ACT has seen average median house prices change by 6.75% which means that Spence, 2615 has done well for property investors by showing a capital gain of 5.85% over the last year
Spence,2615 was ranked 1923 in Australia by increase in median property value over the quarter.
Property buyers and investors in Spence 2615 should be seeing an average reduction in asking price of around -1.99% . This means that Spence is holding prices well when compared to other suburbs in ACT.
Often selling an investment property can take time, and in Spence the average time real estate has been on the market is 50.62 days.