Town snapshot – Charlemont

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Suburb Profile: Charlemont

The size of Charlemont is approximately 10.5 square kilometres with the population of Charlemont recorded at 347 in 2016 and by the 2021 Census the population had swelled to 10,300 showing a population increase of 3000% in the area during that time.

This anomaly in population data from 2016 is due to boundary changes as part of the Armstrong Creek growth corridor implementation.

Like the neighbouring emerging suburbs of Armstrong Creek and Mount Duneed, Charlemont has rapidly changed from a rural lifestyle area to more intensive urban living area boasting more than 3,000 homes.

Significant developments in this suburb that have contributed most of the residential growth have been Charlemont Rise and Ashbury Estate with many new estates now active in the market.

Charlemont has everything a growing community needs at its doorstop, shopping precincts, recreation, education and rail service.

CoreLogic data indicate that the predominant age group in Charlemont is 39-49 years with households in Charlemont being primarily couples with children and are likely to be repaying on average $1,755 per month on mortgage repayments, and in general, people in Charlemont work in a trades occupation.

TIDBIT:

In June 1853 the ship Earl of Charlemont struck what is now known as Charlemont Reef, about one mile south-west of Barwon Heads

Population: 10,300

Male: 47.5%

Female: 52.5%

Median age: 31

5 year population change: 3000%

House median sales price: $610,000

Change in median price: (5yrs) 31.2%

Median asking rent per week: $490

Average length of ownership: 4 years

Owner occupiers: 80%

Renters: 20%

House median value:

February 2024: $654,400

February 2023: $658,300

February 2022: $704,500

February 2021: $600,500

February 2020: $544,000

House sales per annum:

Period ending February 2024: 83

Period ending February 2023: 66

Land median sale price:

February 2024: $315,000

February 2023: $332,000

Land sales per annum:

Period ending February 2024: 41

Period ending February 2023: 136