Spence at a glance
Median house
$941,000
Median unit
$316,800
Walk score
12
Very car dependent
Population
2,587
Median age 38
The brief
What to know about Spence.
The postcode for Spence is 2615 (ACT), part of Greater Canberra.
The median house price in Spence is $941,000.
Spence (2615) sits in the Cotter - Namadgi region of the ACT. The median house here is $941,000, in line with the the ACT median of around $950K.
Spence has roughly 2,587 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Day to day
What it’s like to live here.
Spence scores 12/100 on walkability, which makes it car-dependent with workable public transport options. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 9 government primary, 3 government secondary, 6 Catholic.
Who lives here
Demographics.
The 2021 Census put Spence's population at 2,587, with a median age of 38. That sits as a typical family-age mix. Households are predominantly owner-occupied (78% own, 20% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (76% family households, 21% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
2,587
Median age
38
Family households
76%
Lone person
21%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $941,000 on a typical sale, in line with the the ACT median. Units come in around $316,800, roughly 66% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $188,000. Prices are in line with the the ACT median, so the broader state lending settings apply.
Market
The price of a home here.
Median house price
$941,000
+0.0% over the past year. Median unit price $316,800.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$420/wk
Weekly rent (unit)
$375/wk
Owner occupied
78%
Renter occupied
20%
At a deeper level
$941,000
$316,800
2,587
Median age: 38
Free appraisal
What’s your home worth in Spence?
A local agent who actually sells in Spence will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Free guide · 2026 edition
Thinking of selling in Spence?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to Spence, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in Spence?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for Spence
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 2.32% (median rent $420/wk against a $941,000 price tag). Units yield 6.16% gross, often the better cash-flow play for first-time investors. Renter share is modest (20%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.32%
Based on $941,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20246.16%
Based on $316,800 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202678%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
58
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
12
100
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Spence.
Local schools for Spence
View the catchment for each school to find out more.
Government School Catchment
Evatt Primary School
Mount Rogers Primary School
Miles Franklin Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Spence.
- What is the median house price in Spence?
- The median house price in Spence, ACT 2615 is $941,000. The median unit price is $316,800.
- What is the Spence postcode?
- Spence is in the 2615 postcode, in ACT, in the Cotter - Namadgi region.
- Where is Spence?
- Spence is a suburb of Canberra, in ACT 2615. It is part of the Greater Canberra area, in the Cotter - Namadgi region.
- What is the average rent in Spence?
- The median weekly rent for houses is $420, for units it's $375.
- What schools are in Spence?
- There are 20 schools serving Spence on this page, including Evatt Primary School, Mount Rogers Primary School, Miles Franklin Primary School.
- How walkable is Spence?
- Spence has a Walk Score of 12 out of 100, highly car-dependent. transit score 100, bike score 100.
- What suburbs are near Spence?
- Spence is close to Flynn, Evatt, Melba, Fraser, Mckellar.
- What is the population of Spence?
- The population of Spence is approximately 2,587 (2021 Census). The median age is 38.
For Sale
Spence
Buying
Selling
Side by side
Compare Spence vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in Spence?
The complete selling guide, personalised to Spence: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide