Crace

Population growth drivers in Crace are above average based on AreaSearch's ranking of recent, and medium to long-term trends

Crace's population is approximately 4,768 as of November 2025. This figure represents a decrease of 32 individuals, or 0.7%, since the 2021 Census which reported a population of 4,800. The change is inferred from the estimated resident population of 4,779 in June 2024 and address validation since the Census date. This results in a population density ratio of 2,889 persons per square kilometer, placing Crace in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Crace has shown resilient growth patterns with a compound annual growth rate of 4.5%, outperforming its SA3 area. Natural growth contributed approximately 58.6% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, age group growth rates from the ACT Government's SA2 area projections are used, also based on 2022. Population projections indicate lower quartile growth for Australian statistical areas, with Crace expected to expand by 194 persons to 2041, reflecting a total gain of 4.3% over the 17 years.

Residential dwelling approval activity has been practically non-existent in Crace

Crace has seen few dwelling approvals in recent years. Between FY-21 and FY-25, only 3 homes were approved, with none so far in FY-26.

The area's population decline has maintained adequate housing supply relative to demand, resulting in a balanced market with good buyer choice. New homes are being built at an average construction cost of $401,000, indicating a focus on the premium segment. Compared to the Australian Capital Territory, Crace has less development activity. This scarcity can strengthen demand and prices for existing properties. The area's level is below the national average, suggesting its established nature and potential planning limitations. All new construction in Crace has been detached houses, preserving its suburban character and attracting space-seeking buyers. Developers are constructing more detached housing than previously indicated (70.0% at Census), reflecting strong demand for family homes.

Crace has limited levels of nearby infrastructure activity, ranking in the 11thth percentile nationally

No infrastructure changes or major projects have been identified by AreaSearch that could impact the area. Key projects include Gungahlin College East (Nicholls), Kaleen Local Centre Enhancements, Kenny New Suburb Development, and Kaleen Primary School Facility Upgrades.

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AreaSearch analysis reveals Crace significantly outperforming the majority of regions assessed nationwide

Crace has an educated workforce with professional services well-represented. The unemployment rate is 2.1%, lower than the Australian Capital Territory's (ACT) 3.6%.

Employment stability has been maintained over the past year. As of September 2025, 2,848 residents are employed, with an unemployment rate of 1.4% below the ACT's rate. Workforce participation is high at 77.2%, compared to the ACT's 69.6%.

Leading employment industries include public administration & safety, professional & technical services, and health care & social assistance. Health care & social assistance employs 10.1% of residents, slightly lower than the regional average of 11.7%. Employment opportunities locally may be limited due to the predominantly residential nature of Crace. Between September 2024 and September 2025, employment levels increased by 0.4%, labour force grew by 1.0%, causing unemployment to rise by 0.6 percentage points. In comparison, the ACT recorded employment growth of 1.4% and a decrease in unemployment by 0.2 percentage points. As of 25-November-25, ACT employment grew by 1.19% year-on-year, with an unemployment rate of 4.5%, compared to the national rate of 4.3%. National employment forecasts from May-25 project a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Crace's employment mix suggests local employment should increase by approximately 6.5% over five years and 13.2% over ten years, assuming constant population projections for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

The median income of taxpayers in Crace SA2 was $75,729 in financial year 2022. The average income stood at $86,587 during the same period. In comparison, the Australian Capital Territory's median and average incomes were $68,678 and $83,634 respectively. By September 2025, estimates suggest that Crace SA2's median income would be approximately $86,028 and the average income around $98,363, factoring in a 13.6% growth since financial year 2022. According to the 2021 Census, incomes in Crace rank highly nationally, between the 95th and 96th percentiles for households, families, and individuals. The income bracket of $1,500 - $2,999 captures 32.0% of the community (1,525 individuals), aligning with broader regional trends where 34.3% fall into this category. Notably, 46.8% earn above $3,000 weekly, indicating prosperity that stimulates local economic activity. High housing costs consume 15.8% of income, yet strong earnings place disposable income at the 94th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

Crace displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

The latest Census data shows that in Crace, 69.6% of dwellings were houses, with the remaining 30.4% being semi-detached homes, apartments, and other types. In comparison, across the Australian Capital Territory (ACT), 66.3% of dwellings were houses. Home ownership in Crace was at 13.9%, with mortgaged dwellings making up 50.7% and rented ones 35.5%. The median monthly mortgage repayment in Crace was $2,400, higher than the ACT average of $2,123. The median weekly rent in Crace was recorded at $460, slightly above the ACT figure of $462. Nationally, Crace's median monthly mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Crace features high concentrations of family households, with a lower-than-average median household size

Family households constitute 77.3% of all households, including 44.8% couples with children, 24.8% couples without children, and 6.9% single parent families. Non-family households comprise the remaining 22.7%, with lone person households at 19.1% and group households making up 3.3%. The median household size is 2.8 people, which is smaller than the Australian Capital Territory average of 2.9.

Crace shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Crace is notably high, with 52.9% of residents aged 15+ holding university qualifications, compared to the national average of 30.4% and the SA3 area average of 46.3%. Bachelor degrees are the most common at 28.3%, followed by postgraduate qualifications at 20.1% and graduate diplomas at 4.5%. Vocational pathways account for 23.9% of qualifications among those aged 15+, with advanced diplomas at 11.2% and certificates at 12.7%. Educational participation is also high, with 34.0% of residents currently enrolled in formal education.

This includes 11.9% in primary education, 7.4% in tertiary education, and 6.2% pursuing secondary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis indicates 11 active public transit stops operating within Crace. These stops serve a mix of bus routes, with two individual routes in total providing 526 weekly passenger trips. Transport accessibility is rated as good, with residents located an average of 204 meters from the nearest stop.

Service frequency averages 75 trips per day across all routes, equating to approximately 47 weekly trips per individual stop.

Crace's residents boast exceedingly positive health performance metrics with both young and old age cohorts seeing low prevalence of common health conditions

Health outcomes data shows excellent results across Crace, with both younger and older age groups experiencing low prevalence of common health conditions. The rate of private health cover is notably high at approximately 63% of the total population (3018 people), compared to 58.6% in the Australian Capital Territory and a national average of 55.3%. The most prevalent medical conditions are asthma and mental health issues, affecting 7.5 and 5.7% of residents respectively, while 78.3% report being completely free from medical ailments, compared to 76.4% in the Australian Capital Territory.

Crace has a higher proportion of seniors aged 65 and over at 10.1% (482 people), compared to 8.3% in the Australian Capital Territory. Health outcomes among seniors are above average but require more attention than those seen in the broader population.

Crace is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Crace has a high level of cultural diversity, with 37.7% of its population born overseas and 39.9% speaking a language other than English at home. Christianity is the predominant religion in Crace, accounting for 39.1% of its population. Hinduism is notably overrepresented in Crace compared to the Australian Capital Territory, comprising 9.1% versus 9.5%.

The top three ancestry groups in Crace are Australian (19.6%), English (18.2%), and Other (15.4%). There are also significant differences in the representation of certain ethnic groups: Croatian is overrepresented at 1.5% compared to the regional average of 1.3%, Indian is overrepresented at 7.1% versus 6.4%, and Serbian is overrepresented at 0.7% versus 0.4%.

Crace hosts a young demographic, positioning it in the bottom quartile nationwide

Crace has a median age of 35, matching the Australian Capital Territory figure but slightly below Australia's 38 years. Compared to the Australian Capital Territory, Crace has a higher percentage of residents aged 35-44 (20.9%) but fewer residents aged 55-64 (6.1%). This 35-44 concentration is notably higher than the national figure of 14.2%. Between the 2021 Census and the present, Crace's residents have aged by an average of 1.1 years, with the median age rising from 34 to 35. Specifically, the 15-24 age group has increased from 9.4% to 11.8%, while the 45-54 cohort has risen from 11.5% to 13.7%. Conversely, the 25-34 cohort has decreased from 18.0% to 15.0%, and the 0-4 age group has dropped from 9.1% to 7.7%. By 2041, Crace's age profile is projected to change significantly. The 45-54 age cohort is expected to grow by 147 people (23%), increasing from 653 to 801. However, population declines are projected for the 0-4 and 35-44 cohorts.