2/3 Fawkner StreetBraddon ACT 2612
Property Details for 2/3 Fawkner St, Braddon
2/3 Fawkner St, Braddon is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1045m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (October 2019)
Located within Canberra's entertainment hub of Braddon, this property encapsulates the old cliche that you are buying a lifestyle rather than just the bricks and mortar. You are just moments away from some of Canberra's best restaurants in 86, Italian & Sons, Lazy Su and Akiba, a short walk to the Canberra Centre, across the road from the Braddon Oval and within reach to the newly opened light rail.
Stepping inside you are immediately taken aback by the layout and spacious feel that number 2 'On Q' presents. The property is on the ground level of the complex and therefore you can avoid the lift when leaving home to visit one of the many cafes or restaurants that are at your doorstep or if you have a dog they have a large courtyard to enjoy the northern sun in.
Traditionally these apartments have been great investment units with it currently rented for $490 per week. The key to these prices is its proximity to the City and the many government departments that are based there such as the Australian Tax Office and the Department of Environment. This large stable workforce and the many Braddon cafes and restaurants make this property a popular choice for tenants. All furnishings can be included within the sale - there is even cutlery in the drawers.
12 month lease signed August 2019 at $490 per week, this property is suitable for an investor.
Features:
North facing Large sunny courtyard Separate powder room for guests Furniture included Great rental return of $490 per week Fantastic location (2 minute walk to Lonsdale Street)
Property History for 2/3 Fawkner St, Braddon, ACT 2612
- 22 Oct 2019Sold for $375,000
- 27 Jul 2019Listed for Rent - Price not available
- 02 May 2019Listed for Sale Offers Above $385,000
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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.
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