SOLD
Sold on 03 Oct 2023 for $712,000

8/7 Wise Street
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 78m2
Land area: 1959m2
Sold By
Nick Purnell
PURNELL
Sam Werry
PURNELL
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Property Details for 8/7 Wise St, Braddon

8/7 Wise St, Braddon is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 1959m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
78m2
Land Size
1959m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 12, Section 58, Unit 8

Last Listing description (October 2023)

Located across the road from the Henty Street oval and therefore a short walk to the bustling Lonsdale Street, this spacious two-bedroom property is positioned close to the amenity and hospitality venues yet far enough away to not be affected by their noise. To get to the entertainment precinct is a short walk through beautiful Haig Park and is also therefore walking distance to the CBD, ANU and the Canberra Centre.

Residing on the second floor and in a stairwell that shares only three neighbours, this generously sized unit is both private and flooded with natural light. The property is well laid out and being an older style has light on two sides to allow for all day sunlight. It presents beautifully and being a two-bedroom, two bathroom and two car space property has a wide array of buyers who it will suit.

This is a unique property and totalling 78m2 internally plus 6m2 of balcony space, this generously sized apartment is sure to not last long in the Inner North market that is performing strongly at present.

In summary:
Top floor private apartment
Northerly facing
Walk to Braddon, ANU, CBD and the Canberra Centre
Two spacious bedrooms
Two bathrooms
Two car spaces
Main bathroom has a bathtub
Reverse-cycle heating and cooling

Figure summary (all approximate):
78m2 internally + 6m2 of balcony
Body corporate: $1077.69 p.q.
General rates: $622.37 p.q.
Land tax (if let): $618.99 p.q.
Water and sewage: $185 p.q.

Property History for 8/7 Wise St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$712,000
03 Oct 2023
Listed for Rent
29 Aug 2023
  • 03 Oct 2023
    Sold for $712,000
  • 15 Sep 2023
    Listed for Sale $699,000+
  • 16 Jun 2023
    Listed for Rent $630 / 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 6,027 properties. Over the last 5 years, Houses in Braddon have seen a 0.11% increase in median value, while Units have seen a 28.08% increase. As at 31 August 2024:

  • The median value for Houses in Braddon is $1,285,134 while the median value for Units is $521,498.
  • Houses have a median rent of $570 while Units have a median rent of $590.
There are currently 47 properties listed for sale, and 49 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 243 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.