Crace vs Gungahlin
Property investment comparison - Crace, ACT 2911 vs Gungahlin, ACT 2912
Head-to-head across core investment metrics: Crace wins 3, Gungahlin wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Crace | Gungahlin |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $435K | $430K |
| Gross rental yield (houses) | - | 3.71% |
| Gross rental yield (units) | 6.62% | 6.50% |
| 1-year house growth | -2.3% | +6.5% |
| 3-year house growth | +29.2% | +15.6% |
| Vacancy rate | 1.4% | 1.4% |
| Population | 4,800 | 8,586 |
Crace vs Gungahlin: what the numbers say
The median house price is $1.1M in Crace and $1.1M in Gungahlin, so Gungahlin is the cheaper entry point, with Crace houses about 3% dearer.
For units, Crace sits at a median of $435K against $430K in Gungahlin, which makes Gungahlin the more affordable unit market and Crace the pricier one.
Over the past year house prices moved -2.3% in Crace and +6.5% in Gungahlin, so recent momentum favours Gungahlin, while Crace went backwards.
Looking back three years, Crace houses are +29.2% and Gungahlin houses +15.6%, so Crace has compounded faster than Gungahlin over the longer window.
Rental vacancy is 1.4% in Crace and 1.4% in Gungahlin, so landlords in Crace face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Gungahlin is the bigger suburb, with a population of 8,586 against 4,800, larger than Crace; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gungahlin for a lower purchase price, Gungahlin for recent price momentum, Crace for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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