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 is around 7273 as of Feb 2026. This reflects an increase of 890 people (13.9%) since the 2021 Census, which reported a population of 6383 people. The change is inferred from the estimated resident population of 7272 from the ABS as of June 2024 and an additional 97 validated new addresses since the Census date. This level of population equates to a density ratio of 5158 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly-sought resource. Braddon's 13.9% growth since the 2021 census exceeded the state's (6.7%) and the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 53.8% of overall population gains during recent periods, although all drivers including interstate migration and natural growth were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, age group growth rates from the ACT Government's SA2 area projections, with 2022 as a base, are adopted. Moving forward with demographic trends, a significant population increase in the top quartile of national areas is forecast, with the area expected to grow by 3345 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 46.0% in total over the 17 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. In Financial Year 26, which began on July 1st, 2025 and will end on June 30th, 2026, nine approvals have been recorded to date. On average, around 10.4 people per year have moved to the area for each dwelling built between Financial Year 21 (starting July 1st, 2021) and Financial Year 25 (ending June 30th, 2026), indicating a significant demand outpacing supply which typically exerts upward pressure on prices. The average expected construction cost value of new homes being built is $98,000, below the regional average, suggesting more affordable housing options for buyers.

This financial year has seen $8.4 million in commercial approvals registered, demonstrating the area's predominantly residential nature. Compared to the Australian Capital Territory, Braddon records notably lower building activity, 73.0% below the regional average per person, which usually reinforces demand and pricing for existing dwellings. The new building activity shows a focus on higher-density living, with 12.0% standalone homes and 88.0% townhouses or apartments, creating more affordable entry points suitable for downsizers, investors, and first-home buyers. According to the latest AreaSearch quarterly estimate, Braddon is expected to grow by 3,344 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

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 34 projects that could affect this region. Notable ones 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 likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Braddon demonstrate exceptional strength compared to most Australian markets

Braddon has an educated workforce with strong professional services representation, a low unemployment rate of 2.5%, and estimated employment growth of 1.4% in the past year. As of September 2025, there are 5,739 residents employed, with an unemployment rate of 1.0% below the Australian Capital Territory's rate of 3.6%. Workforce participation is high at 84.7%, compared to the Australian Capital Territory's 72.5%.

According to Census responses, 12.4% of residents work from home. Key industries include 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 the Australian Capital Territory's 11.7%.

The resident-to-worker ratio is 0.7, indicating ample local employment opportunities. In the 12 months prior, employment increased by 1.4% and labour force grew by 1.5%, keeping unemployment relatively stable at 3.6%. National employment forecasts from May-25 project growth of 6.6% over five years and 13.7% over ten years. 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, though this is a 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 data for financial year 2023 shows Braddon SA2 had a median income of $81,521 and an average income of $98,890 among taxpayers. Nationally, this places Braddon in the top percentile. The Australian Capital Territory's median income was $72,206 with an average of $85,981 during the same period. Based on a 9.26% growth in wages since financial year 2023, estimated incomes for September 2025 would be approximately $89,070 (median) and $108,047 (average). Census data indicates individual earnings reached the 97th percentile nationally at $1,512 weekly. The income profile reveals that 41.0% of individuals earned between $1,500 to $2,999 weekly, with 33.1% earning over $3,000 weekly. 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.

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). In comparison, Australian Capital Territory had 63.3% houses and 36.7% other dwellings. Home ownership in Braddon was 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. The median weekly rent in Braddon was $495, compared to Australian Capital Territory's $450. Nationally, Braddon's mortgage repayments were lower than the Australian average of $1,863, while rents were substantially higher at $375.

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 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

In Braddon, educational attainment is notably higher than national averages. Among residents aged 15 years and above, 70.4% have university qualifications, compared to Australia's 30.4% and the SA4 region's 46.8%. This significant educational advantage suggests strong potential for knowledge-based opportunities in the area. Bachelor degrees are 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, 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 operational public transport stops, all serving buses. These stops are covered by 121 routes, facilitating 8,481 weekly passenger trips in total. The area's transport accessibility is rated excellent, with residents typically residing 134 meters from the nearest stop. Primarily residential, most Braddon residents commute outward. Cars remain the primary mode of transport at 46%, followed by walking at 26% and buses at 13%. On average, there are 0.5 vehicles per dwelling, below the regional norm.

According to the 2021 Census, only 12.4% of residents work from home, which might reflect COVID-19 conditions. Across all routes, service frequency averages 1,211 trips daily, equating to around 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

Braddon's health outcomes show exceptional results based on AreaSearch's assessment of mortality rates and chronic condition prevalence, with very low prevalence across all age groups. The rate of private health cover is exceptionally high at approximately 70% of the total population (5,120 people), compared to 62.4% in Australian Capital Territory and a national average of 55.7%. Mental health issues and asthma are the most common conditions, affecting 12.9% and 9.4% respectively, while 71.2% report being completely clear of medical ailments, compared to 70.2% across Australian Capital Territory.

The under-65 population has better than average health outcomes. The area has 7.8% of residents aged 65 and over (569 people), lower than the 14.3% in Australian Capital Territory. Health outcomes among seniors are particularly strong, broadly in line with national rankings for 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. Judaism is overrepresented compared to the Australian Capital Territory average, comprising 0.6% of Braddon's population.

The top three ancestry groups are English at 22.9%, Australian at 18.0%, and Other at 11.1%. Notably, Korean (1.1%) and Chinese (8.9%) ethnicities are overrepresented in Braddon compared to regional averages of 0.6% and 4.2% respectively. French ethnicity is also slightly overrepresented at 0.7% versus the regional average of 0.5%.

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

Braddon's median age is 31, which is younger than the Australian Capital Territory figure of 35 and substantially under the Australian median of 38. Compared to the Australian Capital Territory, Braddon has a higher concentration of 25-34 residents at 38.2%, but fewer 5-14 year-olds at 2.5%. This 25-34 concentration is well above the national figure of 14.4%. Between 2021 and present, the median age has increased by 1.2 years from 30 to 31, indicating an aging population. Key changes include the 55-64 age group growing from 6.1% to 7.6%, while the 35-44 cohort increased from 16.1% to 17.5%. Conversely, the 15-24 cohort declined from 18.3% to 15.9% and the 25-34 group dropped from 40.2% to 38.2%. Population forecasts for 2041 indicate substantial demographic changes for Braddon, with the 25-34 cohort projected to grow by 28%, adding 790 residents to reach 3,572.