Suburb Profile Report for Champion Lakes WA (6111)

Champion Lakes House: Median price $467,000, Annual capital growth 18.27%, Number of sales 15, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Champion Lakes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.52%

If we look at median property appreciation over just the last three months, Champion Lakes has given property investors a paper return of -0.53%. This puts Suburb as 194 on a list of fastest fasting appreciating suburbs in WA

LACK OF BUYER INTEREST may well be the reason that Champion Lakes is offering property investors an average of -8.23. This rate of discount on properties puts Suburb at number 333th in terms of most discounted suburbs in WA

Metrics i HOUSE UNIT
$467,000 N/A
-0.53% N/A
1.52% N/A
18.27% N/A
N/A N/A
15 N/A
N/A N/A
98.9 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 684
Median household income ($/weekly) 1538
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    15-19 years 66 9.7
    20-24 years 66 9.7
    35-44 years 84 12.3
    45-54 years 146 21.4
    55-64 years 109 16.0
    Others 212 31.0
    Age Group
    Census Count Percent(%)
    Registered Married 274 51.1
    Not Married 215 40.1
    Defacto Relationship 47 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 426 67.2
    Papua New Guinea 20 3.2
    South Africa 18 2.8
    United Kingdom 88 13.9
    Other 19 3.0
    Others 63 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 1.6
    Christianity 414 67.5
    Hinduism 10 1.6
    Judaism 3 0.5
    No Religion 173 28.2
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 21 9.6
    $1,000-$1,249 21 9.6
    $1,500-$1,999 34 15.5
    $2,000-$2,499 21 9.6
    $3,000-$3,499 24 11.0
    Others 98 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 229 41.7
    Not in the labour force 152 27.7
    Employed, worked part-time 121 22.0
    Employed, away from work 34 6.2
    Unemployed, looking for work 13 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 40 10.4
    Professionals 52 13.6
    Technicians & trades workers 80 20.9
    Clerical & administrative workers 68 17.8
    Machinery operators & drivers 40 10.4
    Others 103 26.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 42 32.3
    University or other Tertiary Institutions 34 26.2
    Secondary 27 20.8
    Technical or Further Educational Institution 22 16.9
    Pre-school 5 3.8
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 566 89.6
    Caravan, cabin, houseboat 37 5.9
    Semi-detached, row or terrace house, townhouse 29 4.6
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 96 40.2
    Fully owned 73 30.5
    Rented 70 29.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals