Spencer, NSW 2775
Spencer property market
Spencer sees very little activity — the figures here cover a small handful of recent deals, with 15 sales at around $655k as of July 2026, taking about 181 days to sell, one of the country's least in-demand house markets.
House rentals come a distant second, with 4 leases at $650 a week, renting out in about 15 days.
Who lives hereA low-income, owner-dominated, older-leaning suburb, with a strong trades and blue-collar workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Spencer demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Spencer?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Spencer
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Spencer
Incomes, employment, and the occupation mix of the people who live here.
Household and personal income sit close together — lots of single-earner or lone-person homes.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Spencer
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Spencer
No school inside Spencer itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- No schools within 5 km — widen the radius.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Spencer median house price & rent
Headline price, rent, yield and time on market for Spencer — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Spencer property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Spencer
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Spencer against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Spencer in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Spencer — Units & Houses, all bedrooms
Spencer median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Spencer rose from $481k (Jul 2021) to $501k (Jun 2026) — +4.1% growth over five years — peaking at $557k between Jun 2025 and May 2026. Median house rent went from $311/wk to $474/wk (+52.4%) over the same period.
Suburbs near Spencer: prices compared
The nearest suburbs to Spencer, ranked by distance — each lined up against Spencer on the same measures, so the differences jump out at a glance.
Suburbs like Spencer
Suburbs anywhere in NSW that behave like Spencer — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Spencer vs Broadwater: the closest sales-market match trades at a median of $471k against Spencer's $674k — about 30% lower, with homes selling in 127 days versus 213 days here.
Comparable sales markets to Spencer: Broadwater average house price, Gunning house prices, Candelo property market, Ulmarra property market and Barham property growth.
Frequently asked · Spencer
24 data-driven answers about Spencer's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Spencer?
#The median house price in Spencer, NSW 2775 is $674k as of June 2026, based on 3 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
How much does it cost to rent in Spencer?
#The median weekly house rent in Spencer is $430 as of June 2026, drawn from a very small number of recent leases. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Spencer?
#A 3 bedroom house in Spencer rents for a median $430 per week as of June 2026, drawn from a very small number of recent leases. Across other house sizes: 2-bedroom $430/week, 4-bedroom $430/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Spencer?
#Gross rental yield in Spencer is 3.24% for houses as of June 2026, compared with the NSW unit median of 2.56%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Spencer?
#As of June 2026, Spencer medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $674k | $674k | — | $674k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Spencer's property market trends?
#Spencer's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 213 days — slower than a year ago by 213; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Spencer market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Spencer as an investment?
#As of June 2026 in Spencer, house prices rose +50.0% over the year, gross rental yield is 3.24% against a NSW median of 2.00%, houses take a median 213 days to sell, sales supply is 1.1 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Spencer?
#Houses in Spencer sell in a median 213 days on market as of June 2026. Days on market have lengthened by 213 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Spencer a tight or loose property market right now?
#Spencer's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Spencer gone up or down?
#House prices in Spencer moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Spencer?
#Spencer's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 1 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Spencer in its property market cycle?
#Spencer's house market is currently in the 'softer_weakening' phase as of June 2026 — combining low sales velocity (bottom quartile nationally) with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Spencer compare to other NSW suburbs?
#Spencer's median house price ($674k) is 23% below the NSW median ($879k) as of June 2026. On selling speed, houses clear in 213 days vs 23 days state median. On gross yield, Spencer sits at 3.24% vs 2.00% state median.
How does Spencer compare to neighbouring suburbs?
#Spencer's most-similar nearby market is Broadwater (410.0 km away) with a median house price of $471k — about 30% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Spencer?
#The most-transacted segment in Spencer over the 12 months to June 2026 is 2 bed houses with 4 sales. 3 bed houses come second at 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Spencer last year?
#Spencer recorded 4 house sales and 0 unit sales over the 12 months to June 2026 — a combined 4 transactions. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Spencer in?
#Spencer is in postcode 2775, in the Central Coast region of NSW. Addresses there are written as Spencer, NSW 2775.
What is the population of Spencer?
#Spencer, NSW 2775 is home to 205 residents (ABS Census 2021). The median resident age is 27, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Spencer?
#The median household in Spencer earns $465 per week — roughly $24k a year (ABS Census 2021). Median personal income runs $390/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Spencer?
#The unemployment rate in Spencer is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Spencer?
#Spencer is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Spencer?
#Spencer has 30 schools within reach — including Maroota Public School, Brooklyn Public School, Wisemans Ferry Public School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Spencer a good place to live?
#Spencer, NSW 2775 has a population of 205, a median age of 27, a median household income around $465/week, 50% of households renting (ABS Census 2021). There are 30 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Spencer market data last updated?
#This Spencer market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.