Charlestown, 2290 ranked 501th in NSW when comparing growth in median property values or capital gain over the last 12 months. Charlestown is one of 3162 in our list for NSW
Charlestown,2290 was ranked 2259 in Australia by increase in median property value over the quarter.
Charlestown, 2290 is offering NSW ‘s 751th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.22%, without taking into account capital value appreciation, which has been averaging out at 5.10%.
If you compare the increase in value of investment property in Charlestown, 2290 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.00%.
If we look at median property appreciation over just the last three months, Charlestown has given property investors a paper return of 0.00%. This puts Suburb as 280 on a list of fastest fasting appreciating suburbs in NSW
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 -3.59% to real estate investors.
Often selling an investment property can take time, and in Charlestown the average time real estate has been on the market is 55.89 days.
The NSW suburb of Charlestown, 2290 is in the Lake Macquarie local government area.