ACT · 2615

Spence

Suburb profile, market snapshot and recent listings for Spence, ACT 2615.

Spence, ACT 2615

About Spence

Welcome to Spence

Spence is a residential suburb in the Belconnen district of Canberra, located within the Australian Capital Territory, Australia. It was gazetted on 2 November 1972, and streets are named after trade unionists.

Market snapshot

Spence property market

Median price ranks #2,020 of 3,797 suburbs · pricier than 47%
Bedrooms

Median sale price

$837k

House · 3 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$670k

Median

$837k

Premium

$941k

Days on market

Auction clearance

81%

Sold this year

27

Median sold price trend · House 3 bed

Compound growth +1.5% / yr over 4 yrs

Median price by bedrooms · House

Who lives here

Demographics

ABS Census 2021 figures for Spence, ACT 2615.

Population

2,587

residents (2021)

Median age

38

years

Household income

$2,358

median, per week

Median rent

$375

per week

Median mortgage

$2,120

per month

Mortgage / income

21%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Recent results

Recently sold in Spence

$979k

78 Baddeley Crescent

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.16m

39 Magrath Crescent

house5 bd · 2 ba · 2 car

Sold ~July 2026

$988k

17B Boote Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$819k

12 Boyland Close

house3 bd · 1 ba · 2 car

Sold ~June 2026

$735k

29 Garrard Street

house3 bd · 2 ba · 3 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Spence

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Compare the area

Price map around Spence

Every listing for sale near Spence, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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SpenceNearby suburbs

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Common questions

Spence suburb FAQ

What is the median property price in Spence?

The median house price in Spence, ACT is $837k for a 3-bedroom home.

Is Spence a good place to live?

Spence is a residential suburb in the Belconnen district of Canberra, located within the Australian Capital Territory, Australia. Spence is an established residential suburb in ACT, with a population of around 2,587.

What is the population of Spence?

Spence has a population of 2,587 (ABS 2021 Census), with a median age of 38.

How much do you need to buy in Spence?

Entry-level properties in Spence start around $670k, while premium homes reach $941k.

What suburbs are near Spence?

Suburbs near Spence include Fraser, Melba, Evatt, Flynn and Mckellar.