At number 3057th in the list of Australian suburbs ordered by increase in median house value over the last year, Crace, 2911 is in the BOTTOM 40% with a property value increase of -2.56% recorded in median house prices.
Crace,2911 has offered an average of -2.56% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.85% to buyers in Crace at the moment, which is less than average for the rest of ACT.
Renters in Suburb are facing rents around $31200 per annum or $600 every week.
Giving property investors a a poor capital gain of -8.92% for the last year, Crace, 2911 is the 1361th highest performer in Australia in this respect.
While Crace,2911 ranked number 58th in ACT for increase in median house value (annualised) increase, it is ranked 33th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Crace is offering property investors an average of -3.82. This rate of discount on properties puts Suburb at number 22th in terms of most discounted suburbs in ACT
At number 658 in a list of fastest selling suburbs, Crace is just in the top half of suburbs in Australia with an average of days on market 64.36 for properties listed there.