Thinking about buying in Charnwood? Now could not be a better time, with 1431 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $661,000 with prices in this suburb ranging from $74,000 to $2,226,000. The aproximate distance to the coast is 117 Km.

Charnwood Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Charnwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Charnwood leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Charnwood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Charnwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Charnwood a better buying opportunity than it may have been in the past.

Houses for sale Charnwood

	14 SCHAFFER PL, CHARNWOOD, ACT, 2615	2	1	4	Auction
	26 GARRAD CT, CHARNWOOD, ACT, 2615	3	1	2	660000
	5 WEAVER PL, CHARNWOOD, ACT, 2615	3	1	2	775000

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General Points of Interest

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