Crace is a suburb of Canberra, Australia in the district of Gungahlin. It was named after Edward Kendall Crace an original settler in the Gungahlin area. Streets in Crace are named after parishes and land divisions from colonial times. It is bounded by the Barton Highway, Gundaroo Drive, Nudurr Drive and Gungahlin Drive. Located in the suburb is the Canberra Nature Park of Gungaderra Grasslands nature reserve. At the 2016 census, it had a population of 4,459.

Gungahlin is a district in the Australian Capital Territory, one of fastest growing regions in Australia. The district is subdivided into suburbs, sections and blocks. Gungahlin is an Aboriginal word meaning either "white man's house" or "little rocky hill".