Suburb Profile
Are you looking to buy a home or investment property in Graceville? Your Property Hound helps home buyers and investors identify suitable properties, assess value and negotiate with confidence. This Graceville suburb profile provides practical information to help with your property search. Best wishes with your Graceville purchase!
Graceville is an established riverside suburb in Brisbane’s south-west, approximately 10km from the CBD. It is bordered by Chelmer to the north, Sherwood to the south, the Brisbane River to the north-east and west, and Oxley Creek to the east.
The suburb is predominantly residential, with Queenslander-style homes, leafy streets, parks and a strong family focus. Graceville takes its name from the railway station, which was named in 1875 after Grace Grimes, daughter of Samuel Grimes.
Graceville railway station is near the centre of the suburb on the Ipswich railway line. Together with the Brisbane River and extensive green space, it helps give Graceville a distinctly residential feel despite being relatively close to the CBD.
Graceville had a population of 4,764 in 2021, up from 4,634 in 2016, an increase of 2.8%. The predominant age group is 40–49 years, reflecting the suburb’s strong family profile.
Couples with children account for 56.9% of households, well above the Brisbane average of 44.9%. Owner occupation is also high at 76.6%, up from 74.4% in 2016.
Professional occupations are the most common. Graceville also has relatively high household incomes and education levels, with 40.4% of households earning more than $182,000 and 43.5% of residents holding a bachelor degree.
Graceville has two main local shopping precincts: Graceville Riverside Village on Graceville Avenue and Graceville Fiveways near the intersection of Oxley Road, Long Street East and Park Terrace.
Cafés, restaurants, chemists, gyms, boutique retailers and other small businesses are located along Graceville Avenue, Honour Avenue and Oxley Road. Larger supermarkets and a broader retail offering are available in nearby Sherwood and Indooroopilly.
Graceville railway station provides direct services on the Ipswich railway line to the Brisbane CBD and western suburbs. Its central location is a major advantage for commuters.
Local bus services operate along Honour Avenue, Oxley Road, Long Street East and Graceville Avenue. The main arterial roads through the suburb are Oxley Road, Graceville Avenue and Honour Avenue.
Graceville State School and Christ the King School provide primary education within the suburb. Graceville does not have a secondary school.
The nearest government secondary schools identified in the supplied sources are Corinda State High School to the south and Indooroopilly State High School to the north. Buyers seeking access to a particular school should confirm the current catchment for the specific address before purchasing.
Graceville has an extensive network of parks and sporting facilities. RP Data records eight parks covering approximately 17.7% of the suburb.
Major green spaces include Graceville Memorial Park, Faulkner Park and Simpson’s Playground. Graceville Memorial Oval is home to Western Suburbs Cricket Club and Wests Taylor Bridge Rugby Club, while the suburb also has facilities for croquet, hockey, netball and swimming.
Graceville is primarily residential rather than a major employment centre. Many residents commute to the Brisbane CBD and surrounding commercial precincts, with rail providing convenient access for city workers.
Buyer demand is generally strongest in quiet residential streets, particularly for well-presented character homes with convenient access to Graceville railway station, schools, parks and local shopping.
Character homes and renovated family properties in attractive residential streets can attract strong owner-occupier competition. River-adjacent and lower-lying locations may have lifestyle appeal, but flood exposure is an important consideration in parts of Graceville.
Properties on or near busier roads such as Oxley Road, Honour Avenue and Graceville Avenue may be affected by traffic noise. Brisbane City Council flood and overland-flow mapping should also be checked for every property before purchase.
A buyers agent in Graceville can help compare streets and properties, assess recent comparable sales and identify property-specific issues before purchase.
Your Property Hound assists home buyers and investors with property search, inspections, flood and planning checks, price analysis and negotiation.
Graceville is overwhelmingly a detached housing market. RP Data records approximately 1,586 houses, compared with just 181 units and 20 land properties.
The suburb is well known for traditional Queenslanders, character homes and post-war houses. Renovation, rebuilding and subdivision have added newer contemporary homes, although established character housing remains an important part of Graceville’s appeal.
A 405m² allotment is common in parts of Graceville, although larger blocks are also available.
The median house price in Graceville is $1,868,646 (July 2026) which is well above Brisbane’s median.
The median house price in Graceville would typically buy a five-bedroom house. For example 149 Graceville Avenue, Graceville sold for $1,800,000 in May 2026.
The median unit price in Graceville is $905,469 (July 2026)
This amount would typically buy a 3-4bedroom, townhouse.
For example, 71/316 Long Street East, Graceville, sold for $885,000 in June 2026.
Graceville has recorded strong price growth across both houses and units. The median house value reached $1,868,646 in July 2026, up 15.3% from $1,620,162 in July 2025. In July 2017, the median house value was $886,712.
The smaller unit and townhouse market has also strengthened. The median unit value reached $905,469 in July 2026, up 17.0% from $774,032 a year earlier. In July 2017, the median unit value was $422,633.
Whether you are looking for a character home, renovated family property or townhouse, a Graceville buyers agent can help assess value, identify risks and negotiate effectively.
Your Property Hound provides independent buyer representation from the initial property search through due diligence, negotiation and settlement.
Current supply-and-demand indicators point to a relatively tight market, particularly for detached houses.
Houses are taking around 42 days to sell, with stock on market at approximately 1.60%. The average vendor discount is around 5%, gross rental yield is 2.90% and the reported vacancy rate is 1.77%. Around 21% of houses are occupied by renters.
The unit and townhouse market is much smaller. Stock on market was reported at 0%, gross rental yield at 4.40%, and approximately 54% of units are occupied by renters. There was insufficient data for unit days on market, vendor discount, vacancy rate and auction clearance, so no conclusions have been drawn from these measures.
**Statistics are accurate for July 2026
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