4/79 Torrens Street, Braddon ACT 2612

4/79 Torrens Street, Braddon ACT 2612
2 bed 2 bath 2 car | 91sqm in Braddon | 90pc owner occupied | 5.5 EER This unit offers a rare configuration for Braddon-two dedicated car spaces in a 90pc owner-occupied building with mostly long term residents, which signals lower turnover and more stable common property management. The 91sqm internal area is generous for a two bedroom apartment, and the 5.5 energy rating is acceptable for a building of this era. It suits a buyer who values parking, space, and a quiet residential feel over pure yield. The main risk is the estimated value sitting around 30pc below the 2022 purchase price, meaning the vendor may have limited room to negotiate if they are holding loss. The 29pc auction clearance rate for two bedroom units in Braddon suggests a soft market, and 50 average days on market means buyers are not rushing. The property is best held as a long term owner occupied home where the configuration and building quality will hold value better than as a rental, given the modest rental yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 4/79 Torrens Street, Braddon ACT 2612
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Market Insight:

Braddon is a high-density urban precinct with a transient, rental-heavy population, driven by young professionals seeking walkability to the CBD. Recent house price trends have softened significantly, reflecting broader market adjustments, while the unit segment demonstrates relative stability. Demand is anchored in its central location and connectivity, though affordability constraints and limited house supply present headwinds for future growth.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1072mยฒ

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