Lake Grace Suburb ProfileWestern Australia 6353
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Lake Grace has 466 properties. Over the last 5 years, Houses in Lake Grace have seen a 81.85% increase in median value, while Units have seen a -2.30% decrease. As at 30 November 2025:
- The median value for Houses in Lake Grace is $238,326 while the median value for Units is $227,375.
The size of Lake Grace is approximately 96.2 square kilometres. It has 5 parks covering nearly 1.1% of total area. The population of Lake Grace in 2016 was 548 people. By 2021 the population was 523 showing a population decline of 4.6% in the area during that time. The predominant age group in Lake Grace is 0-9 years. Households in Lake Grace are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Grace work in a managers occupation.In 2021, 63.20% of the homes in Lake Grace were owner-occupied compared with 61.10% in 2016.
Market Insights
Lake Grace Trends for Houses
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Lake Grace Trends for Units
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Neighbourhood Insights
Age
Population 523
0-9
16%
10-19
10%
20-29
13%
30-39
15%
40-49
11%
50-59
9%
60-69
11%
70-79
9%
80-89
5%
90-99
1%
Household Structure
Occupancy
Recent Sales in LAKE GRACE 6353
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Last Updated: 26/12/2025
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