Question 1

Is Charlton a nice place to live?

Accepted Answer

Charlton is a small rural town on the banks of the Avoca River that serves the surrounding grain and sheep farms. Its compact main street mixes heritage brick and timber buildings with everyday shops and services, and the town supports active sporting clubs, a community hall and river reserves that are popular with walkers and anglers. Housing ranges from older weatherboard cottages on generous blocks to more recent brick homes, and regional roads link Charlton to larger centres.

With a population of 1,095 and a median age of 56, Charlton is a community weighted towards couples and higher levels of home ownership, with about five in six dwellings owner-occupied and roughly four in five families made up of couples. Recent local investment includes state budget funding listed for CFA station builds and upgrades, noting the current station is undersized and a newer tanker does not fit, and riverbank repair works are under way to protect the town’s weir pool on the Avoca River. Whether Charlton suits you will depend on whether this rural, settled way of life matches what you’re after.

Question 2

Is it expensive to live in Charlton?

Accepted Answer

There haven't been enough recent property sales or rentals in Charlton to publish reliable price and rent figures. Without those figures, there isn't a clear picture of how housing costs compare with local household incomes, so it's not possible to say whether living in Charlton is expensive from the available data.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Charlton a good place to invest?

Accepted Answer

House values in Charlton rose 27.3% over the past 12 months, a strong increase in the capital value of houses during that period. That figure is the capital growth measure, so for someone weighing Charlton as an investment it shows substantial price appreciation on the house side over the last year.

There isn't enough recent data on rents or unit values to describe the suburb's rental performance or the unit market, so if rental income or units are central to your plans those aspects can't be judged from these figures alone. Whether the recorded house price rise fits your investment goals depends on what you want from a property and your personal circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	27.3%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	85	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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