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Charlestown vs Ingleburn

Property investment comparison - Charlestown, NSW 2290 vs Ingleburn, NSW 2565

Head-to-head across core investment metrics: Charlestown wins 3, Ingleburn wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCharlestownIngleburn
Median house price$1.1M$1.1M
Median unit price$730K$725K
Gross rental yield (houses)3.50%-
Gross rental yield (units)4.46%4.20%
1-year house growth+14.9%+10.6%
3-year house growth+24.0%+19.2%
Vacancy rate1.9%1.2%
Population13,60115,264

Charlestown vs Ingleburn: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Charlestown and $1.1M in Ingleburn.

For units, Charlestown sits at a median of $730K against $725K in Ingleburn, which makes Ingleburn the more affordable unit market and Charlestown the pricier one.

Over the past year house prices moved +14.9% in Charlestown and +10.6% in Ingleburn, so recent momentum favours Charlestown, although both suburbs recorded growth.

Looking back three years, Charlestown houses are +24.0% and Ingleburn houses +19.2%, so Charlestown has compounded faster than Ingleburn over the longer window.

Rental vacancy is 1.2% in Ingleburn and 1.9% in Charlestown, so landlords in Ingleburn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ingleburn is the bigger suburb, with a population of 15,264 against 13,601, larger than Charlestown; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Charlestown for recent price momentum, Ingleburn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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