Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.
VERDICT
BUY
Rental Pressure Market
DEMAND
57 buyers/listing
Strong↑
LIQUIDITY
30d DOM
Neutral→
AFFORDABILITY
11.6% vs 5yr
Neutral→
GROWTH OUTLOOK
Good
Strong↑
YIELD
4.3%
Strong↑
SUPPLY PRESSURE
0.6% vacancy
Strong↑
#7/35GoodStructure 65$811K
Atlaso rates Charlestown units as BUY for capital growth. Vacancy is extremely tight at 0.59%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.
At $811K, Charlestown ranks #7 of 35 units in Newcastle. The long-term structural outlook is Good. Prices grew 5.4% over the past year.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned units identified in Newcastle.
Atlaso rates Charlestown as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Charlestown and 46 Australian cities to generate this rating.
What is the median house price in Charlestown?
The current median house price in Charlestown, nsw is $811K, with annual growth of +15.9%. Properties sell in approximately 30 days.
How fast do properties sell in Charlestown?
Properties in Charlestown sell in 30 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Charlestown?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Charlestown's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Charlestown?
The gross rental yield for houses in Charlestown is 4.3%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).