Suburb Profile Report for Champion Lakes WA (6111)

Champion Lakes House: Median price $468,250, Annual capital growth 19.49%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Champion Lakes, 6111 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -0.79%.

Across a shorter period, Champion Lakes, 6111 has seen a median price increase of 1.79% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Champion Lakes is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 381th in terms of most discounted suburbs in WA

In the last year 16 properties changed hands in Champion Lakes, which puts it as the 396th most active market in WA when comparing the number of sales per suburb.

HOUSE UNIT
$468,250 N/A
1.79% N/A
-0.79% N/A
19.49% N/A
N/A N/A
16 N/A
N/A N/A
88.61 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