Is Gracemere a nice place to live?

Gracemere is a rural town near Rockhampton where paddocks meet suburban streets, with tree-lined roads, low-rise commercial strips and a mix of acreage blocks and residential estates. Gracemere is a young community; couples with children make up 43.1% of families. Local shops, sporting fields, community clubs and schools cover day-to-day needs, while larger retail, health and government services are accessed in nearby Rockhampton. The town also sits on the alignment of the Rockhampton Ring Road, where early-works have been completed.

Is it expensive to live in Gracemere?

Buying a house in Gracemere works out to about 7.7 times a typical local annual household income. The median house price is $688,000 and a typical local household earned about $1,711 a week at the most recent Census. A house rent of about $550 a week would take roughly 32% of that weekly household income. On these figures, buying sits well above local incomes while renting would take a sizeable share of a typical local household's income. If you're renting rather than buying, that rent share is the figure that matters most when judging how stretched housing costs would feel. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Gracemere a good place to invest?

House values in Gracemere climbed 21.6% in the past 12 months while house rents rose a solid 5.8%. On these figures, house capital growth outpaced rental income, with values moving by a much larger margin than rents. Unit rents increased 6.7%. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Gracemere suburb profile

Gracemere is a rural town in Central Queensland, a short drive from Rockhampton. It sits among open grazing country where paddocks and suburban streets meet, giving the town a roomy, country-on-the-edge character. Tree-lined streets and low-rise commercial strips set a relaxed tone.

Housing ranges from acreage and lifestyle blocks to established brick homes and newer residential estates edging into the rural fringe. Local shops, sporting fields, community clubs and schools cover day-to-day needs, while larger retail, health and government services are accessed in nearby Rockhampton.

Gracemere property market performance

Current median dwelling price$944,000Past 3 months

Property growth+16.6%Past 12 months

Gracemere's median house price is $688,000, up 21.6% over 12 months, a strong rise. It's primarily a house market; there is no reliable median for units because too few units have sold recently to publish one.

In Gracemere, house rents rose 5.8% over 12 months, a solid rise, and house values ran ahead of rents.

	Houses	Units
Median price Past 3 months	$688K	N/A
Change in value Past 12 months	21.6%	N/A
Sold Past 3 months	58	2
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$550	$480
Change in rent Past 12 months	5.8%	6.7%

5 year median price trend for houses and units

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Gracemere demographics

Gracemere is a young community.

Couples with children make up 43.1% of families, and 40.1% of homes are rented. At the 2021 Census, 12,023 people lived in Gracemere.

Gracemere and Queensland

	Suburb	QLD
Median age years	32	38
Median household income weekly	$1,711	$1,675
Couples with children share of families	43.1%	41.2%
Couples without children share of families	33.3%	40.3%
One-parent families share of families	22.2%	16.8%
Homes owned outright share of homes	23.1%	30.1%
Homes with a mortgage share of homes	36.8%	35.6%
Homes rented share of homes	40.1%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Gracemere infrastructure, key developments and investment opportunities

Gracemere sits on the alignment of the Rockhampton Ring Road, where early-works contracts were awarded in 2023 and early-works elements including the Lion Creek Bridge were completed in 2025; the ring road design includes a new dual-carriageway bridge over the Fitzroy River. Gracemere State School was allocated around $500,000 for a Prep/Kindy playground in 2023, and separate school transport upgrades at the school were completed in 2026, including 13 new car-park spaces and speed bumps.

A duplication of the Capricorn Highway between Rockhampton and Gracemere was completed in 2021. The Central Queensland Livestock Exchange (the Gracemere saleyards) commenced a multimillion-dollar upgrade in 2019.

Suburbs near Gracemere

Some popular suburbs near Gracemere include:

How does Gracemere compare to nearby suburbs?

Median house prices: Gracemere’s median house price is 13.7% higher than Allenstown’s.
House price growth: Over the past 12 months, house prices in Gracemere have grown 0.4% higher than in West Rockhampton.
Unit price growth: Property prices in nearby Allenstown have risen 1.5% more than in Gracemere over the past year.
Selling speed for houses: Properties in Gracemere are selling 14.3% faster than in West Rockhampton.

Common questions about Gracemere

Is Gracemere a nice place to live?
Gracemere is a rural town near Rockhampton where paddocks meet suburban streets, with tree-lined roads, low-rise commercial strips and a mix of acreage blocks and residential estates.

Gracemere is a young community; couples with children make up 43.1% of families. Local shops, sporting fields, community clubs and schools cover day-to-day needs, while larger retail, health and government services are accessed in nearby Rockhampton. The town also sits on the alignment of the Rockhampton Ring Road, where early-works have been completed.
Is it expensive to live in Gracemere?
Buying a house in Gracemere works out to about 7.7 times a typical local annual household income. The median house price is $688,000 and a typical local household earned about $1,711 a week at the most recent Census. A house rent of about $550 a week would take roughly 32% of that weekly household income.

On these figures, buying sits well above local incomes while renting would take a sizeable share of a typical local household's income. If you're renting rather than buying, that rent share is the figure that matters most when judging how stretched housing costs would feel.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Gracemere a good place to invest?
House values in Gracemere climbed 21.6% in the past 12 months while house rents rose a solid 5.8%. On these figures, house capital growth outpaced rental income, with values moving by a much larger margin than rents. Unit rents increased 6.7%.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Gracemere

There are 69 real estate agents in Gracemere, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 26.6% of all sales in the past year.

Commission rates in Gracemere typically range from 2.75% to 3.13%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.