Spence 2615
Market analysis for investment properties in Spence
Median Price
$890,000
Trend:Steady
+4.7%
Median Rent
$720/pw
Trend:Accelerating
+16.1%
Rental Yield
4.21%
Trend:Accelerating
+11.1%
Median DoM
19 Days
Trend:Decelerating
-56.8%
Market Analysis
Why investors are watching Spence right now.
In Spence, residents have access to nearby amenities for shopping, with the Westfield Belconnen shopping mall located just a short drive away, offering a wide range of retail options including major supermarkets, fashion stores, and dining opportunities.
Families with children in Spence have access to several primary and secondary schools in the surrounding areas. For example, the nearby Fraser Primary School and Belconnen High School provide quality education options for students.
Transport options in Spence include bus services that connect the suburb to the CBD in the Australian Capital Territory. Bus routes such as the 314 and 315 provide convenient transportation for commuters traveling to and from the CBD.
Surrounding green spaces in Spence offer residents opportunities for outdoor recreation and relaxation. For instance, nearby Umbagong District Park provides walking trails, picnic areas, and playgrounds amidst natural surroundings, making it a popular spot for families and nature enthusiasts alike.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Spence often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Spence be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Spence, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
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Investment Insights & FAQ
Frequently asked questions about the Spence property market in 2026.
As of March 2026, the Spence property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of 4.71% and units have grown by -18.09%. These figures reflect the evolving demand within Unincorporated ACT, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Spence range from $890,000 for houses to $606,100 for units. These values are calculated based on recent transaction data and current buyer activity across the Unincorporated ACT region.
For investors targeting cash flow, houses rent for $720 /pw with a 4.21% yield, while units rent for $560 /pw with a 4.8% yield. This rental performance is a key indicator of strong tenant demand within the Spence area.
Market Insights Last Updated: March 2026