OFF MARKET

50/40 Torrens Street
Braddon ACT 2612

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 6271m2
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Property Details for 50/40 Torrens St, Braddon

50/40 Torrens St, Braddon is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 6271m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
1995
Floor Size
115m2
Land Size
6271m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 24, Section 22, Unit 50

Last Listing description (January 2024)

The ultimate cosmopolitan lifestyle situated in the Braddon precinct. Local shops, blue ribbon restaurants all in close proximity without the hefty price tag of a new development. With the new light rail just a short stroll from Northbourne Avenue making it a convenience location to live!

This unique floor plan is a top floor three bedroom split level apartment with a spiral staircase that leads you to the third optional study loft/bedroom. The master bedroom offers built in robes, a two way bathroom and a balcony which overlooks the complex grounds.

Features Include:

Intercom system
As new carpets throughout
Dishwasher
Reverse cycle heating and cooling
Large bathroom with corner bath
Complex car park

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Consent is required to keep an animal

Available from 31st January 2024!
Consent is required to keep an animal.
This property is compliant with the minimum insulation standards.

Property History for 50/40 Torrens St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$538,800
02 Jul 2018
Listed for Rent
$740/w
05 Jan 2024
  • 03 Jan 2024
    Listed for Rent $740 / week
  • 15 Nov 2021
    Listed for Rent $710 / week
  • 23 Nov 2020
    Listed for Rent $640 / 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 5,966 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.

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.