607/74-76 Northbourne Avenue, Braddon ACT 2612

607/74-76 Northbourne Avenue, Braddon ACT 2612
Sixth floor with outlook | 2 bed, 2 bath, 1 car | Braddon heart near light rail | Pool and secure building This unit presents a competitively strong inner-city position, combining a two-bedroom, two-bathroom configuration with a sixth-floor aspect offering elevated northern views. Its location directly on Northbourne Avenue places it moments from the city centre, light rail, and Braddon’s amenities, serving the buyer seeking a low-maintenance lifestyle with premium connectivity. The inclusion of secure parking, a terrace-balcony, and building facilities like a pool aligns it with professional and investor profiles who value convenience and rental appeal. The decision hinges on the building’s varied sale outcomes, which introduce pricing ambiguity against the suburb median. Your position requires accepting the risk of resale compression within the complex, offset by the unit’s superior floor plan and outlook relative to recent sales. The commercial logic favours a long-term hold to capitalise on Braddon’s established rental demand and infrastructure, making it a sound purchase at or below its estimated value. Recent sales in the same building provide critical context: – 202/74-76 (2 bed, 2 bath, 1 car): $467,000 – 809/74-76 (1 bed, 1 bath, 1 car): $330,000 – 824/74-76 (1 bed, 1 bath, 1 car): $460,000 The wide price range for one-bedroom units and the lower sale for an identical two-bedroom configuration suggest individual aspects and levels significantly influence value. This unit’s sixth-floor outlook and balcony likely command a premium over the $467,000 comparable, supporting its listing guidance.

Independent, Unbiased Research from  our PropCred Analyst team 

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.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.03 acres

Built

Recent Assessments