Home Loans in BraddonACT 2612
- Median house price: $1,100,000
- Median unit price: $520,000
- Property growth: +5.2% p.a.
- Population: 4,000
Property Market in Braddon, ACT
Braddon is Canberra's trendiest suburb with Lonsdale Street dining and a vibrant bar scene. The median house price in Braddon is currently around $1,100,000, while units sit at approximately $520,000. The suburb has experienced property growth of +5.2% p.a., making it a steady performer in Australian Capital Territory.
Why Buy in Braddon?
Braddon offers a range of lifestyle benefits that make it attractive to homebuyers and investors alike. Key features of the area include:
- Lonsdale Street
- Trendy dining
- Light rail
- Inner north culture
Typical Home Loan Amounts in Braddon
Based on the current median house price of $1,100,000, most buyers in Braddon will be looking at home loans in the range of $770,000 to $1,045,000, depending on their deposit size. With an 80% loan-to-value ratio (LVR), a typical loan would be around $880,000.
For unit buyers, loan amounts typically range from $364,000 to $494,000. First home buyers in Braddon may be eligible for state government grants and stamp duty concessions, which can significantly reduce upfront costs.
How We Help You Get a Home Loan in Braddon
As a mortgage broker, we compare home loan rates from over 50 lenders to find the best deal for your purchase in Braddon. Our service is free to you — we are paid a commission by the lender, which is disclosed in our Credit Guide. Whether you're a first home buyer, upgrader, or investor, we'll guide you through the process from pre-approval to settlement.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
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