Braidwood

Braidwood has a population of 1720, with steady population growth over the years. The suburb has a mix of age groups, with a significant number of residents aged 45 to 64 and 65 or over. The median household income is above average. The most common occupations include managers, professionals, and technicians/tradeworkers. Residents mainly commute by motor vehicle, with a notable portion working from home. The suburb offers a moderate educational advantage with an ICSEA percentile of 46.0. For house investors, Braidwood offers a diverse housing market with a good mix of property types. The suburb demonstrates potential for renovation opportunities given the high sale price IQR ratio. While the market absorption rate indicates moderate demand, the median growth has seen a decline. However, the rental yield is in line with the area's average. For unit investors, the market absorption rate is notably high, indicating strong demand. The suburb has shown positive growth trends in the medium to long term, with a low vacancy rate. Braidwood presents a stable and diverse housing market suitable for both home buyers and investors. With a mix of age groups and a focus on professionals and tradeworkers, the suburb offers a comfortable lifestyle. The educational advantage is moderate, and the commuting options are varied. Investors can find opportunities in both houses and units, with unique advantages for each property type. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022