60 Ijong Street, Braddon ACT 2612
60 Ijong Street, Braddon ACT 2612
Detached house on 1,125m² | Rare large block in Braddon | 3-bed, 1-bath, 1-car | Last traded 2004 | Auction-ready inner-north holding
This property stands apart from the surrounding unit and townhouse stock that dominates Braddon’s current market. A full-sized house block of 1,125m² is genuinely uncommon in this inner-north pocket, where most recent sales have been compact strata dwellings with living areas under 130m². The combination of a detached house, three bedrooms, and a landholding of this scale offers something the local market rarely presents: the chance to secure a traditional house footprint within walking distance of the CBD, Lonsdale Street’s cafés, and light rail. For an owner-occupier seeking single-level living with outdoor space, or a buyer looking at long-term land potential, this property serves a different demand profile than the apartments and townhouses around it. The 2004 sale date suggests a tightly held holding, which often means limited turnover and genuine scarcity when it does come to market.
The value picture may hinge on the house’s condition and internal presentation, as the available information does not confirm finishes, renovations, or building age. A dated interior might still command strong interest given the land component, but the price could be tempered if significant updating is required. The single bathroom and single car space may limit appeal for families, while the large block might attract buyers considering future subdivision or redevelopment, subject to zoning and council approval. Proximity to schools and transport adds practical appeal, but the property’s ultimate price may be shaped more by what the land allows than by the house itself.
|| Comparable Sales: 26/30 Ijong Street townhouse sold $785,000; 3/48 Ijong Street townhouse sold $736,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, detached configuration, inner-north location
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Ijong Street, Braddon ACT 2612
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Braddon’s inner-north position, anchored by light rail and walkable access to the Canberra CBD, sustains a dense, urban market where renters make up 56.76% of the 5,504 residents. Demand is led by young professionals and investors chasing high-connectivity living, reflected in 247 unit sales over the past year. House prices are under pressure: median values fell 22.24% annually to $570,000 per one dataset, while another shows $657,500, down 7.98%; days on market stretch to 63–77. Units are steadier, with median prices around $565,000 and 0.89% growth, a tight 0.97% vacancy rate, and gross yields near 5.7%. Weekly house rents range $590–$645, units $580–$612. The thin house market—just 29–36 sales annually—intensifies competition, but affordability constraints and rate sensitivity cap upside; infrastructure links to employment hubs support the medium-term outlook for apartments over houses.
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PropCred Estimated Value
Comparable Sales: 26/30 Ijong Street townhouse sold $785,000; 3/48 Ijong Street townhouse sold $736,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, detached configuration, inner-north location
Bedrooms
3
Bathroom
1
Parking
1
Land
1125m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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