All About Lake Grace, WA, 6353
Lake Grace, a small town in Western Australia, offers a unique blend of rural living and community warmth, making the housing market there quite distinctive. The town's real estate market typically features a mix of modest, single-family homes and larger properties, reflective of its agricultural backdrop. Housing prices in Lake Grace are generally more affordable than in larger urban centers, appealing to those seeking a quieter lifestyle or a place to retire. With a relatively stable market, properties do not experience the rapid price fluctuations seen in more volatile urban markets. This stability, combined with the charm of rural living, attracts buyers who appreciate the slower pace of life and the sense of community that small towns like Lake Grace tend to offer.
Living in Lake Grace provides residents with a tight-knit community atmosphere and a scenic natural environment. The town is surrounded by broad stretches of farmland and natural attractions, making it ideal for outdoor enthusiasts who enjoy activities such as hiking, bird watching, and exploring nearby salt lakes, including Lake Grace itself. The town boasts essential amenities such as schools, a healthcare center, and local shops, ensuring residents have access to necessary services while enjoying the tranquility away from the hustle and bustle of city life. With a calendar of local events and community gatherings, Lake Grace fosters a strong sense of belonging and neighborliness, making it an inviting place for families and individuals seeking a peaceful yet connected lifestyle.
Household Makeup
| Median Weekly Rent | $183.00 |
| Median Monthly Mortgage | $1062.50 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $345,000 |
| Typical 2 bed house | $116,000 |
| Typical 3 bed house | $306,000 |
| Typical 4 bed house | $515,000 |
| Typical 5 bed house | $345,000 |
Housing Stock
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Lake Grace Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses for sale Lake Grace
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6 Wright Place, 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
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
Nearby Suburbs
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