Suburb Profile Report for Charlestown NSW (2290)

Charlestown House: Median price $571,000, Annual capital growth 5.87%, Number of sales 233, Weekly median advertised rent $430

Charlestown Unit: Median price $393,750, Annual capital growth 3.50%, Number of sales 126, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Charlestown have tracked close to the NSW average of 9.74% over the last 12 months.

Charlestown,2290 was ranked 886 in Australia by increase in median property value over the quarter.

The most recent median price for Charlestown is $571000, with sellers offering an average of -4.70% off the asking price.

Charlestown is 449th on a list of best yielding suburbs for rents in NSW with a 3.92% return

NSW has seen average median house prices change by 6.96% which means that Charlestown, 2290 has done well for property investors by showing a capital gain of 2.27% over the last year

The five-year average increase in median property values for Charlestown,2290 has given property investors a potential capital gain of 19.32% across each of those five years.

Vendor discounting in Charlestown is giving property investors an average Vendor Discount of around -3.62%. This puts suburb at number 285th in NSW when ranking the most discounted suburbs.

Situated 70.68km from the CBD, Charlestown is one of Lake Macquarie localities in the postcode 2290.

Metrics i HOUSE UNIT
$571,000 $393,750
4.77% 2.27%
8.26% 2.27%
5.87% 3.50%
$430 $360
233 126
3.92% 4.75%
44.98 45.26

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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