Suburb Profile Report for Crace ACT (2911)

Crace House: Median price $835,750, Annual capital growth 14.61%, Number of sales 80, Weekly median advertised rent $673

Crace Unit: Median price $365,500, Annual capital growth -4.98%, Number of sales 24, Weekly median advertised rent $470

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

Source: Monthly data update for Jun 2021 as supplied by CoreLogic. Data is reported to the period ending Mar 2021. 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 4.14%. This compares badly with the 10.23% for ACT as a whole.

A 22.45% growth in median value for property investors in Crace,2911 puts this suburb at number 50th in terms of best performing suburbs in ACT

LACK OF BUYER INTEREST may well be the reason that Crace is offering property investors an average of -4.97. This rate of discount on properties puts Suburb at number 12th in terms of most discounted suburbs in ACT

Using the current median advertised rental of $672.5 and the average annual increase in value of a median property of 14.61%, investors should hope to achieve an overall return of 4.18%

If you compare the increase in value of investment property in Crace, 2911 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 2.96%.

Taking the average capital gain, or increase in median house value, Crace,2911 has racked up an average of 2.96% over the period. This ranks it number 1440th in the whole country for real estate investors looking at median house price increases.

Renters in Suburb are facing rents around $24440 per annum or $470 every week.

Metrics i HOUSE UNIT
$835,750 $365,500
2.73% 0.27%
4.14% 2.96%
14.61% -4.98%
$673 $470
80 24
4.18% 6.69%
80.8571428571429 63.4117647058824

Source: Monthly data update for Jun 2021 as supplied by CoreLogic. Data is reported to the period ending Mar 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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