Braddon

Braddon lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on AreaSearch's analysis, Braddon's population was around 7489 as of May 2026. This reflected an increase of 1106 people (17.3%) since the 2021 Census, which reported a population of 6383 people. The change was inferred from the estimated resident population of 7488 from the ABS as of June 2025 and an additional 135 validated new addresses since the Census date. This level of population equated to a density ratio of 5311 persons per square kilometer, placing Braddon in the top 10% of national locations assessed by AreaSearch. Braddon's growth of 17.3% since the 2021 census exceeded the state's (8.3%) and the SA4 region, marking it as a growth leader. Population growth was primarily driven by overseas migration, contributing approximately 79.6% of overall population gains during recent periods.

All drivers including natural growth and interstate migration were positive factors. AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, and years post-2032, age group growth rates from the ACT Government's SA2 area projections were adopted, using 2022 as a base. Based on demographic trends, a significant population increase in the top quartile of national areas was forecast for Braddon, with an expected growth of 3058 persons to 2041 based on the latest annual ERP population numbers, reflecting an overall increase of 40.8% over the 16 years.

AreaSearch analysis of residential development drivers sees Braddon recording a relatively average level of approval activity when compared to local markets analysed countrywide

Braddon has recorded approximately 23 residential properties granted approval per year over the past five financial years, totalling 119 homes. As of FY-26679 approvals have been recorded. On average, around 10.4 people moved to the area annually for each dwelling built between FY-21 and FY-25, indicating significant demand outpacing supply. The average construction cost value of new homes was $98,000 during this period, below the regional average.

In FY-26, $8.4 million in commercial approvals have been registered, reflecting the area's primarily residential nature. Compared to the Australian Capital Territory, Braddon has 73.0% lower building activity per person. The majority of new construction consists of townhouses or apartments (88.0%), with standalone homes making up only 12.0%. This focus on higher-density living creates more affordable entry points for downsizers, investors, and first-home buyers.

According to the latest AreaSearch quarterly estimate, Braddon is expected to grow by 3,057 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Braddon has limited levels of nearby infrastructure activity, ranking in the 19thth percentile nationally

Area infrastructure changes significantly influence local performance. AreaSearch identified 34 relevant projects. Notable ones are Northbourne Flats Redevelopment, Northbourne Village Stage 4, Marcus Clarke Street Office Complex, and AHLEI by Liebke + Co. The following details the most pertinent projects.

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The labour market in Braddon shows considerable strength compared to most other Australian regions

Braddon has a highly educated workforce with strong representation in professional services. Its unemployment rate was 2.7% as of the past year, with an estimated employment growth of 1.0%. As of December 2025, 5,739 residents were employed, with an unemployment rate of 1.1%, lower than the Australian Capital Territory's rate of 3.8%.

Workforce participation was high at 82.4%, compared to the Australian Capital Territory's 70.5%. According to Census responses, 12.4% of residents worked from home. Key industries for employment were public administration & safety, professional & technical services, and education & training. Public administration & safety had notably high concentration with employment levels at 1.4 times the regional average.

Health care & social assistance was under-represented at 6.7%, compared to the Australian Capital Territory's 11.7%. The ratio of 0.7 workers per resident indicated a level of local employment opportunities above the norm. Over the year ending May-25, employment increased by 1.0% and labour force grew by 1.3%, causing unemployment to rise by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia project growth rates varying significantly between industry sectors. Applying these projections to Braddon's employment mix suggests local employment should increase by 6.4% over five years and 13.0% over ten years, based on simple weighting extrapolation for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows Braddon SA2 had a median income among taxpayers of $81,521 and an average of $98,890. This places it in the top percentile nationally, compared to the Australian Capital Territory's median of $72,206 and average of $85,981. Based on Wage Price Index growth of 10.44% since financial year 2023, current estimates would be approximately $90,032 (median) and $109,214 (average) as of March 2026. Census data reveals individual earnings stand out at the 97th percentile nationally ($1,512 weekly). The earnings profile shows the $1,500 - 2,999 earnings band captures 41.0% of the community (3,070 individuals), reflecting patterns seen in the surrounding region where 34.3% similarly occupy this range. The district demonstrates considerable affluence with 33.1% earning over $3,000 per week, supporting premium retail and service offerings. High housing costs consume 18.4% of income, though strong earnings still place disposable income at the 77th percentile and the area's SEIFA income ranking places it in the 10th decile.

Braddon features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Braddon's dwelling structure, as per the latest Census, consisted of 4.9% houses and 95.1% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Australian Capital Territory's figures of 63.3% houses and 36.7% other dwellings. Home ownership in Braddon stood at 11.5%, with mortgaged dwellings at 27.3% and rented ones at 61.2%. The median monthly mortgage repayment was $1,803, below the Australian Capital Territory average of $2,080. Median weekly rent in Braddon was $495, compared to Australian Capital Territory's $450. Nationally, Braddon's mortgage repayments were lower than the average ($1,863), while rents were substantially higher than the national figure of $375.

Braddon features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households account for 41.2% of all households, including 6.9% that are couples with children, 30.3% that are couples without children, and 3.1% that are single parent families. Non-family households make up the remaining 58.8%, with lone person households at 44.2% and group households comprising 14.8%. The median household size is 1.8 people, which is smaller than the Australian Capital Territory average of 2.5.

Braddon shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Braddon's educational attainment is notably higher than broader benchmarks. Among residents aged 15+, 70.4% have university qualifications, compared to 30.4% nationally and 46.8% in the SA4 region. This educational advantage positions Braddon favourably for knowledge-based opportunities. Bachelor degrees are the most prevalent at 38.6%, followed by postgraduate qualifications (25.2%) and graduate diplomas (6.6%).

Technical qualifications make up 13.0% of educational achievements, with advanced diplomas accounting for 6.0% and certificates for 7.0%. Educational participation is high in Braddon, with 29.8% of residents currently enrolled in formal education. This includes 21.5% in tertiary education, 2.0% in primary education, and 1.6% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Braddon has 27 active public transport stops serving a mix of bus routes. These stops are used by 121 different routes, providing a total of 8,481 weekly passenger trips. The average distance to the nearest stop for residents is 134 meters, indicating excellent transport accessibility. In this primarily residential area, most commuters travel outward. Cars remain the primary mode of transport at 46%, with walking at 26% and buses at 13%. On average, there are 0.5 vehicles per dwelling, lower than the regional average.

According to the 2021 Census, only 12.4% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages 1,211 trips per day across all routes, resulting in approximately 314 weekly trips per individual stop.

Braddon's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data indicates excellent results for Braddon, as per AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups, with approximately 70% of its total population (5,272 people) having private health cover, compared to the Australian Capital Territory's 62.4%. Nationally, this figure stands at 55.7%.

Mental health issues and asthma were found to be the most common medical conditions in Braddon, impacting 12.9% and 9.4% of residents respectively. Notably, 71.2% of residents declared themselves completely clear of medical ailments, compared to 70.2% across Australian Capital Territory. The under-65 population in Braddon demonstrates better than average health outcomes. The area has 7.6% of its residents aged 65 and over (566 people), which is lower than the Australian Capital Territory's figure of 14.3%. Health outcomes among seniors in Braddon are particularly strong, with national rankings broadly in line with the general population.

Braddon was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Braddon has a high level of cultural diversity, with 27.8% of its population speaking a language other than English at home and 35.3% born overseas. Christianity is the main religion in Braddon, making up 25.6% of people. Notably, Judaism comprises 0.6% of the population, which is higher than the Australian Capital Territory average of 0.2%.

The top three represented ancestry groups are English at 22.9%, Australian at 18.0% (lower than the regional average of 23.0%), and Other at 11.1%. Certain ethnic groups show notable divergences: Korean is overrepresented at 1.1% compared to the regional average of 0.6%, Chinese at 8.9% versus 4.2%, and French at 0.7% compared to 0.5%.

Braddon hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Braddon has a median age of 31, which is younger than the Australian Capital Territory's figure of 35 and substantially under the Australian median of 38. Compared to the Australian Capital Territory, Braddon has a higher concentration of residents aged 25-34 (39.2%), but fewer residents aged 5-14 (2.3%). This 25-34 concentration is well above the national figure of 14.6%. Between 2021 and present, the age group of 35 to 44 has grown from 16.1% to 18.2% of Braddon's population. Conversely, the age group of 15 to 24 has declined from 18.3% to 15.8%, and the 25 to 34 group has dropped from 40.2% to 39.2%. Looking ahead to 2041, demographic projections reveal significant shifts in Braddon's age structure, with the 25-34 age cohort projected to increase solidly by 712 people (24%), from 2,933 to 3,646.