Graceville suburb profile

Brisbane Suburbs

Brisbane is a big city. There are a number of suburbs that are well known, such as Fortitude Valley and Ascot. However, what about the lesser known suburbs. When we research a suburb, we look into a variety of different metrics. Some of them include wealth of the suburbs and its composition. There is a reason, for example Sunnybank is more popular with the Chinese population. Below series of metrics are released to show some of the aspects we use in analysing a suburb when purchasing property.

You are reading Graceville ancestry profile

Graceville suburb profile: This suburb has 49% males and 51% female population. A total number of 4,629 people have reported this suburb as their main place of residence. This could include renters, home owners and boarders. This doesn’t necessarily mean that all those people own property in the suburb. We also consider this suburb to be in the Brisbane (C) area, or in vicinity of thereof. Meaning that if it is indicated as Being in Brisbane it could generally mean it is in Brisbane City Council, or it could mean that it is sufficiently close to Brisbane City Council for us to classify it as such.

Graceville has a high percentage of people from English background. In fact a total of 1,853 have reported to have one or two parents of English background. Thereafter, the next most common ancestry reported is Australian, with a total of 1,642 people reporting to have one or two parents from Australian background. Further, the third most common ancestry reported in Graceville is Irish with a reported number of 779 residents reporting parents from this background.

Finally, the forth and fifth most reported ancestries are Scottish and German reporting respectively 667 and 304. You can obtain further details by heading to HTML: https://securedatapower.com/blog/2019/02/16/interactive-suburb-profile/.

For example, below graph depicts the ancestries reported in this subrub:

Graceville ancestry profile. Graceville top 10 ancestries.
Graceville ancestry profile. Graceville top 10 ancestries.

Income and wealth profile for

From the wealth perspective can be considered a exceptionally high income level suburb. While the majority of people in this suburb earn in vicinity of $2,000-$2,999. That is not to say, that all people have to be in that income bracket. For example, we estimate that roughly 22.08% of people in this suburb earn above average income. In other words, we estimate that to be over $3,000 Total Personal Income (Weekly).

At the same time, 14.79% of people in this suburb earn the bottom range of income. To clarify, we estimate that to be in surrounds of $1,000-$1,249 of Total Personal Income (Weekly).

For example, below graph would show the distribution of income in the area:

Graceville income distribution and wealth.
Graceville income distribution and wealth.

Generally speaking, the income composition of this suburb could mean that this suburb has a chance of very high capital gains in medium to long term. This is however is not a blanket statement and each property needs to be analysed. Property investors are cautioned to perform appropriate due diligence and analyse the type, location and suitability of their property of choice To request further information, you can head to https://securedatapower.com/blog/2019/01/02/general-contact-form/

Below table will show the top most reported ancestry backgrounds in Graceville

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English1853
Australian1642
Irish779
Scottish667
German304
Chinese167
Italian121
Dutch80
Indian70
South African64
Polish57
New Zealander50
Vietnamese43
Welsh41
Greek32
Hungarian28
French25
Russian25
Sri Lankan23
Korean22
Spanish22
Filipino12
Lebanese8
Maori8
Serbian7
Turkish6
Maltese4
Croatian0
Macedonian0

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