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Median values are calculated based on data over a 12 month period.

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Market Report

Braddon has 48 houses available for sale. The median property price for a house is currently 975,000 with annual capital growth of 33.86 . There were 35 house sales in the past 12 months. On average, houses spend 72 days on market.

If you're thinking about buying an investment property in Braddon, consider that rental yields for houses are currently 3.08 with an average median rent of 570 weekly. Houses have seen 14.71 growth in the past quarter, and 33.86 growth in the past 12 months.

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 227 units available for sale. The median property price for a unit is currently 555,750 with annual capital growth of 2.92 . There were 217 unit sales in the past 12 months. On average, units spend 47 days on market.

If you're thinking about buying an investment property in Braddon, consider that rental yields for units are currently 5.56 with an average median rent of 600 weekly. Units have seen 0.91 growth in the past quarter, and 2.92 growth in the past 12 months.

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.

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Key Market Data House Unit
Median price 975,000 555,750
Quarterly growth +14.71 +0.91
12-month growth +33.86 +2.92
Average annual growth -5.57 +5.02
Weekly median rent 570 600
Gross rental yield 3.08 5.56
Number of Sales (12m) 35 217
Avg. Days on Market (12m) 72 47
Jump to Market Trends
Key Demographics 2011 2016
Total population 4,556 5,507
Population change (5y) +27.44 +20.90
Median household income (p/w) 1,706 1,939
Household income change (5y) +33.07 +13.66
Median age of persons 28 29
Jump to Demographics Trends
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