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Charam, VIC 3318
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$400,000
Median Unit
$200,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Charam
Charam has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Charam market and investor summary
In Charam, VIC 3318, the median house sells for around $400K. At 0.6% vacancy, it is a tight rental market that favours landlords.
Living in Charam: people, income and schools
About 42 people live in Charam, a count that has slipped about 5% over five years. At a median age of 53, it reads as an older, established demographic, and families account for 56% of households.
The typical household income runs to around $53,000 a year (about $1,010 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 7.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
- Population
- 42
- -5% over 5yr
- Median age
- 53 years
- Median household income
- $53,000/yr
- Households renting
- 19%
- Family households
- 56%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Charam
No properties currently listed in Charam
Search Charam listings →Frequently asked questions about Charam
What should I check before investing in Charam?
Charam has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Charam?
The median property price in Charam, VIC 3318 is $400K for houses.
How tight is the rental market in Charam?
The current vacancy rate in Charam is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Charam?
Charam has a population of approximately 42 residents, with a median age of 53.
Is Charam affordable to buy in?
A median house in Charam costs about 7.6 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Charam's population growing?
The population of Charam has fallen about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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