54/28 Mort Street, Braddon ACT 2612
54/28 Mort Street, Braddon ACT 2612
North facing sixth floor | 76sqm plus balcony | study zone | Braddon fringe
The north aspect on level six gives this unit natural light and a quieter position above street noise, which is rare in Braddonโs newer stock. The 76 square metre floorplan with a separate study offers genuine separation for working from home, a configuration that typically commands a premium over open-plan boxes. Built in 2013, the property avoids the build quality concerns of older conversions while still having a solid energy rating. This unit suits a professional couple or single buyer who values space and light over prestige address, and who wants to hold for the medium term.
The main risk is the lack of a second bathroom, which limits appeal to families and may slow resale. The lot size is irrelevant for a strata unit, and the 2011 purchase date means no recent price floor to benchmark against. The opportunity lies in Braddonโs ongoing densification and the rental yield potential near $590 per week, which covers holding costs comfortably. Buy this as a long-term hold with a view to refinancing after three years once equity builds.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.