OFF MARKET

703/53 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 2090m2
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Last updated 11 Nov 2024
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Property Details for 703/53 Mort St, Braddon

703/53 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 2090m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2015
Floor Size
74m2
Land Size
2090m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 2, Section 18, Unit 127

Last Listing description (April 2021)

An ideal first home or investment on offer in the well maintained IQ Smart Apartments. Located in the heart of Braddon and within an easy stroll of Canberra's CBD, Braddon's best bars, restaurants and boutiques. With a view that sets this home apart, the apartment consists of a formal entry, bedroom size study, master bedroom with access to the balcony, open plan meals, kitchen and lounge. The kitchen has stone benches, stainless steel appliances and good storage. Bathroom and separate full size laundry are tiled and in excellent condition.

Currently tenanted on a periodic tenancy at $495 per week
Car space and basement storage cage

Great views that will not be built out
Large balcony space for entertaining
Bedroom size study
Approximate Gross Return of 5.14%
Council rates $1,751pa (approx.), $2,126pa (approx.), Body Corporate $918pq (approx.)

In accordance with government recommendations, if you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled recently, we ask that you be respectful of the well-being of others and not attend the open home or auction.

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Property History for 703/53 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$495,000
14 Apr 2021
Listed for Rent
$495/w
12 Mar 2020
  • 14 Apr 2021
    Sold for $495,000
  • 18 Mar 2021
    Listed for Sale $485,000
  • 28 Feb 2020
    Listed for Rent $495 / 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 46 properties listed for sale, and 38 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Braddon.

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