1/5 Magrath Crescent, Spence, ACT 2615 | Property Value & History | OnTheHouse
OFF MARKET

1/5 Magrath Crescent
Spence ACT 2615

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 149m2
Land area: 497m2
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Property Details for 1/5 Magrath Cres, Spence

1/5 Magrath Cres, Spence is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 497m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1975
Floor Size
149m2
Land Size
497m2
Local Government
Belconnen
Lot/Plan
SPENCE: Block 8, Section 6, Unit 1

Last Listing description (February 2021)

Affordable entry level dual occupancy home that you can just move into and enjoy!

Tucked away behind the tall leafy hedging in a lovely garden setting is this delightful privately built four bedroom, ensuite home that will impress from the moment you step inside with its beautiful presentation, abundant light and warm and inviting feel being immediately evident.

Positioned with complete privacy at the front of a dual occupancy block this feel good home features a large formal entry, lovely expansive living area and separate dining room. Step through to the fabulous renovated kitchen that joins the very pleasant meals/family area with this space leading directly to the outdoors. Other terrific inclusions are ducted gas heating, evaporative cooling, some fresh paint, hard wearing flooring and built-in robes to three bedrooms with the master having the luxury of an ensuite.

The outdoor entertaining/rear yard area features extensive paving and provides the ideal place for barbecues, alfresco dining and relaxing with plenty of room for the kids and pets to have fun in. The private front garden area is a real delight with established garden beds and tall leafy deciduous shade trees to enjoy. You will find yourself close to public transport and local schools and within just minutes of the Belconnen Town Centre, sporting facilities, the University of Canberra and Calvary hospital.

features.

.delightful privately built four bedroom, ensuite dual occupancy home
.tucked away in a private setting with leafy established surrounds
.expansive living area, separate dining and family/meals area
.immaculate presentation
.superb renovated kitchen with a large gas cooker and dishwasher
.ducted gas heating and evaporative cooling
.some fresh paint
.built in robes to three of the four bedrooms
.ensuite to the large master bedroom
.hard wearing flooring to the living, dining and hallway
.large paved outdoor entertaining area to the rear and glorious private front gardens with established veggie/garden beds
.single car accommodation with a remote control door plus a separate area for trailer
.close to public transport and the local shops
.just a few minutes to the Belconnen Town Centre, the University of Canberra, sporting facilities and Calvary Hospital
.ready to move into and enjoy

EER: 1.5
Rates: 2,739.00 pa (approx.)

Property History for 1/5 Magrath Cres, Spence, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$670,000
18 Feb 2021
  • 18 Feb 2021
    Sold for $670,000
  • 04 Feb 2021
    Listed for Sale $580,000+
  • 18 Oct 2011
    Sold for $420,000
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About Spence 2615

The size of Spence is approximately 1.5 square kilometres. There are 11 parks, covering nearly 17.3% of the total area. The population of Spence in 2016 was 2585 people. By 2021 the population was 2587 showing a population growth of 0.1% in the area during that time. The predominant age group in Spence is 30-39 years. Households in Spence are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spence work in a professional occupation.In 2021, 78.00% of the homes in Spence were owner-occupied compared with 76.90% in 2016.

Spence has 1,029 properties. Over the last 5 years, Houses in Spence have seen a 20.11% increase in median value, while Units have seen a 43.21% increase. As at 30 June 2026:

  • The median value for Houses in Spence is $839,885 while the median value for Units is $751,610.
  • Houses have a median rent of $720.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Spence on OnTheHouse. According to Cotality's data, 46 properties were sold in the past 12 months in Spence.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.