Over the last year, property investments in Spence, 2615 have given investors a capital gain of 5.24%. This compares badly with the 7.20% for ACT as a whole.
While Spence,2615 ranked number 45th in ACT for increase in median house value (annualised) increase, it is ranked 40th over the last 5 years.
The most recent median price for Spence is $567000, with sellers offering an average of -2.10% off the asking price.
Spence is 28th on a list of best yielding suburbs for rents in ACT with a 4.33% return