Charlestown NSW 2290
Charlestown is in Lake Macquarie LGA, NSW, postcode 2290, with population 13,601.
Strong evidence
Charlestown has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 53% of annual income. Postcode-derived rent for 2290. Multiple suburbs can share this rental market signal.
Open matching rent ranking →896 latest-year approvals in Lake Macquarie, +0.0% YoY; population +1.1% YoY (1.2% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 53% of annual income. Snapshot rent $640/wk.
Postcode-derived rent for 2290. Multiple suburbs can share this rental market signal.
Charlestown has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
No major visible gaps in the current status panel.
Charlestown currently reads as a growth-momentum candidate.
Recent price movement shows visible market momentum. School coverage gives the page a stronger family/livability signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Recent price movement shows visible market momentum. School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Charlestown NSW
Charlestown is a well-established suburb in New South Wales within the Lake Macquarie local government area (postcode 2290). With a population of 13,601, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Charlestown is $1.2 million, having surged 15.3% over the past year. Units have a median price of $730,000 (+5% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,000.
Charlestown is served by 5 schools, including 5 primary. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 110 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Lake Macquarie LGA is below average at 3,436 incidents per 100,000 population.
From an investment perspective, Charlestown offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +15.3% year-on-year. Population growth of +1.1% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Charlestown is a well-established suburb in New South Wales within the Lake Macquarie local government area (postcode 2290). With a population of 13,601, the suburb has an established demographic with a median age of 38. Households earn a median income of $96K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Charlestown is $1.2 million, having surged 15.3% over the past year. Units have a median price of $730,000 (+5% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,000.
Charlestown is served by 5 schools, including 5 primary. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 110 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Lake Macquarie LGA is below average at 3,436 incidents per 100,000 population.
From an investment perspective, Charlestown offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +15.3% year-on-year. Population growth of +1.1% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Charlestown FAQ
Common questions-
What LGA is Charlestown in?
Charlestown is in the Lake Macquarie Local Government Area, NSW, postcode 2290. Council-level context for Lake Macquarie LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Charlestown?
The current median house price in Charlestown, NSW is $1.2M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Charlestown?
The median weekly rent in Charlestown is $640/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Charlestown?
Income-stretched rent market: Weekly rent screens at about 53% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Charlestown a good investment?
QuickProperty's investment signals for Charlestown show: Low Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Charlestown?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Charlestown data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.