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.