Charleston is a small community in South Australia within the Adelaide Hills local government area (postcode 5244). With a population of 550, the suburb has an established demographic with a median age of 42. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, German.
The median house price in Charleston is $750,000, having dropped significantly 28.3% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,920.
Public transport access includes 1 bus stop. The crime rate in the Adelaide Hills LGA is low at 364 incidents per 100,000 population.
From an investment perspective, Charleston offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($750K/$950K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved -28.3% year-on-year.
Charleston is a small community in South Australia within the Adelaide Hills local government area (postcode 5244). With a population of 550, the suburb has an established demographic with a median age of 42. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, German.
The median house price in Charleston is $750,000, having dropped significantly 28.3% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,920.
Public transport access includes 1 bus stop. The crime rate in the Adelaide Hills LGA is low at 364 incidents per 100,000 population.
From an investment perspective, Charleston offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($750K/$950K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved -28.3% year-on-year.