Investment property in Charlestown has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.00%
Over the longer term, Charlestown has seen property prices show investors a 13.53% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Charlestown should be aiming for at least -7.98% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Charlestown the average time real estate has been on the market is 60.848 days.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Property value increases in Charlestown have tracked close to the NSW average of -4.02% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Charlestown has increased when compared to the 5 year average annual rate.
Charlestown, 2290 is offering NSW ‘s 93th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
The NSW suburb of Charlestown, 2290 is in the Lake Macquarie (C) local government area.