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

As of May 2026, the estimated population of the suburb of Braddon is around 7,489. This figure represents an increase of 1,106 people since the 2021 Census, which reported a population of 6,383. The latest estimate is based on AreaSearch's validation of new addresses and examination of the ABS' June 2025 ERP data release, indicating a resident population of 7,488. This results in a density ratio of 5,311 persons per square kilometer, placing Braddon in the top 10% of national locations assessed by AreaSearch. The suburb's growth rate of 17.3% since the 2021 Census exceeds both the state average (8.3%) and the SA4 region, positioning it as a notable growth leader. Overseas migration contributed approximately 54.0% to Braddon's population gains during recent periods, with all migration drivers being positive factors.

AreaSearch projects that Braddon will experience significant population increase by 2041, with an expected rise of 3,056 persons, reflecting a total gain of 40.8% over the 16-year period.

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

AreaSearch analysis of ABS building approval numbers shows Braddon averaging around 23 new dwelling approvals annually. Between FY-21 and FY-25, an estimated 119 homes were approved, with a further 679 approved so far in FY-26. This results in approximately 10.4 new residents per year arriving per dwelling constructed over the past five financial years.

The demand significantly exceeds new supply, typically leading to price growth and increased buyer competition. New dwellings are developed at an average expected construction cost of $244,000. Commercial approvals valued at $8.4 million have been registered in FY-26, indicating the area's residential character. Compared to the Australian Capital Territory, Braddon exhibits substantially reduced construction levels, 73.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings.

New development comprises 10.0% standalone homes and 90.0% attached dwellings, offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers. With around 1433 people per dwelling approval, Braddon reflects a highly mature market. Looking ahead, AreaSearch's latest quarterly estimate projects Braddon to grow by 3,055 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 strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 34 projects likely impacting the area. Notable ones include Northbourne Flats Redevelopment, Northbourne Village Stage 4, Marcus Clarke Street Office Complex, and AHLEI by Liebke + Co. Details on those of most relevance are provided below.

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

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AreaSearch analysis reveals Braddon significantly outperforming the majority of regions assessed nationwide

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

Workforce participation is high at 82.3%, compared to the ACT's 70.5%. Only 12.4% of residents work from home, though Covid-19 lockdown impacts should be considered. Key industries are public administration & safety, professional & technical services, and education & training. The area specializes in public administration & safety with an employment share 1.4 times the regional level, but has lower health care & social assistance representation at 6.7% versus the regional average of 11.7%.

There is a higher-than-average ratio of 0.7 workers per resident. Over the year to December 2025, employment increased by 1.0%, labour force by 1.3%, and unemployment rose by 0.3 percentage points. 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 simplified extrapolation for illustrative purposes only.

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

The suburb of Braddon had a median taxpayer income of $76,574 and an average income of $98,528 in the latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This places it in the top percentile nationally, contrasting with the Australian Capital Territory's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 10.44% since financial year 2023, current estimates would be approximately $84,568 (median) and $108,814 (average) as of March 2026. According to the 2021 Census figures, individual earnings in Braddon stood out at the 97th percentile nationally ($1,512 weekly). Distribution data showed that the $1,500 - 2,999 earnings band captured 41.0% of the community (3,070 individuals), consistent with broader trends across the broader area showing 34.3% in the same category. Economic strength was evident through 33.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consumed 18.4% of income, though strong earnings still placed disposable income at the 77th percentile and the area's SEIFA income ranking placed 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

In Braddon, as per the latest Census evaluation, houses constituted 4.9% while other dwellings (semi-detached, apartments, 'other') made up 95.1%. In contrast, 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 stood at $1,803, lower than the Australian Capital Territory average of $2,080. Median weekly rent in Braddon was recorded as $495, higher than the Australian Capital Territory figure of $450. Nationally, Braddon's mortgage repayments were below the Australian average of $1,863, while rents were substantially above 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 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

Braddon's educational attainment notably exceeds broader benchmarks. Among residents aged 15+, 70.4% possess university qualifications, surpassing Australia's 30.4% and the SA4 region's 46.8%. This significant educational advantage favours Braddon for knowledge-based opportunities. Bachelor degrees are most prevalent at 38.6%, followed by postgraduate qualifications (25.2%) and graduate diplomas (6.6%).

Technical qualifications comprise 13.0% of educational achievements, with advanced diplomas at 6.0% and certificates at 7.0%. Educational participation is notably 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

Public transport analysis shows 27 active transport stops operating within Braddon. These are served by 121 individual routes, collectively providing 8,481 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 134 meters from the nearest stop. Most residents commute outward due to its residential nature. The dominant mode of transport is car at 46%, followed by walking at 26% and bus at 13%. Vehicle ownership averages 0.5 per dwelling, below the regional average.

According to the 2021 Census, a relatively low 12.4% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 1,211 trips per day across all routes, equating to approximately 314 weekly trips per individual stop.

Braddon's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Braddon. Mortality rates and chronic condition prevalence were both low across young and old age cohorts. Private health cover was exceptionally high at approximately 66% of the total population (4,950 people), compared to 62.4% in Australian Capital Territory and a national average of 55.7%.

The most common medical conditions were mental health issues impacting 12.9% of residents and asthma affecting 9.4%. A total of 71.2% declared themselves completely clear of medical ailments, compared to 70.2% across Australian Capital Territory. The under-65 population demonstrated better than average health outcomes. As of the latest data (2021), the area has 7.7% of residents aged 65 and over (576 people), lower than the 14.3% in Australian Capital Territory. Health outcomes among seniors were particularly strong, with national rankings even higher than 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 predominant religion in Braddon, accounting for 25.6% of people. However, Judaism is overrepresented compared to the Australian Capital Territory average, comprising 0.6% of Braddon's population.

In terms of ancestry, the top three groups are English (22.9%), Australian (18.0%), and Other (11.1%). Notably, Korean (1.1%) and French (0.7%) ethnicities are overrepresented compared to regional averages, while Welsh (0.7%) is slightly above average.

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 significantly lower than Australia's median age of 38. Compared to the Australian Capital Territory, Braddon has a higher percentage of residents aged 25-34 (39.1%), but fewer residents aged 5-14 (2.3%). This concentration of 25-34 year-olds is well above the national average of 14.6%. Between 2021 and the present, the percentage of Braddon's population aged 35-44 has grown from 16.1% to 18.2%, while the percentage of residents aged 15-24 has declined from 18.3% to 15.8%. The percentage of 25-34 year-olds has also decreased slightly, from 40.2% to 39.1%. Looking ahead to 2041, demographic projections indicate that Braddon's age structure will shift significantly. The number of residents aged 25-34 is projected to increase by 717 people (25%), from 2,928 to 3,646.