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39 Magrath Crescent, Spence$1.16m
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Soldhouse

39 Magrath Crescent

Spence, ACT 2615, Australia
$1.16m
5 bed 2 bath 2 car1088 m²

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About this property

Purchased in December 2009, the homeowners had a wonderful early Christmas present. Setting up the Christmas tree is one of their very first moments in the home that they always remember so clearly. Their decision was guided by a clear goal: to secure a family home in a well-established suburb, with space for the kids to grow, access to quality schools, and everyday convenience close by. 39 Magrath Crescent, Spence immediately stood out for its large block, established street, and proximity to shops, schools, and childcare which is what they needed having young children. Over the years, the home has supported every stage of family life. It's been a place shaped by routine and connection - from watching their children grow up to sharing meals together in the open plan kitchen and dining area. The layout has allowed for both time together and separation when needed, creating a home that adapts as life evolves. The outdoor spaces have become one of the most valued parts of the home. Set across a generous block, the landscaped front and rear yards offer multiple areas to relax or entertain, with a chicken coop, lemon tree, and established vegetable and herb garden adding to its everyday functionality. It's a space where kids have had room to play, and where the homeowners have spent time unwinding or hosting family and friends. Recent updates have further enhanced the home, with renovations completed in January 2024 to the bathroom, toilet, and laundry, alongside hybrid timber flooring installed in June 2024. Fresh paint and new carpet throughout complete the update, ensuring the home is move-in ready while maintaining the practicality that has served the family so well. THE HOME Set on a generous block, the spilt level home is designed with family functionality in mind, offering multiple living zones and a layout suited to both everyday living and entertaining. The open plan kitchen and dining area forms the central hub, creating a natural space for meals and connection. The front living room is perfect for the children to relax while the second living room is great for the adults as it overlooks the backyard with direct access to the deck. The kitchen is equipped with quality appliances, including a Bosch dishwasher, Fisher & Paykel oven, and Blanco cooktop. Comfort is maintained year-round with ducted heating and evaporative cooling throughout. Outdoor living is a standout feature, with beautifully landscaped front courtyard and rear yards offering flexibility for both entertaining and day-to-day use. Additional features include Crimsafe screen doors to the rear rumpus and a double remote garage, adding security and practicality. THE LOCATION Positioned in the established suburb of Spence, the home sits within a family-friendly setting known for its larger blocks, quiet streets, and strong sense of community. With local shops, schools, daycare options, and green spaces all close by, the location supports an easy, well-connected lifestyle. Its position also provides convenient access to the broader Belconnen region, making commuting and weekend activities straightforward while still enjoying the benefits of a peaceful residential setting. MORE DETAILS - 5 bedroom spilt level family home with multiple living areas - Open plan kitchen & dining - Kitchen ft. Hybrid timber flooring, Bosch dishwasher, Fisher & Paykel oven & Blanco cooktop - Master bedroom ft. walk through robe & ensuite, with access to deck - Additional four bedrooms ft. brand new carpet & built in robes - Ducted heating & evaporative cooling throughout - Renovated bathroom, toilet & laundry (Jan 2024) - Freshly painted interior - Brand new carpet throughout - Fully landscaped front yard ft. paved courtyard like area - Backyard ft. chicken coop, lemon tree & vegetable/herb gardens, golf putting green and covered decked area. - Double garage ft. remote door access - Within walking distance of Spence Shops, local playgrounds and nearby walking tracks around Mount Rogers - Short commute to Belconnen Town Centre, Melba shops and surrounding schools - Year Built: 1976 - EER: 4 stars - Approx. Block Size: 1,088 sqm - Approx. Living Size: 192.53 sqm - Approx. Garage Size: 45 sqm - Approx. Council Rates: $827 per quarter - Approx. Rental Return: $800-$850 per week

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
5
Bathrooms
2
Parking
2
Land Area
1088 m²
Listed
2 months ago

Repayment calculator

$5,624/month
$2,812 /fortnight
Loan $928,000 at 6.10% over 30 years

Upfront costs

Deposit$232,000
Stamp duty$44,744
Conveyancing (est.)$2,000
Total upfront$278,744
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Spence

This 5-bedroom house in Spence, ACT 2615 sits within reach of public transport, local shops local amenities. It is listed 23% above the $940,000 median of 56 comparable houseswithin 5 km.

What's nearby

  • Clarey Crescent after Curley Street (bus)618 m away
  • Spence Butchery272 m away
  • Unnamed460 m away
  • Unnamed872 m away
  • Unnamed1.1 km away

Spence at a glance

Full suburb profile
Population
2,587
Median age
38
Household income
$2,358/wk
Median rent
$375/wk
Median mortgage
$2,120/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Spence price trend

Median sold · House 3 bed

Compound growth +1.5% / yr over 4 yrs

$837kcurrent median

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