45/84 Northbourne Avenue, Braddon, ACT 2612 | Property Value & History | OnTheHouse
 
FOR SALE

45/84 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 55m2
Land area: 2151m2
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This property is currently on the market
THIS PRICE IS NOT A MISPRINT - A LONG TERM INVESTMENT OPPORTUNITY LIKE FEW OTHERS.
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Property Details for 45/84 Northbourne Ave, Braddon

45/84 Northbourne Ave, Braddon is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 2151m2 and floor size of 55m2.This Property is currently listed for sale with Ray White Canberra

Building Type
House
Year Built
1998
Floor Size
55m2
Land Size
2151m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 16, Section 19, Unit 45

Last Listing description (February 2026)

Mark Twain once wrote "I rarely saw an opportunity until it ceased to be one."

Currently under management and leased until October 18th 2033, an exciting offering is presented to long term investors seeking reliable rental returns and the potential for healthy long term capital gains.

THIS IS A TWO BEDROOM ENSUITE APARTMENT WHICH CAN BE LEASED AS A ONE BEDROOM APARTMNET AND BEDSITTER!

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 offering 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

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Property History for 45/84 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$249,950
02 Jul 1998
  • 24 Feb 2026
    Listed for Sale $399,500+
  • 05 Mar 2025
    Listed for Sale $499,000+
  • 26 Jun 2024
    Listed for Sale $520,000 - $530,000
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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 6,099 properties. Over the last 5 years, Houses in Braddon have seen a 43.21% increase in median value, while Units have seen a 16.99% increase. As at 31 January 2026:

  • The median value for Houses in Braddon is $1,143,869 while the median value for Units is $527,807.
  • Houses have a median rent of $590 while Units have a median rent of $620.
There are currently 50 properties listed for sale, and 33 properties listed for rent in Braddon on OnTheHouse. According to Cotality's data, 269 properties were sold in the past 12 months in Braddon.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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