Charlestown, NSW 2290

Charlestown has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +14.9% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

The median property price in Charlestown, NSW 2290 is $1.1M for houses and $730K for units.

The gross rental yield in Charlestown is 3.5% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

House prices in Charlestown are up 14.9% over the past year and up 24.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

The current vacancy rate in Charlestown is 1.9%. 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.

Charlestown has a population of approximately 13,601 residents, with a median age of 38.

There are 42 schools within roughly 5km of Charlestown. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

A median house in Charlestown costs about 11.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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.

The population of Charlestown has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.