Braemar vs Renwick

Braemar (median $980,000) is roughly 23% cheaper to buy into than Renwick ($1,277,500). Over the past year, Braemar (+7.7%) ran 3.6 percentage points ahead of Renwick (+4.1%) on house-price growth.

Buying in Braemar or Renwick?

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Braemar and Renwick side by side

MeasureBraemarRenwick
Price and market
Median house$980,000$1,277,500
Median unit$343,440$343,440
House price change, 12 months+7.7%+4.1%
Renting
House rent$750/wk$750/wk
Owner occupied69.0%82.0%
Renter occupied30.0%17.0%
Schools
Schools nearby1315
Average ICSEA10241043
Lifestyle and people
Walk score4–
Transit score0–
Bike score5–
Population9661,453
Median age3437
Climate
Annual rainfall823 mm852 mm
Mean max, January26.0°C25.9°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Renwick (1043) sits above Braemar (1024). Renwick skews owner-occupied (82%), Braemar runs more rental-dense (69% owner).

For buyers
Braemar is the lower entry point at $980,000 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Braemar carries both higher gross yield (3.98% vs 3.05%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Renwick edges out on average school ICSEA (1043 vs 1024).

Braemar vs Renwick: common questions

Is Braemar or Renwick cheaper to buy in?

Braemar has the lower median house price at $980,000, roughly 23% below Renwick ($1,277,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Braemar or Renwick?

Over the past 12 months, Braemar grew +7.7% vs +4.1% in Renwick, a gap of 3.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Braemar or Renwick have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Renwick scores 1043 vs 1024 in Braemar. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Braemar or Renwick?

Gross rental yield on houses is 3.98% in Braemar vs 3.05% in Renwick. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.