Suburb Profile Report for Crace ACT (2911)

Crace House: Median price $780,000, Annual capital growth 25.14%, Number of sales 49, Weekly median advertised rent $680

Crace Unit: Median price $335,000, Annual capital growth -7.18%, Number of sales 18, Weekly median advertised rent $490

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 1829th in the list of Australian suburbs ordered by increase in median house value over the last year, Crace, 2911 is in the top half with a property value increase of 0.00% recorded in median house prices.

If we look at median property appreciation over just the last three months, Crace has given property investors a paper return of -2.80%. This puts Suburb as 80 on a list of fastest fasting appreciating suburbs in ACT

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Crace, 2911. Typically our figures indicate that -3.28% is being offered, which puts this ACT suburb at 2921th most discounted overall in Australia.

The ACT suburb of Crace, 2911 is in the Unincorporated ACT local government area.

Property investors who have had real estate in Crace, 2911 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.46%

While Crace,2911 ranked number 7th in ACT for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.

Sellers are offering property buyers an average discount of -2.77% to buyers in Crace at the moment, which is less than average for the rest of ACT.

At number 1048 in a list of fastest selling suburbs, Crace is in the bottom 30% of suburbs in Australia with an average of days on market 99.2857 for properties listed there.

Situated 8.66km from the CBD, Crace is one of Unincorporated ACT localities in the postcode 2911.

Metrics i HOUSE UNIT
$780,000 $335,000
-2.80% 6.35%
0.00% -9.46%
25.14% -7.18%
$680 $490
49 18
4.53% 7.61%
78.1162790697675 99.2857142857143

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 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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