408/32 Mort Street Braddon ACT 2612

High risk of capital loss | Low rental yield for investors | 29% auction clearance signals weak demand | Premium pricing over Braddon median | Need long holding period to break even The flat unit’s -0.28% and -1.92% annual growth from comparable sales in the same building indicate that buyers paying near $749,000 are exposed to negative equity risk if the market softens further. With a 29% auction clearance rate and 50-day average selling period in Braddon, this property offers no immediate resale advantage. It should be held for a minimum of 7 to 10 years to absorb depreciation and amortize transaction costs; shorter ownership periods carry a high probability of a loss upon exit. What sets this property apart is its rare dual parking in a competitive inner-city rental market where 70% of residents rent. The Japanese-inspired design, FTTP internet, and proximity to Campbell High School create a strong leasing proposition at the $750-per-week rental estimate. This suits a buyer seeking stable cash flow with a buy-and-hold strategy, not a flipper or short-term speculator. To improve your position, request a vendor-paid depreciation schedule and negotiate a 5% price reduction to align with the building’s historical growth trend.