G16/43 Currong Street N, Braddon ACT 2612
G16/43 Currong Street N, Braddon ACT 2612
Ground-floor 2/2/2 | 83sqm plus 16sqm courtyard | Direct Ainslie Ave access | Rare two-car basement | Premium Provenance build
This property holds a genuinely uncommon position in Braddon’s apartment market. It combines a 2 bed / 2 bath layout with a private ground-floor courtyard and direct street entry, giving it a townhouse-like feel that most inner-city units simply lack. The 83 square metres of internal space is generous, and the dual tandem car spaces with storage are a practical advantage that strong buyer appeal, particularly for downsizers moving out of a house but not yet ready to give up parking or outdoor space. The build quality from the Provenance development is high—stone benchtops, ducted reverse-cycle air, externally vented rangehood—so the unit sits clearly above typical compact stock. This is best suited to owner-occupiers who value walkable CBD access without sacrificing space or convenience, and it should attract a more committed buyer than investment-led one-bedroom product.
The value of this property may be shaped by its ground-floor aspect and direct street exposure. Being at street level creates immediate entry and a courtyard, but it might also bring more external noise or reduced privacy than an upper-floor unit. The orientation of the courtyard and windows is not specified, and that could materially affect natural light and comfort. The 2022 completion window means it is still near-new, so condition is likely strong, but the two-car configuration and storage are features that may command a premium in a market where most competing units offer one space or none. Buyers should weigh the balance between the rare liveability and the potential trade-offs of ground-floor living.
>> Comparable Sales: 416/43 Currong St N sold $668k in 2022; 313/43 Currong St N sold $410k in 2025 | Property Price Band: $650k–$750k | Value Drivers: courtyard and direct street entry, dual car spaces, premium fit-out and condition
Detailed Independent Property Report prepared by PropCred Analyst team for G16/43 Currong Street N, Braddon ACT 2612
Checks found:
Value Risk
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Liquidity Risk
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1
Planning Risk
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Income Risk
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1
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst