Suburb Profile Report for Crace ACT (2911)

Crace House: Median price $815,000, Annual capital growth 41.30%, Number of sales 44, Weekly median advertised rent $613

Crace Unit: Median price $334,975, Annual capital growth -12.24%, Number of sales 20, Weekly median advertised rent $435

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

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

  • House Report
  • Unit Report

Over the last year, property investments in Crace, 2911 have given investors a capital gain of 10.88%. This compares very favourably with the 2.94% for ACT as a whole.

While Crace,2911 ranked number 41th in ACT for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.

At number 663 in a list of fastest selling suburbs, Crace is in the TOP 20% of suburbs in Australia with an average of days on market 54.9697 for properties listed there.

With the median price for a house in Crace being $815000 and the advertised rent reaching $612.5 the gross rental yield for property investors calculates out to be 3.91%

Investment property in Crace has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.60%

Across a shorter period, Crace, 2911 has seen a median price increase of -12.99% over the last quarter.

With the median price for a house in Crace being $334975 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 6.75%

Metrics i HOUSE UNIT
$815,000 $334,975
0.93% -12.99%
10.88% -18.60%
41.30% -12.24%
$613 $435
44 20
3.91% 6.75%
54.969696969697 87.3125

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

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