OFF MARKET

16 Magrath Crescent
Spence ACT 2615

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 206m2
Land area: 891m2
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Property Details for 16 Magrath Cres, Spence

16 Magrath Cres, Spence is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 891m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1975
Floor Size
206m2
Land Size
891m2
Local Government
Belconnen
Lot/Plan
SPENCE: Block 2, Section 5

Last Listing description (October 2016)

Nestled in the heights of Spence nearby reserve & parklands, 16 Magrath Cres offers a spacious family haven together with a generous landholding. You'll be sure to enjoy the complete family package amongst this tranquil setting with a multitude of local amenities within arm's reach.
Spanning over 236m2 the functional design offers effortless family living. For those seeking versatility, you will be sure to delight in the multiple living spaces, which include formal & informal living & dining areas as well as an oversized rumpus room.

A unique feature, the central entertaining deck is covered by a raked-roof pergola & is accessible from both the kitchen/family room as well as the rumpus. Its feature pendant lighting & seamless indoor/outdoor flow create a warm & welcoming environment which is sure to be utilized year-round.
Central to the home, the galley-style kitchen offers a striking Tasmanian black wood finish & plenty of storage & work space. The quality appliances are sure to make cooking a breeze whilst the adjacent meals area is the perfect space for informal dining.
As impressive as the indoor space, the outdoor areas are sure to please, with established front & rear gardens & a generous backyard with plenty of room for the kids to play. Car accommodation includes both a single lock-up garage underneath the home as well as a single carport to the side with an electric roller door for added security. The thoughtful addition of a multi-purpose garden studio opens up the possibility of having an art/hobby room, a workshop or a home office.
A comfortable family-friendly proposition, this extended home is in immaculate condition & offers the complete package. For more information or to arrange your inspection please contact Andrew or Maddy.
Features:

4 bedrooms2 bathrooms & powder roomExtended & updatedSeparate living areas including lounge, dining, study & oversized rumpus roomSpacious kitchen with adjacent meals areaCentral entertaining deck with access from rumpus & family roomsRaked roof pergola to deck with extraction fanFeature pendant lighting & gas bayonetWell-sized bedrooms, 3 with built-in wardrobesSeparate laundry roomSeparate multi-purpose garden studio3-phase power to studio allowing use as workshopSingle lock-up garage underneathSingle carport to the side with electric roller doorGenerous backyardBuilt-in barbecue plumbed to natural gasEstablished front & rear gardens8 solar panels totalling 1.72kW2 x water tanksDucted gas heating (3 zones)Evaporative cooling206m2 living area891m2 block size

Property History for 16 Magrath Cres, Spence, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$617,500
08 Oct 2016
  • 08 Oct 2016
    Sold for $617,500
  • 14 Sep 2016
    Listed for Sale Not Disclosed

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About Spence 2615

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 2011 was 2,559 people. By 2016 the population was 2,585 showing a population growth of 1.0% 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 2011, 78.3% of the homes in Spence were owner-occupied compared with 76.9% in 2016.

Spence has 1,037 properties. Over the last 5 years, Houses in Spence have seen a 45.13% increase in median value, while Units have seen a 47.15% increase. As at 31 October 2024:

  • The median value for Houses in Spence is $814,383 while the median value for Units is $561,699.
  • Houses have a median rent of $588.
There are currently 1 property listed for sale, and 4 properties listed for rent in Spence on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Spence.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.