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ACT › Braddon › Northbourne Ave

310/86 Northbourne Ave, Braddon ACT 2612

For saleApartment

$599,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 5 June 2026)
  • CalculationAsk is 67% below the Braddon median recorded sale ($1,830,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Braddon's advertised median rent ($495/wk), implied gross yield would be 4.30% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$599,000

Asking

No recorded sale for this property.

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Vs Braddon

-67.3%

Median sale

Suburb $1,830,000

+2.89 pp

Gross yield

Suburb 1.41%

Suburb median $1,830,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Australian Capital Territory)
$15,677
Transfer/Registration Fee
$496
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$618,873

$19,873 on top of the price (3.3% extra)

  • Stamp Duty (Australian Capital Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Australian Capital Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Braddon's advertised median rent — not a rent for this listing.

Net yield
2.80%
Annual cashflow (pre-tax)
$-14,393
Interest cover (DSCR)
0.54
Annual rent
$25,740
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
4.30%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$599,000available5 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

ACT

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $495/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Braddon in one glance

Braddon at a glance

7,489

People

$1,830,000

Median sale

$495/wk

Median rent

1.41%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Braddon report →

Keep researching

  • Why Braddon? Read the area thesis →
  • What else is on the market in Braddon →
  • Other records on Northbourne Ave →

Listing material

Listed by Christine Shaw Properties

Braddon Living At Its Very Best

Are you searching for a large, established two bedroom apartment in the heart of Canberra's vibrant Braddon neighbourhood? Look no further!

You know a complex is good when only six other two bedroom ensuite apartments have come to the market in the last 3 years - tightly held indeed, which is always a positive for buyers.

Welcome to Pheonix Apartment 310, where contemporary design meets ultimate convenience. On offer is an incredible opportunity for you to experience the ultimate urban lifestyle, nestled in the heart of Braddon. This stylish two-bedroom, two-bathroom apartment is perfect for those seeking an urban lifestyle. Completely updated with new carpet and freshly painted, the home radiates a sense of modern sophistication, inviting you to move in and start enjoying the best of Braddon right away. Its spacious open-plan layout offers a seamless flow from the kitchen to the living area, making it ideal for entertaining or simply relaxing after a busy day.

Read the full description

The kitchen is a chef's dream, including a stone benchtop with breakfast bar, Bosch electric oven and cooktop, and dishwasher. It's a space where functionality meets form, allowing for both casual meals and elaborate culinary endeavours.

The floorplan is simply perfect, with the two bedrooms having no shared walls. The extra-large master bedroom provides the perfect retreat, complete with a study nook, dual mirrored built-in robes, and a luxurious ensuite with a full-sized bath. The second bedroom boasts balcony access and mirrored built-in robes, making it perfect for guests or a home office. Each bedroom is a haven of comfort, and both are designed with a focus on space and light.

Another bonus to this lovely apartment is an actual laundry room – no European laundry in a cupboard here - loads of yet more storage space.

Step outside to the large balcony, where you'll be greeted by a peaceful treed outlook, and the lively streets of Braddon. Whether you're sipping your morning coffee or winding down at sunset, this outdoor space offers the perfect vantage point to enjoy Canberra's beauty.

With NBN connection, two new reverse cycle air conditioning units, and underground car parking, comfort and convenience are at the forefront of this home.

This apartment provides an unbeatable lifestyle. With access to a pool and gym, you'll enjoy resort-style amenities without leaving home. Residents of this exclusive address are afforded the luxury of a secure car space, an essential complement to this highly sought-after location. The lifestyle on offer here is second to none, with Braddon's renowned mix of cafes, restaurants, and retail therapy just a stone's throw away with a thriving nightlife scene. Meanwhile, the proximity to Canberra's CBD means that work and leisure are never too far.

This apartment presents a rare opportunity to secure a slice of one of Braddon's most desirable residential complexes. Whether you're looking to invest, downsize, or simply step into a lifestyle of convenience and class, this property ticks all the boxes.

Embrace the opportunity to make this stunning apartment your own.

Features:

* Solid 2003 construction

* Tightly held complex with only 6 x two bedroom sales in the last 3 years

* Two bedrooms and two bathrooms

* Spacious open-plan living

* North/East orientation – no western sun

* New carpet plus freshly painted throughout

* Perfect floorplan with two bedrooms separated

* No lost hallway space

* Two new reverse cycle air conditioning units

* Stone bench-top and breakfast bar

* Functional and well-equipped kitchen with ample storage space

* Bosch electric oven and cooktop, and dishwasher

* Extra-large master bedroom with study nook

* Dual mirrored built-in robes

* Ensuite with full-size bath

* Second bedroom with balcony access and mirrored built-in robe

* Floor to ceiling tiles in the bathrooms

* Separate laundry room

* Large balcony with treed outlook

* NBN connection

* Resident access to pool and gym

* Level 4 communal terrace space for entertaining

* Security intercom

* Secure underground parking

* Located in the heart of Braddon's café, restaurant, and nightlife scene

Apartment: 94m2

Balcony: 13m2

Car Space: 13m2

Storage: 2m2

Total: 122m2

EER: 6

Rates: $537.03 pq

Strata: $1381.65 pq

Rent Appraisal by Little Bird Properties: $620pw

Land Tax (only payable if rented): $647.31 pq

Gross Yield of 5.38% (based on $620pw rent)

(Note: all figures and measurements are approximate)

Listing description written by Christine Shaw, Christine Shaw Properties — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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