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Champion Lakes
AREA REPORTS

Champion Lakes

Champion Lakes - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6111

house

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $447,500

The augmented property values in the suburb are trailing behind the territorial average of 14.43% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $450.

Home owners selling their properties and realtors in CHAMPION LAKES usually have to wait an average of 70.2 days days before their assets are lifted off the market.

The WA suburb ranks 114th on the list of best yielding suburbs for rental properties in WA, posting a 5.23% return.

It also places places 421st in Australia based on median property value growth during the quarter.

Data report can be found below

Champion Lakes
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $447,500 N/A
GROWTH REPORT
Median Quarterly -0.56% N/A
Median 12 month 8.75% N/A
Median 3 years 14.74% N/A
Median 5 years -4.69% N/A
10 years average annual 13.35% N/A
Weekly media advert. rent $450 N/A
Time on Market 70.2 days N/A
Gross Rental Yield Percent 5.23% N/A
demographics (median values)*
Total Population
23068
Weekly Household Income
1390
Household Size
2.60
Age
39
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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