Charlemont is a smaller suburb in Victoria within the Greater Geelong local government area (postcode 3217). With a population of 2,612, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $109K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Charlemont is $612,000, having risen modestly 0.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,733.
Charlemont is served by 1 school, including 1 secondary. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Charlemont offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($612K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +0.3% year-on-year.
Charlemont is a smaller suburb in Victoria within the Greater Geelong local government area (postcode 3217). With a population of 2,612, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $109K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Charlemont is $612,000, having risen modestly 0.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,733.
Charlemont is served by 1 school, including 1 secondary. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Charlemont offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($612K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.6x is considered affordable. House prices have moved +0.3% year-on-year.