OFF MARKET

55/11 Fawkner Street
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 5226m2
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Property Details for 55/11 Fawkner St, Braddon

55/11 Fawkner St, Braddon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 5226m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1996
Floor Size
84m2
Land Size
5226m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 27, Section 22, Unit 55

Last Listing description (February 2016)

If you?re keen to invest in a property that gives you a good annual return and is hassle free then you?ve found it right here in the popular suburb of Braddon!
This well-designed 2 storey unit is a DHA leased property which offers a guaranteed rental income with fixed annual rent increases, comprehensive and professional property management as well as generous restoration provisions at lease-end. No vacancies, no late rent, which means . no hassles!
Currently rented at $450 a week with a lease which expires January 2017.

There is a combined lounge/ dining area that not only adjoins the kitchen but also opens out onto a large balcony with elevated views towards the mountains. For the added convenience of family and guests there's also a 3rd toilet and powder room on the same level.
Upstairs are 2 good-sized bedrooms with an ensuite off the main bedroom and a balcony that again offers privacy and elevated views.
The home has reverse cycle air conditioning in the living area, one vehicle secure parking downstairs as well access to other facilities within the complex including a BBQ area and swimming pool.
If you're looking for a secure, long-term investment that truly is 'hassle-free' then this DHA property could well be your answer.
FEATURES:
large open living area downstairs
2 bedrooms with ensuite in main
3rd toilet and powder room
reverse cycle air conditioning in living area
under stairs storage
secure basement parking for 1 vehicle
set amongst landscaped gardens with sparkling pool & covered outdoor area
located only a few minutes walk from the city
Land tax - $675.00 per year

Property History for 55/11 Fawkner St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$425,000
03 Nov 2015
  • 03 Nov 2015
    Sold for $425,000
  • 17 Oct 2014
    Listed for Sale $449,000
  • 04 Jul 2012
    Listed for Sale $459,950
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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 39 properties listed for sale, and 43 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 252 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.