Charnwood is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2615). With a population of 3,055, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Charnwood is $715,000, having dipped slightly 1.4% over the past year. Units have a median price of $616,000 (+53.9% YoY). The median weekly rent is $380 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,755.
Charnwood is served by 2 schools, including 2 primary. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,895 incidents per 100,000 population.
From an investment perspective, Charnwood offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($715K/$1.0M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved -1.4% year-on-year.
Charnwood is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2615). With a population of 3,055, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Charnwood is $715,000, having dipped slightly 1.4% over the past year. Units have a median price of $616,000 (+53.9% YoY). The median weekly rent is $380 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,755.
Charnwood is served by 2 schools, including 2 primary. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,895 incidents per 100,000 population.
From an investment perspective, Charnwood offers a gross rental yield of 2.8%, rated as low yield. Property prices sit below the state median ($715K/$1.0M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved -1.4% year-on-year.