Charlestown (2290) sits within the Lake Macquarie LGA. Whether you are buying as an investor or comparing ownership to renting, the rental market data below gives you a current-state picture of what tenants are paying and what gross yield looks like relative to recent sale prices. Yield figures use the median dwelling price for the postcode as the denominator.
Can I afford Charlestown?
Rental market in Charlestown
Median weekly rent from lodged bonds. Sep 2025. Bond count suppressed by DCJ (30 or fewer lodgements this quarter).
Rents here sit around the Sydney middle. A balance of rental stock and owner-occupier demand.
Median weekly rent · Unit · 2 bed
Small sample
$560per week
Sep 2025 · bond count suppressed
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Warners Bay2282
$640▲$80
4.4 km away
Adamstown2289
$565▲$5
4.8 km away
Merewether2291
$600▲$40
6.1 km away
Hamilton2303
$470▼$90
8.2 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
The rental data for Charlestown 2290 is a lagged indicator. It reflects leases that settled over the past 12 months, not necessarily what a property would achieve today. In a rising market, current achievable rents may be higher than the displayed median; in a softening market, the reverse. Talk to a local property manager for a current-market appraisal if you are making a yield-based investment decision.
