Charlestown is Newcastle's southern hub, known for its major regional shopping centre, solid school access and comfortable family lifestyle. More affordable than inner Newcastle suburbs, it attracts first home buyers and investors who want good capital growth with lower entry costs. At the current $682k median house price, an 80% loan at 6.25% over 30 years is about $3,359 per month.
| Median house price | $682,000 |
|---|---|
| Median unit price | $460,000 |
| Estimated monthly repayment | $3,359 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.8% |
| Gross rental yield | 4.2% |
| Typical days on market | 24 |
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