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Charlestown

Data last updated: 12 Jun 2025

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Suburb Description

Charlestown is a vibrant and dynamic suburb located in the Lake Macquarie region of New South Wales, approximately 10 kilometres southwest of Newcastle's Central Business District (CBD). It serves as a prominent commercial and residential hub, well-known for its extensive Charlestown Square shopping centre, offering a wide array of retail, dining, and entertainment options. The suburb is appealing for both families and professionals, boasting numerous parks and recreational facilities, as well as convenient public transport links and proximity to major road networks. Charlestown offers a balanced lifestyle, combining urban conveniences with natural attractions like nearby beaches and the Glenrock State Conservation Area. [2, 3, 6, 10, 19, 23, 25]

Suburb Details

Current median house price:

930000

Current median unit, townhouse, villa, apartment price:

647500

Current overall median rent weekly:

650

Annual rent growth rate:

12.1%

Number of properties for sale:

64

Current house rental yield:

3.8%

Current unit rental yield:

4.5%

Current vacancy rate:

0.4%

Number of houses sold in last 12 months:

207

Number of units sold in last 12 months:

122

Number of properties sold recently:

316

Time on Market

Current time on market for houses:

27

Current time on market for units:

34

Growth Information

Growth - House past 12 months:

3.52%

Growth - House past 24 months:

5.88%

Growth - Unit, townhouse, villa, apartment past 12 months:

3.20%

Demography

Population:

13601

Median age:

38

Gender distribution:

Male: 49.0%

Female: 51.0%

Person type:

Families - Count: 3791

Families - Average children per family: 0

Married: 48.6%

Separated: 12.2%

Divorced: Not explicitly separated from 'separated'

Not married: 39.2%

Salary:

Weekly household income: $1,431

Average annual income range: $78,000 - $130,000

Public housing:

Percentage: Not readily available in public search results.

Street information: Not readily available in public search results.

Property ownership types:

Fully owned: 37.43%

Being purchased: 34.61%

Being rented: 26.2%

Other or not stated: 1.76%

Property types:

Separate house: 76.2%

Semi-detached: 14.91%

Flat/unit/strata: 8.88%

Other: 0%

Median Price History

Type Bedrooms Year Price
Year House Unit

Rent Price History

Type Bedrooms Year Price
Year House Unit