Charlemont

Charlemont lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Charlemont's population is estimated at around 5,613 as of May 2026. This reflects an increase of 3,001 people since the 2021 Census, which reported a population of 2,612 people. The change is inferred from AreaSearch estimates based on latest ERP data release by ABS (June 2025) and additional validated new addresses since the Census date. This level of population equates to a density ratio of 518 persons per square kilometer. Charlemont's growth since the 2021 census, at 114.9%, exceeded Rest of Vic.'s (4.3%) and SA3 area's growth. Population growth was primarily driven by interstate migration contributing approximately 83.0% of overall population gains during recent periods. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted employing weighted aggregation method from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, exceptional growth is predicted over the period with the suburb expected to increase by 7,902 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 140.6% in total over the 16 years.

The level of residential development activity in Charlemont was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers shows Charlemont recorded around 225 residential properties granted approval each year over the past five financial years, totalling an estimated 1,126 homes. So far in FY-26228 approvals have been recorded. On average, 3 new residents arrive per dwelling constructed between FY-21 and FY-25. This results in demand significantly exceeding supply, driving price growth and increased buyer competition.

New homes are being built at an average expected construction cost value of $352,000. In this financial year, $1.6 million in commercial development approvals have been recorded, indicating a predominantly residential focus. Charlemont shows 568.0% higher construction activity per person compared to the rest of Victoria, offering buyers greater choice while recent construction comprises 91.0% standalone homes and 9.0% townhouses or apartments, preserving the area's low density nature. With around 19 people per dwelling approval, Charlemont exhibits growth area characteristics. Looking ahead, AreaSearch quarterly estimates project Charlemont to grow by 7,893 residents through to 2041.

Development is keeping pace with projected growth, though buyers may face increasing competition as the population expands.

Charlemont has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes in local infrastructure significantly affect a region's performance. AreaSearch has identified 28 projects expected to impact the area. Notable projects include Charlemont Rise Estate, Stockland Banksia Armstrong Creek, Yirrama Primary School, and Horseshoe Bend Community Hub. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Charlemont rank among the top 10% of areas assessed nationally

Charlemont has an educated workforce with significant representation in essential services sectors. Its unemployment rate is 1.9% and it experienced a 5.4% employment growth over the past year, according to AreaSearch's aggregation of statistical area data. As of December 2025, there are 3,093 residents employed, with an unemployment rate of 1.8%, which is below Regional Vic.'s rate of 3.7%.

Workforce participation in Charlemont is high at 71.6% compared to Regional Vic.'s 61.0%. According to Census responses, 18.2% of residents work from home, though Covid-19 lockdown impacts should be considered. The leading employment industries among residents are health care & social assistance, construction, and retail trade. Charlemont has a particular specialization in health care & social assistance, with an employment share that is 1.3 times the regional level.

However, agriculture, forestry & fishing has limited presence with only 0.5% employment compared to the regional figure of 7.5%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Between December 2024 and December 2025, employment levels increased by 5.4%, while labour force increased by 5.5%, resulting in a slight rise in unemployment (0.1 percentage points). In comparison, Regional Vic. experienced an employment decline of 0.6% and a labour force decline of 0.7%, with unemployment falling by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Charlemont's employment mix, local employment is estimated to increase by 7.0% over five years and 14.3% over ten years. However, it should be noted that this extrapolation does not take into account localised population projections.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Charlemont suburb has a median taxpayer income of $65,535 and an average income of $75,774 based on the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. These figures are higher than national averages, contrasting with Regional Vic.'s median income of $50,954 and average income of $62,728. As of March 2026, estimates suggest the median income would be approximately $71,839 and the average income $83,063, factoring in a 9.62% growth since financial year 2023. In Charlemont, incomes ranked between the 72nd and 82nd percentiles nationally according to 2021 Census figures. The income bracket of $1,500 - 2,999 dominated with 50.2% of residents (2,817 people), aligning with regional levels where this cohort represented 30.3%. High housing costs consumed 17.2% of income, but strong earnings placed disposable income at the 70th percentile nationally. The area's SEIFA income ranking places it in the 6th decile.

Charlemont is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Charlemont's dwelling structure, as per the latest Census, comprised 98.2% houses and 1.8% other dwellings. In comparison, Regional Vic.'s dwelling structure was 90.1% houses and 9.9% other dwellings. Home ownership in Charlemont stood at 10.5%, with mortgaged dwellings at 61.1% and rented dwellings at 28.3%. The median monthly mortgage repayment in the area was $1,733, higher than Regional Vic.'s average of $1,430. The median weekly rent figure in Charlemont was $415, compared to Regional Vic.'s $285. Nationally, Charlemont's mortgage repayments were lower than the Australian average of $1,863, while rents were higher at $415 compared to the national figure of $375.

Charlemont features high concentrations of group households, with a higher-than-average median household size

Family households account for 71.2% of all households, including 29.8% couples with children, 29.2% couples without children, and 9.9% single parent families. Non-family households make up the remaining 28.8%, with lone person households at 21.3% and group households comprising 7.8%. The median household size is 2.5 people, larger than the Regional Vic. average of 2.4.

Charlemont shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's educational profile is notable regionally, with university qualification rates at 30.6%, exceeding the Rest of Vic average of 21.7% and the SA3 area average of 27.3%. Bachelor degrees are most prevalent at 21.7%, followed by postgraduate qualifications (5.6%) and graduate diplomas (3.3%). Vocational credentials are held by 39.0% of residents aged 15+, with advanced diplomas at 13.2% and certificates at 25.8%. Educational participation is high, with 28.8% currently enrolled in formal education, including 8.9% in tertiary, 8.0% in primary, and 4.1% pursuing secondary education.

Educational participation is notably high, with 28.8% of residents currently enrolled in formal education. This includes 8.9% in tertiary education, 8.0% in primary education, and 4.1% pursuing secondary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Charlemont has 15 active public transport stops. These are served by 16 routes offering a total of 1,133 weekly passenger trips. The area's transport accessibility is rated good, with residents typically living 228 meters from the nearest stop. Most residents commute outward daily. Car remains the primary mode of transport at 97%. On average, there are 1.6 vehicles per dwelling.

According to the 2021 Census, 18.2% of residents work from home, which may be due to COVID-19 conditions. The service frequency averages 161 trips per day across all routes, equating to around 75 weekly trips per individual stop.

Health performance in Charlemont is lower than average with common health conditions somewhat prevalent across the board, though to a considerably higher degree among older age cohorts

Charlemont faces significant health challenges as assessed by AreaSearch. Mortality rates and chronic condition prevalence are somewhat prevalent across all age groups, but notably higher among older cohorts.

Private health cover is very high at approximately 57% of the total population (around 3,184 people), compared to 50.5% in Regional Victoria. The most common medical conditions are mental health issues and asthma, affecting 10.8% and 9.1% of residents respectively. About 72.5% of residents claim to be completely free from medical ailments, higher than the 63.4% across Regional Victoria. Health outcomes for those under 65 are better than average. The area has a lower proportion of seniors aged 65 and over at 12.2%, compared to Regional Victoria's 23.9%. Health outcomes among seniors present some challenges, but rank lower nationally than the broader population.

In terms of cultural diversity, Charlemont records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Charlemont's population showed cultural diversity with 19.3% born overseas and 17.6% speaking a language other than English at home. Christianity was the dominant religion, comprising 39.2%. The 'Other' religious category had an overrepresentation of 2.6%, compared to Regional Vic's 0.8%.

In ancestry, Australian (28.8%) and English (25.3%) were the top groups, with Irish at 8.8%. Notably, Dutch (2.0%), Serbian (0.6%), and Indian (4.9%) groups had higher representations than regional averages of 1.7%, 0.2%, and 0.8% respectively.

Charlemont hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Charlemont has a median age of 31, which is younger than Regional Vic.'s figure of 43 and below Australia's median age of 38 years. The 25-34 age group makes up 26.8% of Charlemont's population, higher than Regional Vic., while the 55-64 cohort comprises 4.6%. This concentration in the 25-34 age group is significantly above the national average of 14.6%. Between 2021 and present, the median age has increased by 1.8 years from 29 to 31, indicating an aging population. Notable changes include the 45-54 age group growing from 6.5% to 10.3%, and the 5-14 cohort increasing from 9.6% to 12.3%. Conversely, the 15-24 age group has decreased from 15.9% to 12.1%, and the 25-34 group has dropped from 29.9% to 26.8%. By 2041, Charlemont's age profile is projected to evolve significantly. The 25-34 age group is expected to grow by 153%, adding 2,295 people and reaching a total of 3,800 from its current figure of 1,504.