7 Lamb Avenue

Gracemere QLD 4702

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 5,056 properties. Over the last 5 years, Houses in Gracemere have seen a 90.02% increase in median value, while Units have seen a 17.64% increase. As at 31 July 2024:

• The median value for Houses in Gracemere is $499,291 while the median value for Units is $320,063.
• Houses have a median rent of $480 while Units have a median rent of $430.