OFF MARKET

29/108 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2090m2
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Property Details for 29/108 Northbourne Ave, Braddon

29/108 Northbourne Ave, Braddon is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 2090m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
1980
Land Size
2090m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 1, Section 18, Unit 29

Last Listing description (September 2014)

On track to return in excess of $8000 per annum (manager's estimate), there are few real estate investments to match this.
Managed as part of the Capital Executive Apartment Hotel in Braddon this is a no worry investment. It consists of a first floor bedsit style apartment and is fully furnished. Unlike other real estate there is nothing to do here in terms of management because it is all handled by the hotel staff.
The hotel includes a restaurant (quality Italian), conference room, gym, spa and sauna. It enjoys a high occupancy rate due partly to its city central location.

Call for details of management structure and to arrange your personal inspection.

6.0

Property History for 29/108 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$80,000
15 May 2017
  • 15 May 2017
    Sold for $80,000
  • 29 Aug 2014
    Sold for $95,000
  • 19 Jun 2014
    Listed for Sale $95,000+
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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 5,967 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 51 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 250 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.