Spence is an outer Belconnen family suburb adjacent to Charnwood, one of Canberra's most affordable postcode areas. Popular with investors, families and first home buyers seeking value in the broader Belconnen district. At the current $670k median house price, an 80% loan at 6.25% over 30 years is about $3,300 per month.
| Median house price | $670,000 |
|---|---|
| Median unit price | $415,000 |
| Estimated monthly repayment | $3,300 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.8% |
| Gross rental yield | 5.1% |
| Typical days on market | 20 |
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