Suburb Profile Report for Crace ACT (2911)

Crace House: Median price $805,000, Annual capital growth 35.78%, Number of sales 44, Weekly median advertised rent $685

Crace Unit: Median price $320,000, Annual capital growth -13.34%, Number of sales 21, Weekly median advertised rent $470

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Crace, 2911 should be pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.56%

Comparing Crace,2911 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Often selling an investment property can take time, and in Crace the average time real estate has been on the market is 63.303 days.

Advertised rents are around the $685 mark per week – giving a return of 4.42% based on the median price in Suburb

ACT has seen average median house prices change by 0.87% which means that Crace, 2911 has done well for property investors by showing a capital gain of -22.89% over the last year

Comparing Crace,2911 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Crace 2911 should be seeing an average reduction in asking price of around -3.18% . This means that Crace is holding prices well when compared to other suburbs in ACT.

Advertised rents are around the $470 mark per week – giving a return of 7.64% based on the median price in Suburb

Metrics i HOUSE UNIT
$805,000 $320,000
-1.23% -13.51%
8.56% -22.89%
35.78% -13.34%
$685 $470
44 21
4.42% 7.64%
63.3030303030303 90.8125

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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