Town by town snapshot

November 19, 2020 BY

This recently built four-bedroom Charlemont home sold last month for $550,000.

The size of Charlemont is about 10.5 square kilometres with the population recorded at 1,798 in 2011, and by the 2016 Census the population was 364 showing a population decline of 80 per cent in the area during that time (this anomaly 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 housing more than 1,000 residents with its southern border at Boundary Road.
Popular residential estate Charlemont Rise is the most significant development in this emerging suburb with another leading development, Ashbury Estate, starting at Charlemont’s Southern boundary.
CoreLogic data indicates that the predominant age group in Charlemont is 50-59 years with households in Charlemont being primarily couples with children and are likely to be repaying $1,400-$1,799 per month on mortgage repayments, and in general, people in Charlemont work in a trades occupation.
In 2011, 72.5 per cent of the homes in Charlemont were owner-occupied compared with 75.8 per cent in 2016.
TIDBIT:
There have been 714 land sales recorded in the suburb of Charlemont since 2016

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