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Suburb Insights ยท VIC 3217

Charlemont 3217, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Charlemont is a coastal suburb in Victoria, Australia, with a population of approximately 2,612, making it a boutique locality. Located approximately 68 km from the Melbourne CBD, Charlemont is a coastal area in Victoria. The median household income is $109,304 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Charlemont benefits from a high-income resident base, supporting premium property pricing. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Charlemont, Victoria, Australia.

Key Indicators

Postcode
3217

Official Australia Post postcode for Charlemont. A postcode may cover multiple suburbs.

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Population
2,612

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$415/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$109,304/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
68 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
90% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Charlemont, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $415/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. A median household income of $109,304/year supports premium property values and indicates a well-employed resident base. 90% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Charlemont over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in Charlemont's current market.

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Renovation / Flip

The resale market in Charlemont may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Charlemont property

Full Property Analysis

30-year projections for Charlemont

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Charlemont should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Charlemont should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Charlemont a good suburb for investment?

Charlemont is a coastal area in Victoria with a population of 2,612. The median rent is $415/week and the median household income is $109,304/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Charlemont?

Key demand drivers in Charlemont include lifestyle appeal and proximity to the coast. 90% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Charlemont?

According to the ABS 2021 Census, Charlemont has a population of approximately 2,612. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Charlemont from the Melbourne CBD?

Charlemont is approximately 68 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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