Champion Lakes at a glance
2,174
People
$870,000
Median sale
$612/wk
Median rent
3.66%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
WA › Champion Lakes › Melton Hill Ln
$472,000
Last sold
12 May 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
339 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$472,000
12 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Champion Lakes (last 5 years) with land size have a median of $1,531/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Champion Lakes at a glance
2,174
People
$870,000
Median sale
$612/wk
Median rent
3.66%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Champion Lakes
-45.7%
Median sale
Suburb $870,000
+3.08 pp
Gross yield
Suburb 3.66%
Suburb median $870,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 339 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $612/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 339 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Champion Lakes at a glance
2,174
People
$870,000
Median sale
$612/wk
Median rent
3.66%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Attree Real EstateRare is it that a home in such a magical location will be on offer!! Live a surreal lifestyle in this dreamy residence positioned on the doorstep of Champion Lakes!
What you will truly love about this property is the ability to spend time with your family/friends exploring the lake on the fantastic track that goes all the way around the lake, the superb parklands/playground for the kids to enjoy and the facilities around the lake such as the community BBQ's, picnic seating area, community gym equipment and you don't even have to maintain the parklands as they are maintained by council gardeners!!
The features of this truly special 2013 built MY GEN HOME includes:
- 3 bedrooms all with large built in robes (Master suite features walk in robe)
- 2 sparkling bathrooms with porcelain tile flooring, and hobless showers (Master suite with dual vanities and frameless shower screens and bonus access door to alfresco).
- Huge open plan living area with soaring high 32 course ceilings and stunning outlook over the lake which includes bi-fold stacker doors that open up out onto the picturesque doorstep of the portico and lake!
- Lavish central kitchen with stone tops, feature bulkhead, stainless steel appliances, bonus breakfast bar and cupboard space galore!
- Theatre/study/activity room to the centre of the home great second zone.
- Interconnected outdoor/indoor entertaining alfresco area that is fully timber decked and immaculately presented.
- Awesome garage that has huge workshop storage space or can be used to fit a longer vehicle inside as it has a massive 9.6m approx length!! Also has bonus manual roller door access to outside with small grass area
Other features include
• ETERNITY Gas Instant Hot Water System
• Swann Security Camera System (6 x Cameras)
• MITSUBISHI Reverse Cycle Wall Mounted 7.1kW Air Conditioning System (Main Living Area)
• MITSUBISHI Reverse Cycle Wall Mounted 2.5kW Air Conditioning System (Main Bedroom)
• Shopper entry from garage
Get in quick to secure this picture perfect residence as it will not last!!
For more information or viewing times please call MICHAEL ALLBEURY 0433290044 of ATTREE REAL ESTATE
Listing description written by Michael Allbeury, Attree Real Estate — reproduced as published, not verified by Districts.
Also look at
3 Karapiro St, Champion Lakes WA 6111
4-bed house. Asking $849K.
19 Breakwater Grove, Champion Lakes WA 6111
4-bed house for sale. Asking $850K.
10 Banyoles Circuit, Champion Lakes WA 6111
4-bed house for sale. Currently listed.
1/11 Yewers Dr, Champion Lakes WA 6111
3-bed house. Currently listed.