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Investment Property Charlestown, NSW, 2290

Suburb Snapshot

Charlestown is a suburb in the Lake Macquarie Region of New South Wales. Charlestown has a population of 12,914 people and 22.72% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 2.27% over the past year and changed 5.88% over 2 years.

The median rent in Charlestown for houses is $650 per week and the median rental yield is 3.75%. Stock on the market for houses/townhouses has changed 4.35% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $625,000 and this has changed 4.16% over the past year. The average unit takes 116 days to sell and the median rent for a unit in Charlestown is $520 per week, producing a rental yield of 4.32%.

Supply & Demand in Charlestown, Lake Macquarie

0.62%

Current vacancy rate


38

Rental stock available


12,914

Population


22.72%

Rental population


0.51%

Current vacancy rate


484

Rental stock available


197,369

Population


21.07%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Charlestown, Lake Macquarie

  House Townhouses Units
Median listing price $900,000 $744,500 $625,000
Median price change - last quarter 0.55% 1.29% -1.97%
Median price change - 1 year 2.27% 9.48% 4.16%
Median price change - 2 years 5.88% 12.37% 5.93%
  House Townhouses Units
Median weekly rent $650 $610 $520
Median yield % 3.75% 4.26% 4.32%
Median rent change - 1 year 11.11% 10.90% 9.47%
  House Units
Previous month sales 21 4
Stock on market previous month 48 18
Stock variance vs. last year 4.35% -28.00%
Average days on market 74 116

Charlestown investment property listings

Showing 1 of 1 investment properties found in Charlestown on realestateinvestar.com.au

Macquarie Tower 4 Dudley Rd, Charlestown

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Macquarie Tower High Profile Retail Opportunities

Macquarie Tower is situated conveniently on the corner of the Pacific Highway and Dudley Road in Lake Macquarie's CBD, Charlestown. Offering expansive and unrivalled views across some of Lake Macquarie's most well-renowned landmarks, Macquarie Tower will encompass two premium ground floor ...

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Commercial

NSW 2290


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