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.