The size of Gracetown is approximately 32.6 square kilometres. It has 2 parks covering nearly 91.1% of total area. The population of Gracetown in 2011 was 472 people. By 2016 the population was 221 showing a population decline of 53.2% in the area during that time. The predominant age group in Gracetown is 40-49 years. Households in Gracetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracetown work in a professional occupation. In 2011, 67.8% of the homes in Gracetown were owner-occupied compared with 65.5% in 2016.
Gracetown has 268 properties. Over the last 5 years, Houses in Gracetown have seen a 61.56% increase in median value, while Units have seen a -6.47% decrease. As at 30 September 2024:
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