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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Gracemere has 241 houses available for sale. The median property price for a house is currently 460,000 with annual capital growth of 22.67 . There were 432 house sales in the past 12 months. On average, houses spend 8 days on market.

If you're thinking about buying an investment property in Gracemere, consider that rental yields for houses are currently 5.62 with an average median rent of 490 weekly. Houses have seen 9.52 growth in the past quarter, and 22.67 growth in the past 12 months.

The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years.

Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.

Gracemere has 6 units available for sale. There were 7 unit sales in the past 12 months.

If you're thinking about buying an investment property in Gracemere, consider that rental yields for units are currently 7.47 with an average median rent of 435 weekly.

The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years.

Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.

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Key Market Data House Unit
Median price 460,000 300,000
Quarterly growth +9.52
12-month growth +22.67
Average annual growth +12.09
Weekly median rent 490 435
Gross rental yield 5.62 7.47
Number of Sales (12m) 432 7
Avg. Days on Market (12m) 8
Jump to Market Trends
Key Demographics 2011 2016
Total population 8,400 11,317
Population change (5y) +48.25 +34.70
Median household income (p/w) 1,506 1,425
Household income change (5y) +43.29 -5.38
Median age of persons 30 30
Jump to Demographics Trends
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