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 › Casitas St
$570,000
Last sold
27 Dec 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
375 m²
Land
171 m²
Building
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
$570,000
27 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Champion Lakes (last 5 years) with land size have a median of $1,543/m² of land (n=47). 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
-34.5%
Median sale
Suburb $870,000
+1.92 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 375 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 375 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 Nearwater Real EstateNearwater Real Estate are proud to present this exceptional 3 bedroom, 2 bathroom house on a generous 375m2 in the sought after suburb of Champion Lakes. This 2011 built property is the perfect blend of comfort, low maintenance and modern living. Located only 150m from Wright Lake and 3.5kms from Kelmscott Train Station and Shopping Centre, this property ticks all the boxes for both investors and owner-occupiers.
NOTE: This property is currently tenanted at $520/week until 8th April 2024 and the tenants would love to stay on if given the opportunity.
The design of this property showcases a generously sized master bedroom with large walk-in robe and well appointed ensuite. The well thought-out layout capitalises on the length of the block, providing open-plan interaction between the kitchen, meals and living. The theatre / study is also generously sized, capable of accomodating both a study desk and lounge area.
Outdoor dining in this property is a delight with the rear alfresco area looking out over a couple of lush fruit trees. This rear yard is a pleasing environment full of potential for the green-thumb!
KEY FEATURES:
- Generously sized master bedroom with large walk-in robe
- Built in robes to minor bedrooms
- Large and well appointed ensuite with double vanity, large rain-head shower and separate toilet
- Modern kitchen with engineered stone top, 900mm appliances and a spacious pantry
- Downlights throughout (including rear patio)
- Low maintenance and generously sized rear yard
- Easy to maintain front courtyard
- Two split system A/C's for year round comfort
- Appealing aesthetic with newly repainted front masonry walls with feature stone facade
- Generously sized laundry with linen cupboard
RENTAL INFORMATION:
Currently tenanted at $520/week until 8th April 2024, with a rental potential of $600 - $630/week.
LOCATION:
- Conveniently located only 150m from Wright Lake and opposite Bill Clare Park
- Approximately 3.5kms to Kelmscott Train Station & Shopping Centre
- Only 30 minutes by train to Perth CBD
- Plenty of local schooling options
- A plethora of walking trails and leisure activities all within easy access
This is an outstanding property for the discerning buyer. Don't miss the opportunity to make it yours.
FURTHER INFORMATION:
Water: $1,066pa
Rates: $2,500pa
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract. Further, any floor plans included in the marketing material are for illustrative purposes only and the accuracy of dimensions or areas cannot be confirmed and should not be relied upon. Further, any rates or strata fees noted are estimates based on available information at time of publishing.
Listing description written by Caleb Dalziell, Nearwater Real Estate — reproduced as published, not verified by Districts.
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