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Back 501/316 Charlestown Rd
Off Market

501/316 Charlestown Rd

Charlestown NSW 2290

2
1
1
0 m²
Unit
Last sold for $375,000
Mick PhillipsMick Phillips, last sold this property on 24 July 2019 after 34 days on market.

Overview

Executive Apartment in Charlestown’s CBD

Occupying a fifth-floor position within the acclaimed 'Alto’ apartments, this modern two-bedroom apartment impresses both inside and out. Boasting a full width entertaining balcony that catches jaw-dropping views stretching to distant mountain ranges, it delivers a comfortable, low maintenance lifestyle or investment opportunity within the heart of Charlestown’s CBD. Heightened by a practical 2-bedroom layout and dedicated carspace with storage space, step outside to enjoy the lively dining scene, state-of-the-art cinemas and retail stores within Charlestown Square or for transport options offering rapid access to Newcastle city. Currently returning $375 pw rent with well regarded, long term tenants on an expired lease, this is an ideal property for home owners and investors alike. - Easy-care apartment set high to capture a full sweep of district views - Modern gas-appointed kitchen with dishwasher and breakfast seating - Open plan living/dining flows to covered balcony for alfresco dining - Two double bedrooms with the master opening to the balcony - Internal laundry, built-in robes, lift access, secure carspace, additional storage space - Solid rental return; walk to all daily needs, medical centres and eateries - 10-minutes to Newcastle city, surf beaches and Lake Macquarie - Council Rates $760 pa Water Rates $652 pa Strata Levies $672 pq Rent Potential $400 pw

Features

2 bedrooms
1 bathroom
1 carspace
0 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Charlestown over the last 12 months, the estimated median property value of 501/316 Charlestown Rd is $674.5k.

Median value
$674.5k
Estimated value range
$535k - $856.5k
Median days on market
19
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Charlestown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501/316 Charlestown Rd

2025
Rented
Undisclosed
Leased on 07 Aug 2025 by Belle Property Lake Macquarie
2022
Rented
Undisclosed
Leased on 21 Sep 2022 by Belle Property Lake Macquarie
2019
Sold
$375,000
24 Jul 2019 by Mick Phillips, of Belle Property Lake Macquarie

Happy sellers in Charlestown

86%
86% of sellers in Charlestown reported that their sale price either exceeded or met their price expectations.

Charlestown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 78 reviews in Charlestown over the last 12 months.

Local market activity for 2 bedroom units in Charlestown

In the last 12 months, 13 two-bedroom units similar to 501/316 Charlestown Rd, have been sold.

This represents a 22% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Charlestown

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Peter Shiels

Sellers who recommend Peter Shiels have praised them for being clear communication, local expert, friendly, responsive, supportive, honest and reliable

  •   4.9   (385 reviews)
  •  28 Reviews in Charlestown
  •  31 Sales in Charlestown
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Jacob Hosking

Jacob Hosking is a recommended agent for Charlestown.  They have 12 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (214 reviews)
  •  11 Reviews in Charlestown
  •  12 Sales in Charlestown
View profile
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Garon Michalitsis

Garon Michalitsis is a recommended agent for Charlestown.  They have 20 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (37 reviews)
  •  9 Reviews in Charlestown
  •  20 Sales in Charlestown
View profile
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Brendan Walsh

Sellers who recommend Brendan Walsh have praised them for being local expert, clear communication, honest, reliable, friendly, stress-free process and responsive

  •   4.9   (186 reviews)
  •  7 Reviews in Charlestown
  •  7 Sales in Charlestown
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