Braddon is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2612). With a population of 6,383, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $117K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Braddon is $1.7 million, having surged 56% over the past year. Units have a median price of $570,000 (+4.2% YoY). The median weekly rent is $495 (Census 2021). This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,803.
Braddon is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Unincorporated ACT LGA is higher than average at 9,807 incidents per 100,000 population.
From an investment perspective, Braddon offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($1.7M/$1.0M), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +56.0% year-on-year.
Braddon is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2612). With a population of 6,383, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $117K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Braddon is $1.7 million, having surged 56% over the past year. Units have a median price of $570,000 (+4.2% YoY). The median weekly rent is $495 (Census 2021). This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,803.
Braddon is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 27 bus stops. The crime rate in the Unincorporated ACT LGA is higher than average at 9,807 incidents per 100,000 population.
From an investment perspective, Braddon offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($1.7M/$1.0M), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +56.0% year-on-year.