The size of South Lake Grace is approximately 397.6 square kilometres. It has 1 park covering nearly 17% of total area. The population of South Lake Grace in 2011 was 227 people. By 2016 the population was 12 showing a population decline of 94.7% in the area during that time. The predominant age group in South Lake Grace is 20-29 years. Households in South Lake Grace are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in South Lake Grace work in a managers occupation. In 2011, 86.6% of the homes in South Lake Grace were owner-occupied compared with 58.3% in 2016..
South Lake Grace has 61 properties. Over the last 5 years, Units in South Lake Grace have seen a 642.24% increase in median value. As at 31 October 2024:
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