Charlestown, NSW
FAIR VALUE11,235 sales · 36 years of data · NSW, Australia
Charlestown, NSW Property Market Overview
Charlestown, NSW, 2290, offers a diverse property market approximately 10 kilometres southwest of Newcastle CBD. With 36 years of recorded sales data, AusPropertyInsights.app has analysed 11,235 property transactions in Charlestown, providing a comprehensive overview of this established suburb. The current median property price in Charlestown (all types) sits at $903,000, reflecting a mix of houses and apartments.
Charlestown is notable for its blend of residential living and commercial activity, featuring a large regional shopping centre and convenient access to Newcastle and surrounding areas. The suburb presents a range of property options, from family homes to apartment living, catering to a variety of lifestyles. The current median house price is $990,000, while apartments have a median price of $695,000. Historical data reveals a 10-year Compound Annual Growth Rate (CAGR) of 6.9% for Charlestown properties.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Charlestown
Top streets in Charlestown, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Park St | $1,040,000 |
| 2 | Kaleen St | $1,190,000 |
| 3 | Tirriki St | $1,040,000 |
| 4 | Kalora Cres | $1,090,000 |
... and 222 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Milson St | $6,003/m² |
| 2 | Joanna Cl | $2,720/m² |
| 3 | Griffiths St | $3,974/m² |
| 4 | Dudley Rd | $6,132/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Edward St | +12.0% |
| 2 | Dudley Rd | +8.5% |
| 3 | Patricia Ave | +11.3% |
| 4 | Alexander Pde | +8.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 2 Charles St | $690,000 |
| 2 | 84 Dudley Rd | $1,025,000 |
| 3 | 51 Dudley Rd | $930,000 |
| 4 | 17 Milson St | $1,300,000 |
... and 108 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Charlestown analysis
226 streets and 112 buildings to explore
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Charlestown at a Glance
Charlestown, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Charlestown, NSW
Living in Charlestown offers a blend of suburban convenience and access to city amenities. Charlestown Square is a major regional shopping centre providing retail, dining, and entertainment options. Families are drawn to Charlestown for its schools, including Charlestown Public School and Charlestown South Public School. The suburb also offers green spaces like Charlestown Park, providing recreational areas for residents.
Charlestown boasts a vibrant community atmosphere with a mix of families, professionals, and retirees. Its proximity to Newcastle and beaches makes it an attractive location for those seeking a balanced lifestyle. The suburb provides essential services, medical facilities, and community centres, contributing to its appeal as a desirable place to live.
Who Buys in Charlestown?
Charlestown attracts a diverse range of buyers, reflecting its varied property types and lifestyle offerings. With a median house price of $990,000 and a median apartment price of $695,000, Charlestown appeals to both families seeking larger homes and individuals or couples looking for apartment living. The 23.7% strata ownership rate indicates a significant presence of apartment dwellers, including first-home buyers and downsizers.
The historical CAGR of 6.9% over 10 years may attract investors seeking long-term capital growth. However, the presence of families and the overall community feel make Charlestown a popular choice for owner-occupiers as well.
Market Analysis
AusPropertyInsights.app analysis indicates that the Charlestown property market, as of early 2026, is near its long-term trend, suggesting fair value. This cycle position reflects a market where property prices align reasonably with historical growth patterns and underlying economic conditions.
A market at fair value implies that Charlestown property prices are neither significantly overvalued nor undervalued compared to their historical performance. This suggests that current prices are supported by market fundamentals such as supply and demand, interest rates, and economic activity. While past performance is not indicative of future results, the current cycle position provides a snapshot of Charlestown's market health as of early 2026.
Is Charlestown a Good Investment?
Charlestown presents a compelling case for long-term property value appreciation due to several factors. The suburb's historical performance, reflected in a 10-year CAGR of 6.9% and a full-period CAGR of 6.1%, showcases consistent growth over time. The current market position near its long-term trend suggests a stable market, as of early 2026.
Charlestown's blend of residential and commercial activity, combined with its convenient location near Newcastle, contributes to its desirability. The diverse property mix, including houses and apartments, caters to a wide range of buyers and tenants. These elements, coupled with ongoing infrastructure development in the region, support the potential for continued property value growth in Charlestown.
Charlestown Market Outlook
As of early 2026, the Charlestown property market is currently near its long-term trend, suggesting a balanced market. Recent price trends indicate a period of stability, aligning with the overall economic conditions in the region. While market conditions can change rapidly, the current outlook suggests a continuation of steady growth in Charlestown. This assessment is based on historical data and current market indicators.
Streets & Location in Charlestown, NSW
Charlestown, postcode 2290, is characterised by its established residential streets and convenient location. AusPropertyInsights.app data reveals PARK ST, KALORA CRES, and TRENT ST as streets with some of the highest median property prices in the suburb. With a total of 226 streets, Charlestown offers a variety of living environments, from quiet residential areas to more bustling commercial hubs. Its proximity to Newcastle and the coast makes Charlestown a desirable location for many.
Market Dynamics
The Charlestown property market demonstrates relatively efficient transaction times. The average settlement timeframe for properties in Charlestown is 47 days. While quick-flip data is currently unavailable, the average settlement time provides insight into the speed of transactions in the area. These factors contribute to the overall dynamics of the Charlestown property market, influencing both buyers and sellers.
Development & Density
Charlestown features a mix of housing types, reflecting its evolution as a residential and commercial centre. The suburb contains 112 apartment buildings, contributing to the 23.7% strata ownership rate. This indicates a significant proportion of apartment living within Charlestown. The balance between houses and apartments provides diverse housing options and influences the overall character of Charlestown's built environment.
Growth & Property Mix
Charlestown's historical performance reveals consistent growth over the long term. The 20-year Compound Annual Growth Rate (CAGR) stands at 5.3%, while the full-period CAGR (36 years) is 6.1%. These figures indicate a steady increase in property values over time. The property mix in Charlestown is diverse, with apartments accounting for 23.7% of the market, offering a range of investment options.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.