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

The suburb of Braddon's population is estimated at around 7,273 as of Feb 2026. This reflects an increase of 890 people since the 2021 Census, which reported a population of 6,383 people. The change is inferred from the resident population of 7,272 estimated by AreaSearch 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, which lies in the top 10% of national locations assessed by AreaSearch. Braddon's growth rate of 13.9% since the 2021 census exceeded the state's growth rate of 6.7%. Population growth for the suburb was primarily driven by overseas migration contributing approximately 54.0% 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. Looking at population projections moving forward, a significant population increase in the top quartile of national areas is forecast, with the suburb expected to increase by 3,345 persons to 2041 based on aggregated SA2-level projections, 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 using ABS building approval numbers from statistical area data, Braddon averaged approximately 23 new dwelling approvals annually. Between financial years FY-21 to FY-25, around 119 homes were approved, with an additional 9 approved in FY-26 so far. On average, each dwelling constructed attracted about 10.4 new residents per year over the past five financial years.

This significant demand exceeding supply typically leads to price growth and increased buyer competition. The average expected construction cost value of new dwellings was around $244,000. In FY-26, $8.4 million in commercial approvals have been registered, indicating the area's residential character. Compared to the Australian Capital Territory, Braddon shows a substantial reduction in construction, at 73.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings.

New development consists of approximately 10.0% standalone homes and 90.0% attached dwellings, reflecting a skew towards compact living that offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. With around 1432 people per dwelling approval, Braddon reflects a highly mature market. According to the latest AreaSearch quarterly estimate, Braddon is expected to grow by approximately 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 strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Infrastructure changes significantly impact an area's performance. AreaSearch has identified 34 projects potentially affecting the 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 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 an educated workforce with strong professional services representation. Its unemployment rate was 2.5% in the past year, showing a 1.4% employment growth. As of September 2025, there were 5,739 employed residents, with an unemployment rate of 1.0% below the Australian Capital Territory's rate of 3.6%.

Workforce participation was high at 84.7%, compared to the ACT's 72.5%. Only 12.4% of residents worked from home, though Covid-19 lockdown impacts should be considered. Key industries include public administration & safety, professional & technical services, and education & training. Public administration & safety had a high employment share at 1.4 times the regional level, while health care & social assistance was lower at 6.7% compared to the regional average of 11.7%.

The worker-to-resident ratio was 0.7, indicating ample local employment opportunities. Over the past year, employment increased by 1.4%, labour force by 1.5%, with unemployment remaining stable. In comparison, the ACT recorded a 1.4% employment growth and a 1.2% labour force increase, with unemployment falling by 0.2 percentage points. National employment forecasts from May-25 project a 6.6% growth 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, assuming constant population levels for illustrative purposes.

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, compared to the Australian Capital Territory's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 9.26% since the financial year 2023, estimated incomes as of September 2025 would be approximately $83,665 (median) and $107,652 (average). According to the 2021 Census figures, individual earnings in Braddon stood out at the 97th percentile nationally with a weekly income of $1,512. Distribution data showed that 41.0% of the community (2,981 individuals) fell into the $1,500 - $2,999 earnings band, consistent with broader trends across the broader area where 34.3% were in the same category. Economic strength was evident with 33.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consumed 18.4% of income, but strong earnings still placed disposable income at the 77th percentile nationally. 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, 4.9% of dwellings were houses while 95.1% consisted of other types such as semi-detached units and apartments. This contrasts with the Australian Capital Territory's dwelling structure which was 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 in the area was $1,803 compared to the Australian Capital Territory average of $2,080. Meanwhile, the median weekly rent figure for Braddon was $495, higher than the national average of $375 but lower than the Australian Capital Territory's $450. Nationally, Braddon's mortgage repayments were below the Australian average of $1,863.

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 comprise the remaining 58.8%, with lone person households at 44.2% and group households making up 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. 70.4% of residents aged 15 and above hold university qualifications, compared to Australia's 30.4% and the SA4 region's 46.8%. This educational advantage positions Braddon strongly for knowledge-based opportunities. Bachelor degrees are the most common at 38.6%, followed by postgraduate qualifications (25.2%) and graduate diplomas (6.6%).

Technical qualifications represent 13.0% of educational achievements, with advanced diplomas at 6.0% and certificates at 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 shows 27 active transport stops in Braddon, served by 121 routes offering 8,481 weekly passenger trips. Residents have excellent accessibility, located on average 134 meters from the nearest stop. In this residential area, most commute outward using cars (46%), walking (26%) and buses (13%). Vehicle ownership averages 0.5 per dwelling, below regional average. As of the 2021 Census, 12.4% of residents work from home, potentially due to COVID-19 conditions. Service frequency averages 1,211 trips daily across all routes, equating to approximately 314 weekly trips per stop.

Service frequency averages 1,211 trips per day across all routes, equating to approximately 314 weekly trips per individual stop.

The level of general health in Braddon is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Braddon shows better-than-average health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts have low prevalence of common health conditions. Approximately 66% of Braddon's total population (4,808 people) has private health cover, compared to 62.4% in the Australian Capital Territory and a national average of 55.7%.

Mental health issues and asthma are the most common medical conditions, affecting 12.9 and 9.4% of residents respectively. 71.2% of residents declare themselves completely clear of medical ailments, compared to 70.2% across Australian Capital Territory. The under-65 population has better-than-average health outcomes. Braddon has 7.8% of residents aged 65 and over (567 people), lower than the 14.3% in Australian Capital Territory. Health outcomes among seniors are 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's cultural diversity is notable, with 27.8% speaking a language other than English at home and 35.3% born overseas. Christianity is the predominant religion in Braddon, accounting for 25.6%. Judaism is overrepresented compared to the ACT average, comprising 0.6% of Braddon's population.

The top three ancestry groups are English (22.9%), Australian (18.0%) and Other (11.1%). Korean (1.1%), French (0.7%), and Welsh (0.7%) ethnicities are notably overrepresented compared to regional averages.

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's 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 growth of the 55-64 age group from 6.1% to 7.6%, and the increase of the 35-44 cohort from 16.1% to 17.5%. Conversely, the 15-24 cohort has declined from 18.3% to 15.9%, and the 25-34 group has dropped from 40.2% to 38.2%. Population forecasts for 2041 suggest substantial demographic changes for Braddon, with the 25-34 cohort projected to grow by 29%, adding 792 residents to reach a total of 3,571.