61 Magrath Crescent
Spence, 2615 ACT
1975 house on a 1,057 m² block with 23m frontage.
Property Snapshot
1975House4 Bed2 Bath1 Off Street1,057 m² Land130 m² Internal23m Frontage
Investment Highlights
What makes 61 Magrath Crescent compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
1,057 m²
Frontage
23m
Zoning
RZ1
Residential - Low Density
Why Buyers Look At This One
Rare add-value profile — 1975 house on a 1,057 m² block and a 23m frontage.
Renovate upside — modest 130 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 63m to bus, 7km to train station and 1.6km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
1 off-street
Internal Area
130 m²
Ownership & Value
Last Sold$1.00M
Sold DateFeb 2026
Land Value—
RPD—
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
4 Bed Median
$990k
Growth Since 2026
—
Price Estimate
$854kLow
$1.00M
$1.2MHigh
VeryHigh Confidence
—
Since last sold — $1,005,000 — February 2026
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$765
4 Bed Yield
4.0%
Vacancy
1.6%
Rentals Last 12M
2
Suburb 4 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 61 Magrath Crescent.
Train Station
7km
Bus Stop
63m
Schools
1.6km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
10.2%Train Station
7kmBus Stop
63mCentre Zone
412mRoad Type
residential (Low Noise)School Catchment
1.6kmSpence Snapshot
Broader suburb metrics that support the local story.
Population
2,587
Owner Occupiers
78%
Social Housing
10.2%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Spence in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
