Braidwood is a small community in New South Wales within the Queanbeyan-Palerang Regional local government area (postcode 2622). With a population of 1,720, the suburb has a settled, mature resident base with a median age of 50. Households earn a median income of $73K per year, with an average household size of 2.2 people. 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 professionals, managers, technicians & trades. Employment in the area leans toward public admin & safety and accommodation & food. The top ancestries reported are English, Australian, Irish.
Median house prices in Braidwood stand at $730,000, having dropped significantly by 8.7% over the last twelve months. Units have a median price of $555,000 (-21.8% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,700.
Braidwood is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 1 rail station, 32 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.3% (moderate yield). Property prices sit below the state median ($730K/$1.5M), which can point to relative value. The price-to-income ratio of 9.9x is considered moderate. House prices have moved -8.7% year-on-year.