39 Magrath Cres, Spence is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 1089m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
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 HOMESet 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 LOCATIONPositioned 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
The size of Spence is approximately 1.5 square kilometres. It has 11 parks covering nearly 17.3% of 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 1,040 properties. Over the last 5 years, Houses in Spence have seen a 33.08% increase in median value, while Units have seen a 28.90% increase. As at 31 March 2026:
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