Lake Grace
WA, 6353
Thinking about buying in Lake Grace? Now could not be a better time, with just 493 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $348,000 with prices in this suburb ranging from $116,000 to $845,000. The aproximate distance to the coast is 150 Km.
Household Makeup
| Median Weekly Rent | $183.00 |
| Median Monthly Mortgage | $1062.50 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.50 |
| Average Age | 37.00 |
| Average Income | $954.50 |
| Average Cars Per Dwelling | 1.77 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 1 Bed $345,000 |
| 2 Bed $116,000 |
| 3 Bed $306,000 |
| 4 Bed $515,000 |
| 5 Bed $345,000 |
Lake Grace Real Estate Market Outlook
In Lake Grace there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lake Grace due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Lake Grace leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Lake Grace to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Houses for sale Lake Grace
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7 MORRISON AV, LAKE GRACE, WA, 6353 |  3 |
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Local Schools
Lake Grace District High School
(While the above schools are located with the suburb of Lake Grace there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Grace weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.5 | 15.5 | 31.8 | 24.0 | 80.9 | 5.0 | 27.5 |
| Feb | 0.7 | 15.8 | 30.8 | 28.4 | 82.2 | 4.8 | 23.9 |
| Mar | 0.5 | 15.0 | 28.4 | 32.2 | 83 | 4.3 | 19.9 |
| Apr | 0.5 | 12.4 | 24.9 | 35.5 | 86.2 | 3.5 | 15.5 |
| May | 1.0 | 8.2 | 19.8 | 43.0 | 88.8 | 3.3 | 11.8 |
| Jun | 1.1 | 6.8 | 17.2 | 54.5 | 93.4 | 3.5 | 10.1 |
| Jul | 1.5 | 5.8 | 15.6 | 57.4 | 95.1 | 3.6 | 10.1 |
| Aug | 1.3 | 5.8 | 17.0 | 49.8 | 93.6 | 3.6 | 12.7 |
| Sept | 0.9 | 6.7 | 19.2 | 43.1 | 92.4 | 4.0 | 17.5 |
| Oct | 0.8 | 9.6 | 24.1 | 29.5 | 86.6 | 4.2 | 22.9 |
| Nov | 0.8 | 12.4 | 27.6 | 24.1 | 82.7 | 4.7 | 27.8 |
| Dec | 0.5 | 13.6 | 30.0 | 22.8 | 81.4 | 4.7 | 28.7 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Buniche - Greater then 10KM
Lake Grace - Less than 5 KM
Tarin Rock - Greater then 10KM
Kuender - Greater then 10KM
Kukerin - Greater then 10KM
General Points of Interest
Lake Grace Golf Course - Less than 10 KM
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