SOLD
Sold on 02 Sep 2024 for $518,000

1/11 Wise Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 1024m2
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Belle Property Canberra (NSW)
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Property Details for 1/11 Wise St, Braddon

1/11 Wise St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 1024m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
100m2
Land Size
1024m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 5, Section 59, Unit 1

Last Listing description (November 2022)

A wonderful opportunity for the astute investor, this lovely ground floor apartment in a boutique development is just a stone's throw from the CBD and the hustle and bustle of the rejuvenated Braddon caf culture.

There is a well qualified tenant on a brand new 12 month lease, providing certainty of income.

The property features high levels of fixture and finish including reverse cycle air conditioning, new carpet and tiles throughout, Meile appliances and stone benches. This is one of the largest single bedroom apartments on offer in or near the CBD.

Outdoors there is a quiet north facing courtyard opening to a lovely private grassed area dominated by a century old oak tree.

Comfort and security is enhanced with restricted access entry and lock up garage with auto door, also including storage area.

Features Include:

New tenant on 12 month lease
Fantastic quiet location
Walk to Braddon, Civic or ANU
Close to light rail
Ground floor apartment
Lock up garage with auto door
Stone benches with Meile appliances
2.7m ceilings
Fresh carpets
Boutique development
Spacious 62m2 of living
North facing living and alfresco
Restricted access entry and basement

Outgoings & Property Information:

Living size: 62 sqm
Rates: TBA per annum
Land tax (if rented): TBA per annum
Rental: $450 per week
Body Corp levies: $3490.92 per annum
Year Built: 2008
EER: 1.5

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Property History for 1/11 Wise St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$518,000
02 Sep 2024
Listed for Rent
$450/w
19 Jan 2022
  • 02 Sep 2024
    Sold for $518,000
  • 02 Nov 2022
    Sold for $450,000
  • 04 Aug 2022
    Listed for Sale Offers over $475,000
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About Braddon 2612

The size of Braddon is approximately 1.5 square kilometres. It has 5 parks covering nearly 15.2% of total area. The population of Braddon in 2011 was 4,556 people. By 2016 the population was 5,507 showing a population growth of 20.9% in the area during that time. The predominant age group in Braddon is 20-29 years. Households in Braddon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braddon work in a professional occupation. In 2011, 28.8% of the homes in Braddon were owner-occupied compared with 29.2% in 2016.

Braddon has 5,966 properties. Over the last 5 years, Houses in Braddon have seen a 26.58% increase in median value, while Units have seen a 25.94% increase. As at 31 October 2024:

  • The median value for Houses in Braddon is $1,240,109 while the median value for Units is $526,227.
  • Houses have a median rent of $570 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 42 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Braddon.

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