SA5244· Pop. 4,451Mid Murray

CHARLESTON

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$1,590,000

SA Gov · 2026

Rent yield

2.2%

computed from govt data

Annual growth

88.2%

annualised from govt data

Vacancy rate

1.0%

modelled estimate

AI insights for CHARLESTON

Investment analysis, risks & comparisons

PREMIUM

CHARLESTON shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from SA Gov · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$670/wk

SA Housing Trust · Q1 2026

Demand change

+5.7%

annual shift

Yield × growth index

45.2

combined signal

Net yield (est.)

4.92%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+8.6%

est. compound, long-run avg

10-yr growth (CAGR)

+6.3%

est. compound, long-run avg

Rental demand

58 / 100

Strong demand

Supply pipeline

Est.

1.0%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2022

$566k

2023

$617k

2024

$883k

2025

$845k

2026

$1590k

Source: SA Gov · 2026 · all sources

Market overview

CHARLESTON is a SA suburb offering lower rental yield and strong price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Rental yield 2.2% with stable tenant demand
High annual growth of 88.2% — outperforming state average
Very low vacancy rate — high rental demand
Access to national transport network and amenities

Risk factors

High entry price may limit buyer pool
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,714/wk

$42k taxable p.a.

Renters

15.5%

80.0% owner-occupier

Median age

45.0 yrs

Unemployment

7.1%

Population growth

+1.0% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

75%

9% apartments

Degree qualified

13.3%

bachelor's or higher (ABS)

Work from home

12.0%

of employed residents (ABS Census)

Median lot size

2.0 ha

Large block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

0.7%

Mostly long-term tenants

Market activity

Distance to CBD

31.5 km

Outer suburbs

Days on market

56 days

Slower market

Auction clearance

38.3%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

38.5 km

Inland

NBN technology

Satellite

Remote — satellite connection

Population density

47/km²

Rural / semi-rural

Schools in postcode 5244

🏫2 Primary📚1 Combined

ACARA 2025

🏫Primary (2)

St Benedict School

Independent · Yrs R-5

ICSEA 1109

Woodside Primary School

Government · Yrs R-6

ICSEA 1036

📚Combined (1)

Mount Torrens Christian School

Independent · Yrs R-12

ICSEA 999

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe

100/ 100

0.0 offences / 100 persons

Source: SA Police · 2024-25

School quality

Average

1048ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent

17/ 100

🚆 0 train🚌 5 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in CHARLESTON

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