days on market 50.62 for properties listed there.
Spence is 26th on a list of best yielding suburbs for rents in ACT with a 4.36% return