Charlestown has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.15% to date .
The five-year average increase in median property values for Charlestown,2290 has given property investors a potential capital gain of 37.18% across each of those five years.
Vendor discounting in Charlestown is giving property investors an average Vendor Discount of around -5.46%. This puts suburb at number 532th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $425 weekly from the median priced house in this suburb.
Charlestown has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.76% to date .
Charlestown,2290 was ranked 1356 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Charlestown itself are offering an average vendor discount of -4.06% to real estate investors.
Situated 91.70km from the CBD, Charlestown is one of Lake Macquarie localities in the postcode 2290.