Charlestown continues to thrive as one of Newcastle's premier suburbs, with its dynamic real estate market, family-friendly community, and appealing lifestyle. Located just 10 km from Newcastle's CBD, Charlestown offers a blend of urban convenience and suburban tranquility.
Population and Demographics
Charlestown has a population of approximately 12,900, reflecting a 4.1% growth over the past five years. The suburb attracts a predominantly young and professional demographic, with the predominant age group being 30-39 years. Households are primarily composed of childless couples, and the average length of homeownership is 13 years, suggesting a stable and settled community.
Real Estate Market Overview
Sales Market
Charlestown's housing market remains robust, with a median house price of $902,500 over the past 12 months. The price spectrum offers variety for different budgets:
Median Price: $902,500
Lower Quartile Price: $825,000
Upper Quartile Price: $1,080,725
In the last month, 15 new properties have hit the market, with the average days on market being 51.
Recent Sales with Century 21 Novocastrian
Recent sales highlight Charlestown's wide range of offerings, including our listings from the past 3 months:
6/45-47 Dickinson Street: Sold for $644,000 (2-bed, 2-bath, 1-car unit)
24 Roslyn Avenue: Sold for $877,500 (3-bed, 1-bath, 1-car house)
36 Hillsborough Road: Sold for $965,000 (4-bed, 2-bath, 4-car house)
Currently for Sale with Century 21 Novocastrian
7 Downing Street: $1,050,000 - $1,105,000 (4-bed, 2-bath, 3-car house)
Rental Market
Charlestown's rental market also shows significant activity. The suburb currently has 47 rental listings, with a variety of homes available for tenants:
C21 Rentals:
203/2 Charles Street: $650 per week (2-bed, 2-bath, 1-car apartment)
2a Green Valley Road: $850 per week (4-bed, 2-bath, 2-car garage house)
4/9-11 Edward Street: $570 per week (2-bed, 1-bath, 1-car garage villa)
Market Dynamics
The real estate market in Charlestown maintains a healthy balance of supply and demand, with steady new listings and strong buyer activity. For investors, Charlestown offers compelling opportunities with stable gross rental yields and rising property values.
Key Figures:
New Sales Listings (Last 30 days): 15
Median Days on Market: 51
Total Rental Listings: 47
Why Choose Charlestown?
Charlestown's appeal lies in its accessibility to Newcastle, local amenities, and community atmosphere. The suburb boasts approximately 39 parks across its 7.1 km², offering a green and active lifestyle. Whether you're looking to buy, sell, or rent, Charlestown continues to stand out as a prime destination for real estate opportunities.
If you're considering buying your dream home, investing in property, or leasing, Charlestown provides endless opportunities in 2025. Stay tuned for more updates or contact us for the latest listings and market insights.
EMAIL | hello@c21newcastle.com.au
PHONE | 02 4943 6333
ADDRESS | 155 Pacific Highway, Charlestown NSW 2290
Source: The data and statistics presented in this article are sourced from Century 21 Novocastrian and CoreLogic's Suburb Profile Report for Charlestown, NSW, as of 6th January 2025.