81 Bennett Street

Lake Grace WA 6353

The size of Lake Grace is approximately 96.2 square kilometres. It has 5 parks covering nearly 1.1% of total area. The population of Lake Grace in 2011 was 496 people. By 2016 the population was 550 showing a population growth of 10.9% in the area during that time. The predominant age group in Lake Grace is 0-9 years. Households in Lake Grace are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Grace work in a trades occupation. In 2011, 53.1% of the homes in Lake Grace were owner-occupied compared with 61.1% in 2016.

Lake Grace has 465 properties. Over the last 5 years, Houses in Lake Grace have seen a 85.29% increase in median value, while Units have seen a -28.83% decrease. As at 30 September 2024:

• The median value for Houses in Lake Grace is $170,585 while the median value for Units is $114,316.