Braemar Bay, nestled in the picturesque region of Snowy Monaro, NSW, offers a unique and serene living environment, making it an appealing location for potential homeowners. The housing market in Braemar Bay is characterized by a selection of properties that range from charming holiday homes to expansive family residences, many of which boast views of the pristine Lake Eucumbene. Property prices in this area have been relatively stable, reflecting a demand driven by both local and interstate buyers looking for a quiet retreat or a seasonal home near the snowfields. The market here is less volatile than in metropolitan regions, providing a sense of financial assurance to prospective buyers. Additionally, the region's natural beauty and recreational opportunities have contributed to a steady interest in the local real estate scene.
Living in Braemar Bay is an experience defined by tranquility and closeness to nature. Residents enjoy a peaceful lifestyle amidst the stunning landscape of the Snowy Mountains, with endless opportunities for outdoor activities such as fishing, boating, hiking, and during winter, skiing in nearby alpine resorts. The community is tight-knit and welcoming, often drawing people together through local events and a shared appreciation for the environment. Despite its somewhat remote setting, essential amenities and services are accessible in nearby towns, ensuring a comfortable living experience. The area appeals particularly to those who value a slower pace of life, without sacrificing the natural adventures that await just outside their doorsteps.
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Thinking about buying in Braemar Bay? Now could not be a better time, with just 89 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $657,000 with prices in this suburb ranging from $417,000 to $702,000. The aproximate distance to the coast is 122 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Braemar Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Braemar Bay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Braemar Bay there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.1 | 30.7 | 28.7 | 87.9 | 3.6 | 25.2 |
Feb | 2.4 | 13.4 | 27.9 | 36.3 | 91.4 | 3.6 | 21.2 |
Mar | 3.2 | 11.3 | 24.4 | 42.8 | 94.5 | 3.3 | 17.0 |
Apr | 1.3 | 7.4 | 21.3 | 42.8 | 94.9 | 2.7 | 13.9 |
May | 1.1 | 2.4 | 16.4 | 47.7 | 96.9 | 2.5 | 11.0 |
Jun | 1.8 | 1.4 | 13.3 | 55.8 | 97.4 | 2.8 | 8.9 |
Jul | 1.1 | 0.6 | 12.7 | 54.4 | 95.9 | 3.8 | 9.5 |
Aug | 1.4 | 0.6 | 14.0 | 45.3 | 94.7 | 3.6 | 12.6 |
Sept | 1.8 | 3.1 | 17.8 | 41.0 | 93.8 | 3.6 | 17.0 |
Oct | 1.8 | 6.2 | 21.4 | 36.9 | 93.0 | 3.5 | 20.7 |
Nov | 2.1 | 9.5 | 25.4 | 30.9 | 89.1 | 4.3 | 25.0 |
Dec | 1.9 | 12.4 | 28.6 | 27.9 | 87.8 | 3.6 | 26.6 |
source: Australian Government Bureau of Meteorology
12-11-2021 | $900,000 | 364 Braemar Bay Road |
03-11-2021 | $265,000 | 2718 Eucumbene Road |
18-12-2020 | $575,000 | 40 Archies Lane |
28-07-2017 | $452,000 | 40 Archies Lane |
18-10-2016 | $270,000 | 66 Archies Lane |
02-04-2015 | $920,000 | 364 Braemar Bay Road |
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