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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Braddon, the median property price for a house is currently 788,888 with annual capital growth of 23.02 . There were 40 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 3.06 with an average median rent of 580 weekly. Houses have seen -28.28 growth in the past quarter, and 23.02 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.
In Braddon, the median property price for a unit is currently 560,000 with annual capital growth of 2.75 . There were 222 unit sales in the past 12 months. On average, units spend 48 days on market.
If you're thinking about buying an investment property in Braddon, consider that rental yields for units are currently 5.57 with an average median rent of 600 weekly. Units have seen 0.00 growth in the past quarter, and 2.75 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 | 788,888 | 560,000 |
| Quarterly growth | -28.28 | 0.00 |
| 12-month growth | +23.02 | +2.75 |
| Average annual growth | -8.79 | +4.47 |
| Weekly median rent | 580 | 600 |
| Gross rental yield | 3.06 | 5.57 |
| Number of Sales (12m) | 40 | 222 |
| Avg. Days on Market (12m) | 72 | 48 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Braddon was 5,507 in 2016, a +20.90 change compared to 2011.
The predominant age group in Braddon is 20-29 years.
The population of Braddon was 5,507 in 2016, a +20.90 change compared to 2011.
The predominant age group in Braddon is 20-29 years.
Most of the population in Braddon were born in Australia.
Most of the population in Braddon were born in Australia.
Most of the population in Braddon report their religion as No Religion.
Most of the population in Braddon report their religion as No Religion.
Most of the population in Braddon report their income range as between 78,000 and 130,000 .
The median household income in Braddon was 1,939 in 2016, a +13.66 change compared to 2011.
Most of the population in Braddon report their income range as between 78,000 and 130,000 .
The median household income in Braddon was 1,706 in 2011, a +33.07 change compared to 2006.
Most of the population in Braddon work as Professional.
Most of the population in Braddon work as Professional.
The chart below demonstrates the various levels of education in Braddon.
The chart below demonstrates the various levels of education in Braddon.
Most of the population in Braddon reached a qualification level of Bachelor.
Most of the population in Braddon reached a qualification level of Bachelor.
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