24 Magrath Crescent, Spence ACT 2615
This property is Off Market
- The Average property price in this area is $762,404, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 116.62 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Spence
With an average age of 41, households expect an average monthly mortgage payment of $2,228 or a weekly rent payment of $508. The average family earns a weekly income of $3,015 with a typical household size of 2.7 and a 94.46% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Spence are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Spence changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Spence to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Spence we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Spence a better buying opportunity than it may have been in the past.
Public Transport
EPIC and Racecourse
Gungahlin Place
Mapleton Avenue
Manning Clark North
Nullarbor Avenue
Phillip Avenue
Dickson Interchange
Swinden Street
Well Station Drive
Sandford Street
General Points of Interest
CSIRO Discovery Centre
Gold Creek Station
Cockington Green Gardens
Canberra Indoor Climbing - North Rocks
ANU Medical School
Oracle Gym & Pool
ANU College
Burbidge Amphitheatre
Ian Potter National Conservatory Lookout
Poem of the Unknown
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 307 asthma sufferers and 103 people living with diabetes. In addition, 115 people have a heart/vascular condition and 254 people live with three or more chronic diseases.A good place to invest in property?
Spence a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
53 / 100
56 / 100
Industry
19 / 100
28 / 100
Population
18 / 100
26 / 100
House Prices
66 / 100
72 / 100
Jobs
20 / 100
32 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
Evatt Primary School
Evatt, ACT, 2617 Independent K-6 -
Miles Franklin Primary School
Evatt, ACT, 2617 Independent K-6 -
Fraser Primary School
Fraser, ACT, 2615 Independent K-6 -
Florey Primary School
Florey, ACT, 2615 Independent K-6 -
Mount Rogers Primary School
Melba, ACT, 2615 Independent K-6 -
Taqwa School
Spence, ACT, 2615 Independent K-6
Property Story
24 Magrath Crescent, Spence, Act, 2615 is a residential property with 4 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated value of this home is $1,095,000 while properties of this type typically sell for between $1,125,000 and $1,125,000 in this suburb. The estimated distance to the sea is 116.62km and at least 2.89KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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