OFF MARKET

54 Magrath Crescent
Spence ACT 2615

Bedrooms: 6
Bathrooms: 4
Car spaces: 6
Floor area: 376m2
Land area: 1362m2
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Property Details for 54 Magrath Cres, Spence

54 Magrath Cres, Spence is a 6 bedroom, 4 bathroom House with 6 parking spaces and was built in 1976. The property has a land size of 1362m2 and floor size of 376m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1976
Floor Size
376m2
Land Size
1362m2
Local Government
Belconnen
Lot/Plan
SPENCE: Block 4, Section 12

Last Listing description (August 2016)

The internal space and multi-function uses are so vast at this remarkable Spence property that they really have to be seen to be truly appreciated. Perfect for a wide scope of domestic applications, from multi-generation families to parents hosting university students or even professionals needing work-at-home consultations rooms; this is a rare opportunity to gather everything under one roof and still have room to move.
Situated on the high side of the street, offering an elevated position in one of Spence s best locations, this expansive residence with stunning views sited on a large parcel of land is a must see - Don t expect to see another home like this for many years to come.
You ll be spoiled for choice at the dual entrances and forgiven for not knowing where to start. Upstairs is the more traditional floor plan, consisting of a large entrance foyer, formal living, formal dining and a family room that connects well to the kitchen making the kitchen the hub of the home with ample cupboard space and views over the large rear landscaped yard.

All bedrooms are spacious with the main bedroom offering an updated ensuite and a large parents retreat, a second bedroom is over-sized and includes a walk-in robe whilst the bathroom has been tastefully renovated with floor to ceiling tiles and is modern in style. A large covered balcony to the rear promotes entertaining with friends and family on a grand or small scale.
Stepping down the internal stairs or exiting and using the separate outside entrance, you ll find the lower floor plan is where your imagination really ignites with a self-contained flat, several multipurpose rooms, an office and dry storage rooms. The separately metered two bedroom flat has its own bathroom and private double gate access with carport which is sure to be popular for astute investors or multi-generational families.
Outside, too, you ll find the features are equally large. With a block size of 1362m2 there s plenty of room children s outdoor activities, further extensions and family gatherings. Car accommodation is abundant with three garages under and a double tandem carport with its own driveway.
Add the sweeping views and it s clear why the current owners have been settled in this much-loved home for so many years. Offered for sale for the first time, it s a property that will absolutely sparkle with some restyling and attention to detail.
- Four bedroom ensuite residence on large block
- Two bedroom separately metered self contained flat
- Heating and cooling
- Three car garage under with automatic doors
- Double tandem carport to side of property with automatic door plus additional single carport to other side of property
- All new guttering and down pipes
- Double glazed windows to some sections of property

Property History for 54 Magrath Cres, Spence, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$790,000
13 Jan 2016
  • 13 Jan 2016
    Sold for $790,000
  • 07 Oct 2015
    Listed for Sale $790,000+

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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.