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Charters Towers Regional, QLD

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The Charters Towers is a local government area in North Queensland, southwest of and inland from the city of Townsville. The Charters Tower market is currently experiencing a significant turnaround. The data shows an increase in the number of transactions from last year.

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Managers (15.4%), Labourers (15.0%), Technicians and Trades Workers (14.1%), Professionals (14.0%), and Machinery Operators and Drivers (11.0%) are the most common jobs in Charters Towers. In Charters Towers, the median weekly personal income for people aged 15 and up is $522.

Separate homes make up 92.1 % of occupied private dwellings in Charters Towers, while semi-detached, row or terrace houses, townhouses, and other buildings make up 1.6 %, flats or apartments make up 3.5 %, and other dwellings make up 2.1 %.

The inventory in this market increased as a result of a substantial increase in new developments. In addition to new developments, there was also considerable growth in both sales and leasing activity.

Discover the latest price and rent trends for this market with the help of interactive dashboard on this page.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Charters Towers Regional, QLD

What other property markets are there near Charters Towers Regional, QLD?

Charters Towers Regional is surrounded by 3 other council areas – Isaac, Hinchinbrook, Tablelands.

How many people live in Charters Towers Regional, QLD?

There are approximately 12000 people living in roughly 6000 dwellings in total, with an average household size of 2.4.

What are current and planned infrastructure projects in Charters Towers Regional, QLD?

Among the main projects there are Charters Towers Water Park, Defiance Mill Park Pump Track,
Flood Damage DRFA 2021, Flood Warning Infrastructure Network, Millchester Road Victory St Intersection upgrade, Peek St – Racecourse Road Roundabout, Towers Hill Master Plan.

What major retailers are there in Charters Towers Regional, QLD?

There are main retailers such as Poppet Head, Titley’s Department Store, Fushia Belle Boutique, W. Titley & Co.

What is the main industry in Charters Towers Regional, QLD?

Such sectors as beef farming and mining, education and training, health care and social assistance, agriculture forestry and fishing, retail trade take the largest part of the employment.

What are the dominant demographic groups in Charters Towers Regional, QLD?

Among approximately 12000 people in Charters Towers Regional males and females make roughly 49% and 51% respectively. The median age of people is 40 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 19%.

How is unemployment rate trending in Charters Towers Regional, QLD?

Among approximately 5000 people employed, roughly 58% work full-time, 27% work part-time, and an estimated 8.8% are unemployed.

Suburbs/localities in this Local Government Area: Grand Secret 4820, Greenvale 4816, Llanarth 4820, Basalt 4820, Millchester 4820, Alabama Hill 4820, Mosman Park 4820, Paluma 4816, Queenton 4820, Ravenswood 4816, Reid River 4816, Richmond Hill 4820, Seventy Mile 4820, Southern Cross 4820, Black Jack 4820, Toll 4820, Towers Hill 4820, Valley Of Lagoons 4850, Hervey Range 4817, Homestead 4816, Charters Towers City 4820, Pentland 4816, Mingela 4816, Breddan 4820, Broughton 4820, Campaspe 4820, Columbia 4820, Dotswood 4820

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