Charmhaven

POSTAL CODE: NSW, 2263
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 7.93% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $809,500

The augmented property values in the suburb are trailing above the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $600.

Home owners selling their properties and realtors in CHARMHAVEN usually have to wait an average of 41.3 days days before their assets are lifted off the market.

The NSW suburb ranks 315th on the list of best yielding suburbs for rental properties in NSW, posting a 3.85% return.

It also places places 194th in Australia based on median property value growth during the quarter.

Surburb overview

Charmhaven is located on the Central Coast of New South Wales, within the Central Coast Council's jurisdiction and postcode 2263. It lies approximately 110 kilometres north-northeast of the Sydney central business district.

At the 2021 Census, the suburb’s population was recorded at 2,501 people with a median age of 39 years. Of that population, 7.8 per cent identified as Aboriginal and/or Torres Strait Islander.

The average household size stood at roughly 2.6 persons, and the median weekly household income was about $1,392.

In terms of transportation, the suburb is served by the Pacific Highway corridor and several bus routes linking to neighbouring centres. The nearby rail network is accessed via surrounding hubs rather than within the suburb itself. Private vehicles dominate commuter traffic.

Essential amenities, including retail, medical services and schools, are located in and around the area, though some are situated in adjacent suburbs. The residential landscape is predominantly composed of separate houses at moderate density, and zoning patterns reflect a mix of residential and lakeside-fringe development.

Recreational options are enhanced by the suburb’s proximity to water bodies, such as Budgewoi Lake, offering opportunities for lakeside walks, fishing, and boating. Green spaces and reserves support a local outdoor lifestyle.

The housing market shows a median house sale price around $755,000 as recently reported, with house rental yields in the vicinity of 4.2 per cent. The area experienced modest capital growth of about 1.75 per cent over the past 12 months.

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