Gold was discovered in Braidwood in 1851. The discovery of alluvial ore in the Araluen Valley began a rush to the area with subsequent finds occurring at Majors Creek, Jembaicumbene and Mongarlowe River. Unlike many mining settlements, Braidwood endured and the population grew rapidly to approximately 10,000 residents. Today Braidwood is a charming heritage town that has key Victorian era gold rush streetscapes and buildings. It is a popular tourist destination.