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Charlemont suburb profile

Charlemont is a rapidly developing suburb located in the Greater Geelong region of Victoria, offering a blend of modern living and natural beauty. Situated just a short drive from Geelong's city centre and the Surf Coast, Charlemont provides residents with easy access to urban amenities and stunning beaches. The suburb is characterized by its new housing estates, catering to families and young professionals seeking affordable and contemporary homes. With planned infrastructure developments, including schools, parks, and shopping centres, Charlemont is poised to become a vibrant community hub, attracting those looking for a balanced lifestyle.

Charlemont property market performance

Charlemont’s property market has shown positive growth over the past 12 months, with house values increasing by 4.8%. The current median house price stands at $665,000. However, the suburb does not have a unit market, as indicated by the absence of unit sales and median prices.

In terms of sales activity, 46 houses were sold over the last 12 months, with houses spending a median of 26 days on the market, suggesting a relatively brisk pace of sales.

The rental market for houses in Charlemont has also seen an increase, with average rents rising by 3.9% over the past year, reaching $530. The absence of a unit rental market is consistent with the lack of unit sales.

HousesUnits
Median price
Past 3 months
$665KN/A
Change in value
Past 12 months
4.8%N/A
Sold
Past 3 months
46N/A
Median days on market
Past 12 months
26N/A
Average rent
Past 12 months
$530N/A
Change in rent
Past 12 months
3.9%N/A

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Charlemont infrastructure, key developments and investment opportunities

Charlemont is part of the fast-developing Armstrong Creek growth corridor, with ongoing residential estates, new parks and playgrounds progressively rolling out as the population expands.[1][4] The suburb benefits from proximity to the Geelong Ring Road and nearby train stations at Waurn Ponds and Marshall, improving commuter access to Geelong and Melbourne and supporting buyer interest from city workers seeking newer housing.[1] Local retail and services are still emerging, meaning day-to-day shopping often relies on nearby established centres, but continued greenfield development is expected to bring additional neighbourhood shops and community facilities over time, which may enhance convenience and long-term values.[1]

Families are drawn to Charlemont for its modern housing and closeness to education options in the wider Armstrong Creek and Waurn Ponds areas, including growing school and childcare capacity that underpins sustained demand for family homes.[1] Council planning for the broader Armstrong Creek urban growth area emphasises walkable neighbourhoods, open space and improved transport links, suggesting further infrastructure investment that is likely to support both livability and property price growth in the medium to long term.[1]

Charlemont rental market trends

The rental market in Charlemont has experienced modest growth, with house rents increasing by 3.9% over the past year to $530 per week. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Charlemont's evolving infrastructure and community development continue to attract interest from renters and investors alike.

Suburbs near Charlemont

Some popular suburbs near Charlemont include:

Common questions about Charlemont

  • Is Charlemont a nice place to live?

    Charlemont is a delightful suburb that offers a harmonious blend of modern living and natural beauty, making it a fantastic place to call home. With its rapidly developing infrastructure and proximity to both the vibrant city of Geelong and the stunning Surf Coast, Charlemont provides residents with the best of both worlds. The suburb is known for its contemporary housing estates, which are particularly appealing to families and young professionals seeking a fresh start in a welcoming community. The peaceful atmosphere and emerging amenities contribute to a comfortable and convenient lifestyle.

    Families will find Charlemont especially attractive due to its growing educational facilities and the promise of new parks and recreational areas. The suburb's commitment to creating a family-friendly environment is evident in its planning for walkable neighborhoods and open spaces, which encourage a healthy and active lifestyle. Safety is generally not a major concern, and the community's close-knit feel adds to the overall sense of security and belonging.

    While Charlemont is a charming place to live, there are some trade-offs to consider. As a developing suburb, local retail and services are still emerging, which means residents may need to rely on nearby established centers for day-to-day shopping and entertainment. However, the ongoing greenfield development promises to bring additional neighborhood shops and community facilities in the future, enhancing convenience and long-term value. For those who appreciate a balance of modern living with access to natural beauty and urban amenities, Charlemont is a wonderful choice.

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  • Is it expensive to live in Charlemont?

    Living in Charlemont, located near Geelong, offers a relatively affordable option compared to some of the more expensive suburbs closer to Melbourne. The current median house price in Charlemont is $665,000, which provides a more budget-friendly alternative for those looking to buy a home. It's worth noting that there are currently no units available, so the market is primarily focused on houses.

    For those considering renting, the average rent for houses in Charlemont over the last 12 months has been $530 per week. When you compare this to the Victorian state average wage of about $75,000 per year, housing costs in Charlemont are more manageable than in many other areas, especially when you consider the proximity to Geelong and its amenities.

    Overall, Charlemont presents a more affordable living option, especially for individuals and families who are looking to balance cost with access to the lifestyle and opportunities available in the Geelong area. If you're thinking of living in Charlemont, it's a suburb that offers a good mix of affordability and convenience.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Charlemont a good place to invest?

    Charlemont is emerging as a promising suburb for investment, especially for those seeking steady growth and rental income potential. Over the past 12 months, the median house value in Charlemont has increased by 4.8%, indicating a healthy appreciation in property values. This growth, coupled with a 3.9% rise in house rents, suggests a stable demand for housing in the area, making it an attractive option for investors looking for consistent returns.

    While the median unit values and rents have remained unchanged, this stability can be seen as a positive aspect for investors who prefer a low-risk environment. Charlemont's appeal lies in its balance of affordability and growth potential, making it a suitable choice for young families and professionals. The suburb's ongoing development and proximity to key amenities further enhance its attractiveness, ensuring a steady influx of residents and renters.

    Overall, Charlemont offers a balanced investment opportunity with its steady capital growth in houses and stable rental market. For investors seeking a suburb with a mix of growth potential and rental income, Charlemont presents a compelling option in the current market landscape.

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