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Charters Towers City
AREA REPORTS

Charters Towers City

Charters Towers City - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4820

house

CHARTERS TOWERS CITY, 4820 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling CHARTERS TOWERS CITY, 4820 values up and netting property investors a capital gain of 32.08% for the past year.

Investors saw the median home price rise to $158,500.

Profits due to an upward trend in home prices in the suburb averaged 4.07% per annum over a 3-year period.

CHARTERS TOWERS CITY now ranks at the 6th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CHARTERS TOWERS CITY are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $245 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CHARTERS TOWERS CITY, homes and units usually stay on listing for an average of 114.3 days.

In 2016, 40 properties were sold in CHARTERS TOWERS CITY during the past year, making it the 314th most active market in QLD based on total real estate transactions.

Data report can be found below

Charters Towers City
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $158,500 N/A
GROWTH REPORT
Median Quarterly 19.17% N/A
Median 12 month 32.08% N/A
Median 3 years 12.21% N/A
Median 5 years 3.93% N/A
10 years average annual -1.01% N/A
Weekly media advert. rent $245 N/A
Time on Market 114.3 days N/A
Gross Rental Yield Percent 8.04% N/A
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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