Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Gracemere, QLD 4702
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$675,000
market range $650K-$725K
Median Unit
$620,000
list-price estimate
Gross Yield (houses)
4.4%
1yr Growth (houses)
+18.6%
market range +15.0% to +22.5%
Investment snapshot for Gracemere
Gracemere has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Gracemere verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Gracemere - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Gracemere market and investor summary
In Gracemere, QLD 4702, the median house sells for around $675K, on a gross rental yield of 4.4% for houses. House prices have moved +18.6% over the past year and +78.8% over three years. At 1.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking.
Living in Gracemere: people, income and schools
Gracemere is home to around 12,023 people, and the area has been growing steadily, up about 6% over five years. At a median age of 32, it reads as broadly working-age, and families account for 78% of households.
The typical household income runs to around $89,000 a year (about $1,710 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 7.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.
Families have 3 schools within roughly 5km to choose from, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 11 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 12,023
- +6% over 5yr
- Median age
- 32 years
- Median household income
- $89,000/yr
- Households renting
- 39%
- Family households
- 78%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 911
- Unemployment
- 3.7%
- Walk score
- 11/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Gracemere
No properties currently listed in Gracemere
Search Gracemere listings →Frequently asked questions about Gracemere
What should I check before investing in Gracemere?
Gracemere has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +18.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Gracemere?
The median property price in Gracemere, QLD 4702 is $675K for houses.
What rental yield does Gracemere show?
The gross rental yield in Gracemere is 4.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Gracemere?
House prices in Gracemere are up 18.6% over the past year and up 78.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Gracemere?
The current vacancy rate in Gracemere is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Gracemere?
Gracemere has a population of approximately 12,023 residents, with a median age of 32.
What schools are near Gracemere?
There are 3 schools within roughly 5km of Gracemere. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Gracemere affordable to buy in?
A median house in Gracemere costs about 7.6 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Gracemere's population growing?
The population of Gracemere has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API