Charlton is a small community in Victoria within the Buloke local government area (postcode 3525). With a population of 1,095, the suburb has an older demographic with a median age of 56. Households earn a median income of $50K per year, with an average household size of 2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Charlton is $297,000, having declined 7.2% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $758.
Charlton is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Buloke LGA is moderate at 4,877 incidents per 100,000 population.
From an investment perspective, Charlton offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($297K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered affordable. House prices have moved -7.2% year-on-year.
Charlton is a small community in Victoria within the Buloke local government area (postcode 3525). With a population of 1,095, the suburb has an older demographic with a median age of 56. Households earn a median income of $50K per year, with an average household size of 2 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Charlton is $297,000, having declined 7.2% over the past year. The current median weekly rent is $280. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $758.
Charlton is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Buloke LGA is moderate at 4,877 incidents per 100,000 population.
From an investment perspective, Charlton offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($297K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.0x is considered affordable. House prices have moved -7.2% year-on-year.