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 analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Braddon's estimated population as of Nov 2025 is around 7,273. This reflects an increase of 890 people (13.9%) since the 2021 Census which reported a population of 6,383. The change was inferred from AreaSearch estimating the resident population at 7,272 following examination of the latest ERP data release by the ABS in June 2024 and an additional 97 validated new addresses since the Census date. This level of population equates to a density ratio of 5,158 persons per square kilometer, placing Braddon (SA2) in the top 10% of national locations assessed by AreaSearch. The area's 13.9% growth since the 2021 Census exceeded the state's 6.4%. Population growth was primarily driven by overseas migration contributing approximately 54.0% of overall population gains, although all drivers including interstate migration and natural growth were positive factors.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area as 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, using 2022 as a base, are adopted. Looking ahead, exceptional growth is predicted for Braddon (SA2), placing it in the top 10 percent of Australian statistical areas over the period to 2041. The area is expected to increase by 3,345 persons by then, reflecting a gain 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

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Braddon has averaged around 23 new dwelling approvals each year. Over the past five financial years, between FY-21 and FY-25, an estimated 119 homes were approved, with a further 9 approved so far in FY-26. On average, over these five years, 10.4 new residents arrived per dwelling constructed.

This significant demand exceeding supply typically leads to price growth and increased buyer competition. The average construction value of new dwellings is $244,000. In the current financial year, $8.4 million in commercial approvals have been registered, indicating the area's residential character. Compared to the Australian Capital Territory, Braddon shows substantially reduced construction activity, with 73.0% fewer approvals per person than the regional average. This limited new supply generally supports stronger demand and values for established dwellings.

The current development composition consists of 10.0% standalone homes and 90.0% attached dwellings, reflecting a preference for compact living that offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. With approximately 1432 people per dwelling approval, Braddon reflects a highly mature market. 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 moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 34 projects likely to affect the region. 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.

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 a highly educated workforce with strong representation in professional services. The unemployment rate is 2.5%, with an estimated employment growth of 1.4% over the past year (AreaSearch data).

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 80.6%, compared to the ACT's 69.6%. Key industries include public administration & safety, professional & technical services, and education & training. Public administration & safety has an employment share 1.4 times the regional level.

Conversely, health care & social assistance shows lower representation at 6.7% versus the regional average of 11.7%. The worker-to-resident ratio is 0.7, indicating above-average local employment opportunities. Over a 12-month period ending in September 2025, employment increased by 1.4%, labour force by 1.5%, with unemployment remaining essentially unchanged (AreaSearch analysis of SALM and ABS data). In comparison, the ACT recorded employment growth of 1.4% and unemployment falling by 0.2 percentage points over the same period. State-level data to 25-Nov-25 shows ACT employment grew by 1.19%, with an unemployment rate of 4.5%. National forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Braddon's employment mix, local employment is estimated to increase by 6.4% over five years and 13.0% over ten years.

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 financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This places it in the top percentile nationally, compared to the Australian Capital Territory's median income of $72,206 and average income of $85,981. By September 2025, estimates suggest a median income of approximately $83,665 and an average income of $107,652, based on a 9.26% growth in the Wage Price Index since financial year 2023. In 2021 Census figures, individual earnings in Braddon stood at the 97th percentile nationally, with $1,512 weekly. The income distribution shows that 41.0% of the community (2,981 individuals) earn between $1,500 and $2,999 weekly, which is consistent with broader trends across the broader area showing 34.3% in the same category. Economic strength is evident as 33.1% of households achieve high weekly earnings exceeding $3,000, supporting elevated consumer spending. 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

In Braddon, as per the latest Census evaluation, 4.9% were houses while 95.1% comprised other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This contrasted with the Australian Capital Territory's (ACT) figures of 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 ACT's average of $2,080, but close to the national average of $1,863. Meanwhile, median weekly rent in Braddon was $495, higher than both ACT's figure of $476 and the national average 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% couples with children, 30.3% couples without children, and 3.1% single parent families. Non-family households constitute 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.

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 averages. 70.4% of its residents aged 15 and above have university qualifications, compared to Australia's 30.4% and the SA4 region's 46.8%. The area's highest qualification level is bachelor degrees 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

Transport analysis in Braddon shows 27 active public transport stops operating. These stops serve a mix of bus routes, totaling 121 individual routes. Collectively, they facilitate 8,481 weekly passenger trips.

Residential accessibility to transport is rated excellent, with residents located an average of 134 meters from the nearest stop. Service frequency averages 1,211 trips per day across all routes, resulting in approximately 314 weekly trips per individual stop.

Braddon's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis shows Braddon had low prevalence of common health conditions across all ages. Private health cover was high at approximately 66% (4,808 people), above the national average of 55.7%.

Mental health issues and asthma were most common, affecting 12.9 and 9.4% respectively. 71.2% declared no medical ailments, slightly higher than ACT's 70.8%. Only 7.2% (523 people) were aged 65 and over, lower than ACT's 11.4%. Senior health outcomes aligned with the general population's profile.

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 significant 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 the population. However, Judaism is noticeably overrepresented in Braddon compared to the Australian Capital Territory, with 0.6% of the population identifying as Jewish.

In terms of ancestry, the top three groups are English (22.9%), Australian (18.0%), and Other (11.1%). There are also notable differences in the representation of certain ethnic groups: Korean is overrepresented at 1.1%, French remains similar at 0.7%, and Welsh is also represented at 0.7%.

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 figure of 35 and substantially under the Australian median of 38. Compared to 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 population aged 55 to 64 has grown from 6.1% to 7.3%, while the 35 to 44 age group increased from 16.1% to 17.2%. Conversely, the 15 to 24 age group has declined from 18.3% to 16.1%. Looking ahead to 2041, demographic projections indicate significant shifts in Braddon's age structure. The population aged 25 to 34 is projected to increase solidly, expanding by 712 people (25%) from 2,858 to 3,571.