Located in New South Wales within the Liverpool Plains local government area, Braefield is a quiet locality (postcode 2339). With a population of 64, the suburb has a mature demographic with a median age of 52. Households earn a median income of $84K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, machinery operators & drivers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
Braefield has a median house price of $300,000, holding roughly steady year-on-year. The current median weekly rent is $385. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 3 bus stops. The crime rate in the Liverpool Plains LGA is below average at 3,913 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 6.7% (high yield). Property prices sit below the state median ($300K/$1.5M), which can point to relative value. The price-to-income ratio of 3.6x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of -0.1% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.