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Sales Activity
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Sales Detail
Population
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
Braddon's population was around 7,273 as of November 2025. This reflected an increase of 890 people (13.9%) since the 2021 Census, which reported a population of 6,383 people. The change was inferred from the estimated resident population of 7,272 from the ABS as of June 2024 and an additional 97 validated new addresses since the Census date. This level of population equated to a density ratio of 5,158 persons per square kilometer, placing Braddon in the top 10% of national locations assessed by AreaSearch, making land in the area highly sought after. Braddon's 13.9% growth since the 2021 Census exceeded the state's (5.9%) and the SA4 region's growth rate. Population growth was primarily driven by overseas migration contributing approximately 53.8% of overall population gains during recent periods, although all drivers including interstate migration and natural growth were positive factors.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, age group growth rates from the ACT Government's SA2 area projections were used, also with 2022 as a base year. Based on demographic trends, exceptional growth was predicted over the period to 2041, with an expected increase of 3,345 persons and a total increase of 46.0%.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Braddon recording a relatively average level of approval activity when compared to local markets analysed countrywide
Braddon recorded approximately 23 residential properties granted approval annually over the past five financial years, totalling 119 homes. As of FY-26, 9 approvals have been recorded. On average, 10.4 people moved to the area each year 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 Braddon's primarily residential nature. Compared to the Australian Capital Territory, Braddon has 73.0% lower building activity per person. New construction consists of 12.0% standalone homes and 88.0% townhouses or apartments, promoting higher-density living options. By 2041, Braddon is projected to grow by 3,344 residents.
If current development rates continue, housing supply may not keep pace with population growth, potentially intensifying competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Braddon has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Infrastructure changes significantly influence an area's performance. AreaSearch has identified 34 projects expected to impact the area. Notable projects include Lonsdale & Girrahween - Braddon (Section 34), Marcus Clarke Street Office Complex, Haig Park Place - Braddon East, and Light Rail Extension Planning - Braddon. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
ACT Light Rail Stage 2A (City to Commonwealth Park)
The 1.7km extension of Canberra's light rail from Alinga Street to Commonwealth Park is **under construction** and expected to be operational in **early 2028**. It will feature **three new stops** at Edinburgh Avenue, City South, and Commonwealth Park. The project includes wire-free operation with on-board energy storage systems, a new light rail bridge over Parkes Way, and integrated cycling and walking infrastructure. Enabling works, including the raising of London Circuit, are also underway. The project is jointly funded by the Australian and ACT Governments and is being delivered as an augmentation to the Stage 1 Public-Private Partnership (PPP) agreement with the Canberra Metro consortium. The total major works contract is valued at $577 million.
Haig Park Place - Braddon East
Major urban renewal precinct adjacent to Haig Park delivering over 1,000 dwellings, retail, and significant new public open space as part of the Braddon East master plan area.
Light Rail Extension Planning - Braddon
Planning and concept work for potential future extensions of the Canberra light rail network that would improve access for Braddon and nearby inner north precincts. The ACT Government is currently focused on delivering Stage 2A from the city to Commonwealth Park and planning Stage 2B from Commonwealth Park to Woden, while longer term network planning identifies future stages to other corridors including Belconnen and the airport. No detailed route, scope or timing has been confirmed for any Braddon specific extension, but the precinct sits within the existing Stage 1 corridor and is included in ongoing light rail network and precinct planning.
Ikon Place - Section 19 Braddon
Proposed mixed-use precinct on Section 19 Braddon delivering up to 650 apartments across multiple towers with retail and public realm improvements.
Lonsdale & Girrahween - Braddon (Section 34)
Two mixed-use towers delivering approximately 400 apartments plus retail and commercial space on the former Braddon Club site, currently under construction.
Marcus Clarke Street Office Complex
A 12-storey premium office complex designed to accommodate growing tech and professional services companies. Features flexible floor plates, end-of-trip facilities, and sustainable building technologies.
Midnight - Section 22 Braddon
A landmark mixed-use precinct comprising two towers delivering 398 apartments, hotel rooms (Midnight Hotel), retail, dining and the Midnight Bar on the former Motor Registry site in central Braddon.
AHLEI by Liebke + Co
A 9-storey mixed-use development comprising 105 apartments (including 5 penthouses) and 4 commercial units with 3 levels of basement parking. Features sophisticated yet minimalist facade with raw materials, rooftop garden, communal spaces, and 100% EV-ready charging. Designed by Cox Architecture.
Employment
Employment conditions in Braddon demonstrate exceptional strength compared to most Australian markets
Braddon's workforce is highly educated with strong professional services representation. The unemployment rate was 2.4% in the past year, with an estimated employment growth of 1.8%.
As of June 2025, there were 5,687 residents employed, with an unemployment rate of 1.0%, below the Australian Capital Territory's (ACT) rate of 3.4%. Workforce participation was 80.6% compared to ACT's 69.6%. Key industries for Braddon residents are public administration & safety, professional & technical services, and education & training. Public administration & safety has notable concentration with employment levels at 1.4 times the regional average.
Health care & social assistance is under-represented at 6.7% compared to ACT's 11.7%. The worker-to-resident ratio was 0.7 in the Census, indicating above-normal local employment opportunities. In the year ending June 2025, employment increased by 1.8%, labour force by 1.6%, reducing unemployment by 0.2 percentage points. This compares to ACT's employment growth of 1.9% and unemployment decrease of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia (May 2025) project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Braddon's employment mix suggests local growth of approximately 6.4% over five years and 13.0% over ten years, though this is a simplified extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
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 2022 shows Braddon's median income among taxpayers is $76,574. The average income in Braddon is $98,528. Nationally, this places Braddon in the top percentile. In comparison, the Australian Capital Territory has a median income of $68,678 and an average income of $83,634. Based on Wage Price Index growth of 13.6% since financial year 2022, estimated incomes as of September 2025 would be approximately $86,988 (median) and $111,928 (average). Census data indicates individual earnings in Braddon are at the 98th percentile nationally, with weekly earnings of $1,512. The earnings profile shows that 41.0% of individuals earn between $1,500 and $2,999 per week, reflecting patterns seen in the surrounding region where 34.3% occupy this range. Braddon demonstrates affluence with 33.1% earning over $3,000 per week, supporting premium retail and service offerings. High housing costs consume 18.4% of income, but strong earnings place disposable income at the 77th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Braddon features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
In Braddon, as per the latest Census, 4.9% were houses while 95.1% consisted of semi-detached dwellings, apartments, and others, contrasting with the Australian Capital Territory's 39.3% houses and 60.7% 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, lower than the Australian Capital Territory average of $2,080. Weekly rent in Braddon was $495, higher than the national figure of $375 but below the Australian Capital Territory's $476. Nationally, Braddon's mortgage repayments were lower than the Australian average of $1,863.
Frequently Asked Questions - Housing
Household Composition
Braddon features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households constitute 41.2% of all households, including 6.9% couples with children, 30.3% couples without children, and 3.1% single parent families. Non-family households account for 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 2.2.
Frequently Asked Questions - Households
Local Schools & Education
Braddon shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Braddon is notably high, with 70.4% of residents aged 15 and above holding university qualifications. This exceeds the national average of 30.4% and the SA4 region's average of 46.8%. The area's educational advantage is reflected in its 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 for residents aged 15 and above, with advanced diplomas accounting for 6.0% and certificates for 7.0%. Educational participation is high, 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. Merici College and Ainslie School serve the educational needs of the area, collectively enrolling 1,290 students. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1129. Educational provision follows conventional lines, with one primary institution and one secondary institution serving the area.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in Braddon indicates that there are currently 27 active transport stops operating. These stops cater to a mix of bus routes, with a total of 19 individual routes serving the area. The combined weekly passenger trips across all these routes amount to 971.
The accessibility of transport in Braddon is rated as excellent, with residents typically located an average of 134 meters from their nearest transport stop. On average, there are 138 trips per day across all routes, which translates to approximately 35 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Braddon's residents are extremely healthy with very low prevalence of common health conditions across all age groups
Analysis of health metrics shows strong performance throughout Braddon. The prevalence of common health conditions across all age groups is very low. Approximately 71% of the total population (5,163 people) has private health cover, compared to 65.3% in Australian Capital Territory and a national average of 55.3%.
Mental health issues and asthma are the most common medical conditions in the area, impacting 12.9 and 9.4% of residents respectively. 71.2% of residents declare themselves completely clear of medical ailments, compared to 70.8% across Australian Capital Territory. The area has 7.3% of residents aged 65 and over (531 people), which is lower than the 11.4% in Australian Capital Territory. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Braddon is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Braddon has high cultural diversity, with 27.8% speaking a language other than English at home and 35.3% born overseas. Christianity is the main religion in Braddon, at 25.6%. Judaism is overrepresented compared to Australian Capital Territory, comprising 0.6% vs 0.5%.
The top ancestry groups are English (22.9%), Australian (18.0%), and Other (11.1%). Korean, Chinese, and French ethnicities show notable divergences: Korean at 1.1% (vs regional 0.7%), Chinese at 8.9% (vs 5.6%), and French at 0.7%.
Frequently Asked Questions - Diversity
Age
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 (39.3%), but fewer residents aged 5-14 (2.5%). This concentration of 25-34 year-olds is well above the national figure of 14.5%. Between 2021 and the present, the age group of 55 to 64 has grown from 6.1% to 7.3% of the population, while the age group of 35 to 44 increased from 16.1% to 17.2%. Conversely, the age group of 15 to 24 has declined from 18.3% to 16.1%. Looking ahead to 2041, demographic projections indicate significant shifts in Braddon's age structure. The age cohort of 25 to 34 is projected to increase by 711 people (25%) from 2,860 to 3,572.