506/53 Mort Street, Braddon ACT 2612
506/53 Mort Street, Braddon ACT 2612
2 bedrooms, 1 bathroom, 1 parking space. Located on the 5th floor of a modern Braddon complex, this apartment offers sweeping views over Haig Park. The unit is a standard 2-bedroom configuration, representing a common entry point in this active, lifestyle-focused suburb.
This apartment is competitively positioned within Braddon’s market as a well-located, mid-tier unit that captures the suburb’s appeal for urban living. Its defining strength is the direct park outlook, a feature that is relatively rare and adds a premium for those seeking light, space, and a connection to green surroundings. The 2-bedroom, 1-bathroom layout is a popular size for young professionals and investors, offering a lower entry point than larger units in the same building. The apartment’s modern character and immediate access to parks and walking paths serve buyers looking for convenience and lifestyle in a central, active suburb.
The property’s value may be influenced by its configuration, as a single bathroom can be a constraint for some buyers, potentially narrowing the pool of interest compared to units with two bathrooms. The floor level, while offering views, may also mean exposure to street noise or building services, which should be considered. The building’s overall land size is large, but the individual unit’s value is tied to its internal condition and the quality of common areas. Rental demand appears stable, with comparable units showing reasonable yields, suggesting the property could appeal to an investor, though the price point must reflect its smaller footprint relative to larger units in the same complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 506/53 Mort Street, Braddon ACT 2612
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
1
Parking
1
Land
2089m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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