OFF MARKET

23/38-40 Torrens Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 6271m2
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Property Details for 23/38-40 Torrens St, Braddon

23/38-40 Torrens St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 6271m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1995
Land Size
6271m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 24, Section 22, Unit 23

Last Listing description (October 2023)

So close to everything yet so quiet. This one bedroom ground floor apartment has a due north aspect overlooking internal gardens featuring winding bricked paved pathways, elevated court yard area and children's play facilities.
A combined lounge- dining area is dappled in northern sun and flows onto the balcony adding to the amenity.
A well-appointed kitchen features excellent bench and cupboard space and electrical appliances and dishwasher.

The bathroom, WC and laundry all in one room with a washing machine, dryer tucked behind bifold doors.
Direct access leads into security garaging underneath
Wonderfully positioned to take advantage and enjoy the majority of Canberra's premier attractions. Bus stops, shops, Tram, Shopping, restaurants, recreation facilities, workplace and ANU University are either right on your doorstep or an easy commute away.
An intelligent, simple design with very little wasted space.
Great for a first home buyer or investor currently returning $420.00 per week on a month to month basis.

Highlights
Ground floor north facing 1-bedroom apartment
Combined lounge- dining open onto tiled courtyard area overlooking the gardens.
Airconditioning and Heating
Well-appointed kitchen with electric hotplates, under bench oven, pantry and dishwasher
Intercom security access
Built-in robe off the master
Tiled balcony off the lounge and master bedroom
Combined bathroom, WC and laundry
Direct access to single security parking under
Solar panels for communal power
Landscaped garden setting with children's play area
Walk to Civic and Braddon entertainment precinct.
Currently rented on a month to month basis at $420.00 per week

Age 28 years
Size 63m2 Balcony 19m2
Car park 13m2
ERR 5.5*
Body corporate $491 pq
Sinking fund $160 pq
Rates: $511 pq
Land tax (if rented): $602 pq

Property History for 23/38-40 Torrens St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$408,800
15 Sep 2023
Listed for Rent
$400/w
29 May 2020
  • 15 Sep 2023
    Sold for $408,800
  • 23 Aug 2023
    Listed for Sale Offers Over $420,000
  • 29 May 2020
    Listed for Rent $400 / week
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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 5,968 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 48 properties listed for sale, and 36 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Braddon.

Suburb Insights for Braddon 2612

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.