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ACT › Braddon › Northbourne Ave

U214, 74 Northbourne Ave, Braddon ACT 2612

For saleApartment

$500,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $500,000(Listing record · 11 Sept 2025)
  • CalculationAsk is 73% 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 5.15% — 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

$500,000

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

-72.7%

Median sale

Suburb $1,830,000

+3.74 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
$500,000
Stamp Duty (Australian Capital Territory)
$11,400
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
$515,596

$15,596 on top of the price (3.1% 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
3.65%
Annual cashflow (pre-tax)
$-7,760
Interest cover (DSCR)
0.70
Annual rent
$25,740
Operating expenses
$7,500
Loan amount
$400,000
Annual interest
$26,000
Gross yield
5.15%

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$500,000available11 Sept 2025

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 5.1%. 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 Civium Property Group

Lifestyle in the Heart of the City

*Inspection By Appointment Only*

Perfectly positioned in the vibrant heart of Braddon, this two-bedroom, two-bathroom apartment offers an enviable lifestyle of convenience and ease. Located within walking distance to the CBD, Canberra Centre, light rail, and Braddon's renowned cafés, restaurants, and boutique shops, this home is ideal for those seeking a central address with everything at their doorstep.

Inside, the apartment has been designed for comfortable, low-maintenance living. The open plan living and dining area flows seamlessly to a private balcony, making it an inviting space to relax or entertain. Both bedrooms are generously sized, with the master boasting its own ensuite, while the second bedroom is serviced by a full bathroom. The functional kitchen features modern appliances and ample storage, perfectly suited to everyday living.

Read the full description

Additional features include secure underground parking for one vehicle and lift access. With its unbeatable location and thoughtful design, this apartment offers a lifestyle of absolute convenience-perfect for first home buyers, downsizers, or savvy investors.

This apartment is currently rented through the Adina Serviced Apartments Scheme for $29,965 per annum. You have the option to continue this or terminate the lease and move in yourself.

Key Features

• 2 spacious bedrooms with built-in robes

• Large bathroom + ensuite for the master

• Open-plan living and dining with balcony access

• Large well well-equipped kitchen with quality appliances and storage

• Secure building with lift, gym & pool

• Secure car space

• Positioned in the heart of Braddon, just steps from cafés, shops, CBD and light rail

Particulars:

• 85 sqm living approx.

• 10 sqm balcony approx.

• Rates $1582 per annum

• Land tax $2455 per Annum (Investor Only)

• Body corporate $1699 per quarter

• Current rent under Adina Hotel Scheme

• EER: 6

Disclaimer: All information contained in this advertisement is for general marketing purposes only and is to be accurate to the best of our abilities. Civium Property Group does not accept responsibility and is not liable for any error or inaccuracy in the information provided contained herein. We recommend all prospective purchasers make a further enquiry to verify the information contained herein

Listing description written by Josh Finnigan, Civium Property Group — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.