302/74 Northbourne Avenue, Braddon, ACT 2612 | Property Value & History | OnTheHouse
OFF MARKET

302/74 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Details for 302/74 Northbourne Ave, Braddon

302/74 Northbourne Ave, Braddon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a floor size of 80m2.

Building Type
Unit
Year Built
1994
Floor Size
80m2
Local Government
Canberra Central

Last Listing description (July 2021)

Apartments in the Adina Apartment Complex are keenly sought after due to their very convenient location in the heart of bustling Canberra City.

The apartment has been meticulously cared for by the present owners and would be ideal for persons wishing to downsize from their existing home into a very central location, investors, or first home buyers wanting to live and work in the city.

Open plan living is a feature of the kitchen, dining and main living area, with superb views towards Mount Ainslie. A large balcony comes off the living area, which is ideal for entertaining family and friends or just relaxing after a hard day at the office.

Both bedrooms are a good size and feature mirror doors to the built-in wardrobes, the master boasts an ensuite bathroom with large spa bath.

The entry lobby on the ground floor has a very friendly and courteous 24 hour concierge service. The heated swimming pool sits on the first floor together with gym, sauna and barbecue facilities. In the basement you have a conveniently placed allocated car space and a lift that services all floors including the lobby.

Enjoy all the city has to offer including great restaurants, night life, fabulous shopping and the Australian National University only a short stroll away.
Situated right on the edge of the CBD, Adina is home to both private residences and serviced apartments. These are still held by private investors, but managed through Adina, and it's one of these that has just become available. Being professionally managed as a serviced apartment, you can buy with confidence, and what you're getting here is a superbly positioned property with a reliable rental demand and high return. Keep it as an investment or move in and enjoy all the benefits this apartment has to offer.

Features Include:
* 2 bedroom, 2 bathroom apartment
* Private balcony with views of Mount Ainslie
* Pool, sauna, gym and BBQ facilities in complex
* Under license to Adina Serviced Apartments (3 month termination notice)
* Sought-after CBD location amongst restaurants, bars and cafes
* Mirrored built-in robes in bedrooms
* Spa bath in ensuite
* Fully furnished
* Two split system A/C
* European laundry
* Security and access control system

Statistics
Living area: 85m2
Balcony: 10m2
Carspace 13m2
Total 108m2

* Body corporate: $1,050 per quarter
* Rates: $418 per quarter
* Land Tax (if rented) $500 per quarter
* Rental return with Adina $1,875 per month / pre covid $2,300 per month
* Private rental appraisal $520-$550 per week

Property History for 302/74 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
  • 12 May 2021
    Listed for Sale $465,000
  • 14 Jul 2020
    Listed for Sale $450,000+
  • 03 Jun 2015
    Listed for Sale $459,000
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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 6,092 properties. Over the last 5 years, Houses in Braddon have seen a 17.03% increase in median value, while Units have seen a 17.21% increase. As at 31 December 2025:

  • The median value for Houses in Braddon is $1,124,479 while the median value for Units is $527,471.
  • Houses have a median rent of $590 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 36 properties listed for rent in Braddon on OnTheHouse. According to Cotality's data, 271 properties were sold in the past 12 months in Braddon.

Suburb Insights for Braddon 2612

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Cotality Copyright and Legal Disclaimers about Property Data
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.