55 Stowport Avenue,
Crace ACT 2911

About Crace

With an average age of 32, households expect an average monthly mortgage payment of $1,800 or a weekly rent payment of $420. The average family earns a weekly income of $2,250 with a typical household size of 2.3 and a 96.0% employment rate.

Consistent high demand relative to supply is a key feature in Crace driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Crace ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Crace classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Crace requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

EPIC and Racecourse Gungahlin Place Mapleton Avenue Manning Clark North Nullarbor Avenue Phillip Avenue Dickson Interchange Swinden Street Well Station Drive Sandford Street

General Points of Interest

Canberra Centre (Monaro Mall Gold Creek Station Animals in War Memorial ANU Medical School Taglietti House 03 Mckeown House Circling into sleep - Military working dogs Memorial Burbidge Amphitheatre Ian Potter National Conservatory Lookout Poem of the Unknown National Capital Exhibition

Population

(Country of Birth not stated 1%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• Evatt Primary School

  Evatt, ACT, 2617 Independent K-6

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• Gold Creek School

  Nicholls, ACT, 2913 Independent K-10

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• St Michael's Primary School

  Kaleen, ACT, 2617 Independent K-6

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• Palmerston District Primary School

  Palmerston, ACT, 2913 Independent K-6

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• Holy Spirit Primary School

  Nicholls, ACT, 2913 Independent K-6

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• Burgmann Anglican School

  Gungahlin, ACT, 2912 Independent K-12

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• Giralang Primary School

  Giralang, ACT, 2617 Independent K-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website