Located in South Australia within the Adelaide Hills local government area, Charleston is a close-knit residential community (postcode 5244). The area has roughly 550 residents and an established family demographic, with a median age of 42. Households earn a median income of $110K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, German.
The median house price in Charleston is $750,000, having fallen sharply by 23.3% over the past year. The current median weekly rent is $670. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,920.
Public transport access includes 1 bus stop. The crime rate in the Adelaide Hills LGA is low at 364 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.6% (moderate yield). Property prices are near the state median ($750K/$980K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved -23.3% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.