Lake Grace Suburb Profile
Western Australia 6353

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Lake Grace has 466 properties. Over the last 5 years, Houses in Lake Grace have seen a 80.38% increase in median value, while Units have seen a -27.21% decrease. As at 31 October 2024:

  • The median value for Houses in Lake Grace is $170,117 while the median value for Units is $128,687.
There are currently 2 properties listed for sale, and no properties listed for rent in Lake grace on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Lake grace.

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.

Suburb Insights for LAKE GRACE 6353

Market Insights
Lake Grace Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lake Grace Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 550

0-9

 

16%

10-19

 

10%

20-29

 

12%

30-39

 

12%

40-49

 

13%

50-59

 

15%

60-69

 

10%

70-79

 

9%

80-89

 

4%

Household Structure
Occupancy

Last Updated: 18/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.