Graceville

POSTAL CODE: QLD, 4075
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A steady increase in median property prices over a five-year period in the suburb translates to a 3.35% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,390,000

The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $800.

Home owners selling their properties and realtors in GRACEVILLE usually have to wait an average of 41.5 days days before their assets are lifted off the market.

The QLD suburb ranks 603rd on the list of best yielding suburbs for rental properties in QLD, posting a 2.99% return.

It also places places 845th in Australia based on median property value growth during the quarter.

Surburb overview

Graceville, located approximately 7.8 kilometres south-west of Brisbane's central business district, is a predominantly residential suburb bordered by the Brisbane River to the northeast and west and Oxley Creek to the east. 

According to the 2021 census, Graceville has 4,764 residents, with a median age of 37. The suburb is characterised by a high proportion of households, with 57% being couple families with children. The area predominantly features separate houses, reflecting its residential nature. 

Public transportation in Graceville is well-developed. The Ipswich line's Graceville railway station provides residents convenient access to Brisbane CBD and surrounding areas. Additionally, bus services operate throughout the suburb, enhancing local connectivity. 

The suburb offers a range of essential establishments, including educational institutions such as Graceville State School and Christ the King School, which cater to primary education needs. Residents can access boutique cafes, restaurants, and shops along Honour Avenue and Oxley Road. 

Several parks and green spaces in Graceville support recreational activities. Notable parks include Graceville Memorial Park, Simpson's Playground, and Faulkner Park, which provide facilities for sports, picnics, and children's play areas. The suburb's proximity to the Brisbane River also offers opportunities for riverside walks and other outdoor activities. 

Graceville's combination of convenient city access, family-friendly amenities, and green spaces contributes to its appeal as a residential suburb in Brisbane.

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