45/84 Northbourne Avenue, Braddon, ACT 2612 | House for sale | OnTheHouse
FOR SALE
$450,000+

45/84 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 2151m2
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THIS PRICE IS NOT A MISPRINT - A LONG TERM INVESTMENT OPPORTUNITY LIKE FEW OTHERS.

Currently under management and leased until October 18th 2033, an exciting offering is presented to the long term investors seeking reliable rental returns and the potential for healthy long term capital gains.
If you have an eye for the future and appreciate that property investment is always best when adopting a long term view, this versatile and furnished fourth floor two bedroom/one bedroom studio floor plan is an noffering like few others.
The current lease is achieving a 4.24% net yield @ $22,067.20 per annum ($1,838.93 per month).
While currently ensuring a secure investment until October 2033, being embraced by morning sun and occupying the prized north east corner of the Mantra Apartments building, an enviable cosmopolitan lifestyle can be enjoyed afterwards, facilitating a desirable "lock and leave lifestyle" in the following years with potential for short stay rental opportunities.
Imagine a future where you could spend your mornings at one of the numerous nearby cafes or eateries; take leisurely strolls into the city to either work or play: or take full advantage of the vibrant nightlife entertainment of the neighbourhood, this lifestyle offered, commands broad appeal.
Rather than spending time looking for change for parking meters, why not enjoy a change to casual walks to places to meet friends and family?
Single security parking space

Property Details for 45/84 Northbourne Ave, Braddon

45/84 Northbourne Ave, Braddon is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 2151m2 and floor size of 80m2. The place is currently for sale with Ray White Canberra.

Building Type
House
Floor Size
80m2
Land Size
2151m2
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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 2016 was 5500 people. By 2021 the population was 6383 showing a population growth of 16.0% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Braddon work in a professional occupation.In 2021, 38.10% of the homes in Braddon were owner-occupied compared with 29.20% in 2016.

Braddon has 6,089 properties. Over the last 5 years, Houses in Braddon have seen a 21.82% increase in median value, while Units have seen a 24.11% increase. As at 31 October 2025:

  • The median value for Houses in Braddon is $1,268,237 while the median value for Units is $539,625.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 39 properties listed for rent in Braddon on OnTheHouse. According to Cotality's data, 274 properties were sold in the past 12 months in Braddon.

Suburb Insights for Braddon 2612

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Peter Walker
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Ray White Canberra
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.