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Sold on 01 Nov 2024 for $565,000

29/16 Wakefield Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 11800m2
Sold By
HOME.BYHOLLY
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Property Details for 29/16 Wakefield Ave, Braddon

29/16 Wakefield Ave, Braddon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 11800m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
83m2
Land Size
11800m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 15, Section 7, Unit 1

Last Listing description (November 2024)

#soldbyholly $565,000

This exacting, two-bedroom apartment enjoys a wonderful open connection to a sun-drenched and expansive walled courtyard garden. Serenely private yet well connected to the vibing Braddon precinct, whisper close to the CBD, the home is a sanctum of light and privacy. There is a generosity of space, a study nook and an excellent floorplan that privatises both bedrooms.

The beautiful open interior is graced by light and characterised by a material palette of crisp whites, light timber, stone and notes of soft latte. This organic combo speaks to the city meets bush ethos of the area, as parklands and bush reserve sit side by side an inventive and fast paced, ever-changing city scene.

The building itself wears an air of grace, as smooth rendered walls and elongated balconies rise from old growth conifers. no.29 is housed on the ground floor of the elegant Valonia development which offers a communal barbecue area and fully equipped gymnasium.

The home is a short walk from Canberra's most popular and happening pockets, with a vibrant collection of sought after bars, restaurants and caf?s. It is also a few steps from Haig Park and the walking and biking trails of Mt Ainslie. The city centre is within easy reach and it is not far to the ANU, CIT, private and public schools and transport ? including the new metro city station, connecting you to the whole of Canberra.

We love the use of organic stone in the kitchen and the lovely open sociability from the kitchen bench, as the eye is drawn beyond the dining, living to the beautifully planted courtyard. The galley style perfectly designed to double down on ease and efficiency, with banks of storage to house everything. When the doors are open the room interacts with the sunshine and the greenery, making it feel like one enormous space. It is easy to imagine spilling to the paved alfresco arena, perfect for restorative peace, celebrating alfresco with family and friends.

Two lovely bedrooms, both with integrated robes, occupy the southern wing. The master bedroom drifts to a private ensuite bathroom and there is also a family bathroom. Both bathrooms are light and bright affairs, with floor-to-ceiling tiling in soft whites and recessed basins on concordant, elegant vanities.

Step outside and you are greeted by all the creative energy of Braddon by day or night?great coffee, food, drinks, exercise, community. By the way, it is a few steps to the tram, and easy stroll to the CBD and there is a surrounding of tranquil green spaces, for restorative nature bathing, creative contemplation.

features.
.gorgeous two bedroom apartment in coveted Braddon
.perfect north-eastern orientation
.housed within the elegant Valonia development
.open plan living spilling to a generous and private courtyard
.two bedrooms, both with built in robes
.master bedroom with ensuite
.family bathroom
.modern kitchen with stone benches and stainless steel appliances
.study nook
.reverse cycle heating and cooling
.single car accommodation with storage
.fully equipped gymnasium and outdoor barbecue area
.easy stroll to the Braddon precinct
.close to Dickson and Ainslie Village
.close to public transport and the City Centre
.very short walk to the nearest light rail stop

FINE DETAILS (all approximate):

EER: 6.0
Built: 2007
Zoning: RZ3

Living size: 86 m2
Courtyard: 56 m2
Total: 142 m2

UV: $88,200 (2024)

Rates: $1,881.51 pa
Land tax: $2,088.28 pa (investors only)

Admin: $1,020.83 pq
Sinking: $1,155.00 pq
Total: $2,175.83 pq

170 units in complex
Rental opinion: $630 - $680 p/wk

Property History for 29/16 Wakefield Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$565,000
01 Nov 2024
Listed for Rent
$500/w
27 Jan 2016
  • 01 Nov 2024
    Sold for $565,000
  • 12 Sep 2024
    Listed for Sale $565,000
  • 10 Aug 2017
    Sold for $470,000
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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 5,969 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.

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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.