Spence Suburb ProfileAustralian Capital Territory 2615
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Spence has 1,040 properties. Over the last 5 years, Houses in Spence have seen a 34.34% increase in median value, while Units have seen a 34.20% increase. As at 30 November 2025:
- The median value for Houses in Spence is $832,986 while the median value for Units is $635,685.
- Houses have a median rent of $685.
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.
Market Insights
Spence Trends for Houses
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Spence Trends for Units
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Neighbourhood Insights
Age
Population 2587
0-9
13%
10-19
14%
20-29
10%
30-39
15%
40-49
15%
50-59
11%
60-69
10%
70-79
9%
80-89
3%
Household Structure
Occupancy
Recent Sales in SPENCE 2615
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Properties for sale in SPENCE 2615
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Last Updated: 07/12/2025
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.
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