Suburb Profile Report for Champion Lakes WA (6111)

Champion Lakes House: Median price $420,000, Annual capital growth 6.82%, Number of sales 15, Weekly median advertised rent $390

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

A -32.31% growth in median value for property investors in Champion Lakes,6111 puts this suburb at number 455th in terms of best performing suburbs in WA

With the median price for a house in Champion Lakes being $420000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.83%

Metrics i HOUSE UNIT
$420,000 N/A
-25.00% N/A
N/A N/A
6.82% N/A
$390 N/A
15 N/A
4.83% N/A
112.5 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Champion Lakes WA
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