Charlemont is a dynamic suburb with a growing population, making it an attractive destination for both investors and home buyers. With a population of 2,612, a median age of 29, and a household income of $2,102 per week, Charlemont offers a youthful and vibrant community for those considering buying or investing in local property.
- Charlemont boasts a median sale price of $651,000 for houses, reflecting a yearly growth of 8.5%.
- The suburb’s population is 2,612 with a median age of 29, showcasing a young demographic.
- The area’s median household income is $2,102 weekly, supporting a sustainable community.
- With a median rent of $415 per week, Charlemont provides affordable living options.
What do the numbers say in Charlemont?
According to DataVic/REIV, Charlemont’s median sale price for houses stands at $651,000 as of the April-June 2025 quarter, representing a positive year-on-year growth of 8.5%. The land market also shows a median price of $326,000, although there has been a slight quarterly decline of 3.4%, it still reflects a yearly increase of 1.9%. The rental market remains competitive, with a median rent of $415 per week.
These statistics indicate a robust property market, suitable for strategic investing in Charlemont. The attractive growth rates suggest potential returns that are appealing to property investors and those looking to enter the market.
What are the key considerations?
Charlemont’s strong market performance is complemented by its demographic profile. Based on the ABS Census 2021 data, the median household income is $2,102 per week. This indicates a financially stable community capable of supporting a varied housing market. With a median age of 29, Charlemont attracts a vibrant, young population, ideal for families and professionals alike.
As part of the thriving Geelong region, Charlemont residents benefit from handy transport links and local amenities, adding to the suburb’s appeal. Its proximity to Melbourne (consider exploring the Melbourne suburb profile) expands lifestyle and investment options for discerning buyers.
How does Collings help?
Collings Real Estate provides strategic insights and personalized assistance for anyone interested in investing in Charlemont. Our experienced team is available to guide you through the nuances of the local market. For an in-depth discussion, contact us at 03 9486 2000. You can also email us at info@collings.com.au or visit us at our Ivanhoe office.
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Frequently asked questions
What is the demographic profile of Charlemont?
The Australian Bureau of Statistics 2021 Census records Charlemont’s population at 2,612, with a median age of 29 years and a median household income of $2,102 per week. This youthful demographic is indicative of a vibrant community.
What are the housing market trends in Charlemont?
Charlemont’s median house price has grown by 8.5% year-on-year, reaching $651,000. The land market also shows promise, with a median price of $326,000. These figures suggest strong potential for property value appreciation.
Why should I consider investing in Charlemont?
With strong growth metrics in both housing and demographic characteristics, Charlemont presents numerous opportunities for investors. Its proximity to major markets and amenities further enhances its appeal.
The Charlemont suburb profile solidifies its standing as a prime location for investment and lifestyle enhancement. Interested parties are encouraged to explore the opportunities and speak with a Collings property strategist today.
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