OFF MARKET

617/17 Dooring Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 5548m2
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Property Details for 617/17 Dooring St, Braddon

617/17 Dooring St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 5548m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2007
Floor Size
51m2
Land Size
5548m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 15, Section 7, Unit 125

Last Listing description (November 2022)

An exciting opportunity has presented itself for you to own a great apartment in a rising market. The owner of this stylish, contemporary residence has bought elsewhere and so this one must be sold!

Valonia is well known among Braddon dwellers for its quality and location, and the location is about to get even better. With the light rail stop and newly redeveloped Mantra Hotel set to cultivate a new 'urban village' right around the corner.

The current owners have also cleverly furnished the apartment with quality pieces, which can be included with the sale if desired. On one hand, this prevents the need to spend thousands of dollars on furniture if you intend on moving in. On the other, this opens the door to a very lucrative investment opportunity. With a current market rental appraisal of $460 - $480 per week, this property offers an exceptionally high yield.

The spaces have been used very well here, and the apartment is flooded with natural light, and offers views out toward Black Mountain. The kitchen features a mobile island bench, which can be locked into place and repositioned throughout the apartment to suit your needs. The main bedroom is also a very generous size, with enough room for a bed and a desk, and with ample storage.

Valonia offers a well-equipped gym and a communal barbecue area as well. There is also ample covered visitor parking for your guests.

What's on offer:
- Fully furnished apartment
- Potential income of $460-480 per week
- Large bedroom with space for a desk
- Mobile island in kitchen offers versatility
- Reverse cycle air conditioning
- Large balcony with views to Black Mountain
- Secure underground parking + visitor parking + storage

Walk to:
- New Braddon Precinct
- Canberra CBD
- ANU
- Dickson Shopping Centre
- Future Light Rail Stop

Council Rates: $1,196.00 p.a.
Land Tax: $1,516.00 p.a.
Body Corporate: $3,850.68 p.a.

EER 6.0

http://www.canberratimes.com.au/act-news/canberra-intersection-could-become-the-new-braddon-under-act-government-plans-20180301-h0wuyt.html

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Property History for 617/17 Dooring St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$337,500
17 May 2018
Listed for Rent
$540/w
30 Mar 2022
  • 21 Mar 2022
    Listed for Rent - Price not available
  • 04 May 2021
    Listed for Rent $480 / week
  • 04 Jun 2019
    Listed for Rent $460 / 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.

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