spence 2615
State: ACTPosiProp AI Investment Summary
spence (ACT 2615) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 6.9%, with a median house buy price of $935,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$835,500
$992,500
$935,750
Suburb Market Profile
Last month Spence had 3 properties available for rent and 6 properties for sale. Median property prices over the last year range from $935,750 for houses to $606,100 for units. If you are looking for an investment property, consider houses in Spence rent out for $740 PW with an annual rental yield of 4.2% and units rent for $550 PW with a rental yield of 4.9%. Spence has seen an annual compound growth rate of 6.9% for houses and 1.8% for units.
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