Auction Location: LJ Hooker Canberra City Office at 6:00pm
FIND.
LOVE.
With a flat, easy-to-build allotment and Variation 343 permitting dual occupancy (subject to ACTPLA approval), the possibilities are endless. Builders, developers and savvy investors will appreciate the opportunity to maximise the site's potential, while families can design and build a home perfectly suited to their lifestyle. Blocks of this size in established suburbs are few and far between, making this an opportunity not to be missed.
LIVE.
Enjoy the convenience of an established neighbourhood with local shops, schools, parks and public transport all within easy reach. Spence offers a peaceful community atmosphere while remaining well connected to Belconnen Town Centre and the Canberra CBD, making it an ideal location to build for today and invest in tomorrow.
ABOUT THE AREA
Local Transport:
Local bus services
Easy access to Belconnen Town Centre
Convenient connection to Canberra CBD
Shopping & Dining:
Spence Shops
Hawker Shopping Centre
Belconnen Town Centre
Westfield Belconnen
Schools:
Spence Primary School
Melba Copland Secondary School
St Francis Xavier College
WHY YOU'LL LOVE IT:
Rare 824sqm (approx.) vacant block
Flat allotment ready to build on
Variation 343 permitting dual occupancy (subject to ACTPLA approval)
Endless potential to build your dream home or an investment project
Established suburb close to shops, schools, parks and transport
A rare opportunity to secure land of this size in a tightly held location
OVERVIEW:
Vacant flat block
Approx. 824sqm land size
Variation 343 permitting dual occupancy (subject to ACTPLA approval)
Ideal for builders, developers or those looking to build their dream home
Easy access to local amenities, schools and public transport
Rates: $3,562p.a approx.
Land Tax: $6,788p.a approx.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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 17.72% increase in median value, while Units have seen a 14.87% increase. As at 31 July 2026:
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