Suburb Profile Report for Charlestown NSW (2290)

Charlestown House: Median price $545,000, Annual capital growth 5.55%, Number of sales 236, Weekly median advertised rent $425

Charlestown Unit: Median price $387,000, Annual capital growth 3.39%, Number of sales 125, Weekly median advertised rent $353

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Charlestown, 2290 have given investors a capital gain of 3.61%. This compares badly with the 7.47% for NSW as a whole.

If we look at median property appreciation over just the last three months, Charlestown has given property investors a paper return of 1.87%. This puts Suburb as 729 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Charlestown should be aiming for at least -4.93% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 19.67 sales per month, which equates to 236 per year.

Giving property investors a an average capital gain of 1.84% for the last year, Charlestown, 2290 is the 944th highest performer in Australia in this respect.

Comparing Charlestown,2290 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Charlestown2290 is located in NSW which offers an average discount of -4.41% to property investors. Charlestown itself is showing figures that indicate -3.67% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $4230 per annum or $352.5 every week.

Metrics i HOUSE UNIT
$545,000 $387,000
1.87% 1.84%
3.61% 1.84%
5.55% 3.39%
$425 $353
236 125
4.06% 4.74%
53.67 46.33

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 12411
Median household income ($/weekly) 1244
Median age of persons 39
Median housing loan repayment ($/monthly) 1850
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1316 10.6
    25-34 years 1790 14.4
    35-44 years 1652 13.3
    45-54 years 1536 12.4
    55-64 years 1421 11.4
    Others 4697 37.8
    Age Group
    Census Count Percent(%)
    Registered Married 4833 50.8
    Not Married 3826 40.3
    Defacto Relationship 846 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 10478 87.8
    Japan 84 0.7
    Papua New Guinea 109 0.9
    United Kingdom 385 3.2
    Other 197 1.7
    Others 681 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 149 1.3
    Christianity 8860 76.4
    Hinduism 62 0.5
    Islam 40 0.3
    No Religion 2437 21.0
    Others 42 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 485 10.9
    $600-$799 427 9.6
    $800-$999 393 8.9
    $1,500-$1,999 612 13.8
    $2,000-$2,499 432 9.7
    Others 2086 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3741 37.9
    Not in the labour force 3497 35.4
    Employed, worked part-time 1967 19.9
    Employed, away from work 384 3.9
    Unemployed, looking for work 278 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 621 10.2
    Professionals 1426 23.4
    Technicians & trades workers 940 15.4
    Clerical & administrative workers 991 16.3
    Sales 681 11.2
    Others 1431 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 232 8.5
    Infants/Primary 837 30.7
    Secondary 737 27.0
    Technical or Further Educational Institution 280 10.3
    University or other Tertiary Institutions 577 21.1
    Others 67 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10049 85.1
    Flat, unit or apartment 897 7.6
    Semi-detached, row or terrace house, townhouse 849 7.2
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1922 40.4
    Being purchased 1663 35.0
    Rented 1150 24.2
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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