Spence, 2615 ranked 43th in ACT when comparing growth in median property values or capital gain over the last 12 months. Spence is one of 126 in our list for ACT
Across a shorter period, Spence, 2615 has seen a median price increase of 3.02% over the last quarter.
Property buyers and investors in Spence 2615 should be seeing an average reduction in asking price of around -2.27% . This means that Spence is holding prices well when compared to other suburbs in ACT.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.83%, investors should hope to achieve an overall return of 4.22%