Crace (ACT)

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Utilising ABS demographic updates for the wider region alongside new addresses verified by Districts since the Census, the population of the suburb of Crace is estimated to stand at approximately 4,821 as of May 2026. This represents a growth of 21 people (0.4%) from the 2021 Census, which counted 4,800 residents. The variation is calculated from the resident population of 4,821, projected by Districts after analyzing the ABS June 2025 release of estimated resident population figures and tracking new addresses since the Census. This count translates to a density of 2,921 persons per square kilometer, placing the locality in the top quartile of Australian regions analyzed by Districts. Over the last ten years, the suburb of Crace has shown steady expansion with a 2.0% compound annual growth rate, exceeding the nationwide average. Demographic expansion in the district was chiefly supported by natural increase, which accounted for roughly 59.0% of the population growth in recent times.

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The workforce in the suburb of Crace is highly qualified, with a prominent share of workers in professional services, an unemployment rate of only 1.8%, and an estimated 1.1% increase in employment over the past year, according to aggregated statistical area data from Districts. In March 2026, 2,872 local residents were employed, and the jobless rate was 2.2% below the Australian Capital Territory average of 4.1%, while participation in the labour force was exceptionally high (77.5% compared to 70.8% across the Australian Capital Territory). Census responses indicate that a modest 12.6% of workers performed their roles from home, although the influence of COVID-19 restrictions during that period should be kept in mind.

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The suburb of Crace features income levels that rank among the highest nationally, based on tax statistics for the 2023 financial year compiled by Districts. The median income for local taxpayers is $75,729 and the average stands at $86,587, compared to the Australian Capital Territory figures of $72,206 and $85,981. Factoring in Wage Price Index growth of 10.44% since the 2023 financial year, current estimates would be roughly $83,635 for the median and $95,627 for the average as of March 2026. According to the Census, household, family, and individual earnings in the suburb of Crace are all highly positioned, falling in the 95th to 96th percentiles across the country. Income breakdown shows the $1,500 - 2,999 bracket is the most common, containing 32.0% of residents ( people), mirroring the regional pattern where are in this range. Financial capability is demonstrated by the of households that receive high weekly earnings above which supports strong retail spending. High housing expenses consume of earnings, yet strong wages keep disposable income in the th percentile, and the area ranks in the th decile on the SEIFA index of economic resources.

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The mix of housing in the suburb of Crace at the last Census was composed of 69.6% separate houses and 30.4% other dwelling types (such as townhouses, apartments, or other structures), compared to 63.3% separate houses and 36.7% other dwellings in the Australian Capital Territory. The rate of outright home ownership in the suburb of Crace was below the Australian Capital Territory average at 13.9%, with the remaining properties occupied by residents with a mortgage (50.7%) or tenants (35.5%). The median monthly home loan payment in the suburb of Crace was well above the Australian Capital Territory average at $2,400, while the median weekly rent was $460, compared to regional averages of $2,080 and $450. Across Australia, mortgage payments in the suburb of Crace are notably higher than the national average of $1,863, and rents are also well above the national figure of $375.

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Families make up the majority of households at 77.3%, consisting of couples with children at 44.8%, couples without children at 24.8%, and single parents at 6.9%. Non-family households account for the remaining 22.7%, with single-person households representing 19.1% and group houses making up 3.3% of the total. The median household size of 2.8 occupants is larger than the Australian Capital Territory average of 2.5.

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Qualification levels in the suburb of Crace are substantially higher than typical benchmarks, with 52.9% of residents aged 15+ holding a tertiary degree compared to 30.4% across Australia and 46.3% in the SA3 region. This high education profile positions the community well for professional opportunities. Bachelor degrees are the most common at 28.3%, followed by postgraduate degrees (20.1%) and graduate diplomas (4.5%). Vocational training is held by 23.9% of those aged 15+, consisting of advanced diplomas (11.2%) and certificates (12.7%).

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Public transport networks include 11 active stops in the suburb of Crace, providing bus connections. These stops accommodate 43 different routes, combining to deliver 1,803 weekly passenger departures. Accessibility is good, with residents living an average of 204 meters from the nearest stop. Due to the residential character of the suburb of Crace, most workers travel out of the area, and cars remain the primary method of transport for 89% of commuters. Dwellings have an average of 1.5 motor vehicles, which is higher than the regional average. A minor share of 12.6% of residents worked from home, according to the 2021 Census, which may have been influenced by COVID-19 conditions.

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Health indicators demonstrate positive outcomes throughout the suburb of Crace, based on Districts' evaluation of mortality statistics and chronic health conditions, which reveals a low incidence of common ailments among both younger and older cohorts, alongside an exceptionally high rate of private health insurance coverage at roughly 61% of the population (2,959 people) compared to the national average of 55.7%.

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The suburb of Crace exhibits high levels of cultural diversity, with 37.7% of residents born outside Australia and 39.9% speaking a non-English language at home. Christianity is the primary religious affiliation, representing 39.1% of the population. Hinduism shows a notable concentration at 9.1% of the population, compared to 4.8% across the Australian Capital Territory.

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The median age in the suburb of Crace is 36 years, which is close to the Australian Capital Territory average of 35 years and slightly lower than the national median of 38 years. Compared to the Australian Capital Territory, the suburb of Crace has a higher share of people aged 35 - 44 (19.8%) but fewer individuals aged 55 - 64 (6.1%). This concentration of 35 - 44 year-olds is well above the national rate of 14.3%. Since the 2021 Census, the median age has risen by 1.5 years, moving from 34 to 36. The 45 to 54 cohort has increased from 11.5% to 14.6% of the population, and the 15 to group grew from to . Conversely, the to cohort fell from to , and the to age bracket decreased from to . Demographic forecasts for point to significant changes, with the to age group projected to grow the most at , adding people to reach while both the to and to age groups are expected to shrink.

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Crace currently has an estimated 342 children under 5 years old, comprising approximately 206 children aged 0-2 and 137 children aged 3-4. This cohort declined by an estimated 22% since the previous census. while population forecasts indicate future decline, with an anticipated decrease of 9% by 2041 (to approximately 311 children). Meanwhile the 5-12 cohort currently amounts to 557. Birth rates in the area have averaged 12.8 per 1,000 residents over the latest two-year period, a high rate (among the top 20% of areas assessed nationally). This rate has slowed down slightly in recent years however.