2. WA
  3. Armadale

Houses Units

Here you can find what you need to know about Champion Lakes, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$620K Median Sale Price (National Average $485k) 319th In WA
24% Median Sale Price Change (1yr) (National Average 4.30%) 163rd In WA
$650pw Median Rent (National Average $395) 199th In WA
5.5% Median Gross Yield (National Average 4.24%) 92nd In WA

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Champion Lakes, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Champion Lakes, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Champion Lakes, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Champion Lakes


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Champion Lakes, WA 6111

Part of: Armadale Council No data available

The size of Champion Lakes is approximately 5.6 square kilometres. It has 3 parks covering nearly 46.9% of total area. The population of Champion Lakes in 2011 was 684 people. By 2016 the population was 1,116 showing a population growth of 63.2% in the area during that time. The predominant age group in Champion Lakes is 50-59 years. Households in Champion Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Champion Lakes work in a trades occupation. In 2011, 69.9% of the homes in Champion Lakes were owner-occupied compared with 72.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Champion Lakes

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Champion Lakes   for Houses in last 12 months


There have been 25 Houses sold in Champion Lakes in the past 12 months with a median sale price of $620K, up 24.0% annually. It takes on average 12 days to sell with vendor discounting of -5.2%.

Others also viewed

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Chandler QLD, 4155 20.93% $3,250,000 Unavailable Unavailable View Suburb Profile
Tuggerah NSW, 2259 4.14% $755,000 $580pw 4.0% View Suburb Profile
Meckering WA, 6405 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Austinmer NSW, 2515 -25.93% $2,000,000 $990pw 2.6% View Suburb Profile
Margate QLD, 4019 15.34% $842,000 $578pw 3.6% View Suburb Profile
Chandlers Hill SA, 5159 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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