Side by sideSuburb comparison

Charlemont vs Armstrong Creek.

Comparing two suburbs with median house prices of $651,000 and $670,000. Charlemont edges out on more headline metrics in this comparison.

Charlemont (median $651,000) is roughly 3% cheaper to buy into than Armstrong Creek ($670,000).

Armstrong Creek scores higher on walkability (0/100 vs 12/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Charlemont (1022) sits above Armstrong Creek (1017).

The takeWhich suburb suits which buyer

For buyers

Charlemont is the lower entry point at $651,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Charlemont offers the higher gross rental yield (3.39% vs 3.30%), favouring cash-flow investors.

For families

Charlemont edges out on average school ICSEA (1022 vs 1017).

Common questionsCharlemont vs Armstrong Creek

Common questions

Is Charlemont or Armstrong Creek cheaper to buy in?

Charlemont has the lower median house price at $651,000, roughly 3% below Armstrong Creek ($670,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Charlemont or Armstrong Creek have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Charlemont scores 1022 vs 1017 in Armstrong Creek. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Charlemont or Armstrong Creek?

Armstrong Creek scores 12/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Charlemont or Armstrong Creek?

Gross rental yield on houses is 3.39% in Charlemont vs 3.30% in Armstrong Creek. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Charlemont
Metric
Armstrong Creek

Price & Market

$651,000
Median house
$670,000
$291,600
Median unit
$291,600
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$425/wk
Rent (house / wk)
$425/wk
$415/wk
Rent (unit / wk)
$361/wk
70.0%
Owner occupied
28.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
12
0
Transit score
0
100
Bike score
100
2,612
Population
20,499
29
Median age
30

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1022
Avg ICSEA
1017

Climate

612 mm
Annual rainfall
612 mm
25.3°C
Mean max (Jan)
25.3°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).