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 › Lake View Tce
$590,000
Last sold
1 Apr 2019
6
Bedrooms
4
Bathrooms
8
Car spaces
2,572 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
$590,000
1 Apr 2019 · 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
-32.2%
Median sale
Suburb $870,000
+1.73 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 2,572 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 2,572 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 Harcourts Prestige SouthDIY Property or Development Dream on 2,572m2
This characteristic filled property is located on block of land which is 2,572m2 - more than half an acre! With both dwellings combined there is 6 bedrooms, 4 bathrooms, 3 washrooms, multiple living areas, a large entertainment alfresco, seperate rear workshop area and a very large inbuilt pool under roof in its own enclosed area! 5 Lake View Terrace is well structured and large family home. Built decades of years ago, this property is filled with character and has had a number of additional spaces built on over the years with the newest front edition only completed approximately 14-15 years ago.
The seperate english themed cottage adjacent to the main family home is self contained with seperate meters and connections and consists of one bedroom, one bathroom, a kitchen and a well sized living/dining area. Built as a 'granny flat' this space would be handy to lease out, have the parents stay, a kids retreat or simply host your guests staying over!
If you are looking at developing, this location will only prove popular! Situated on a well known Terrace and facing the stunning Champion Lake, this block (pending local council approval and granted the necessary zoning) could see a number of dwellings developed.
Come down and check out the home open this Sunday! The photos and video do not do this magnificent property justice!
*Seller is in process of fitting new carpets, window treatments and interior paint on walls (all neutral tonings)
For more information do not hesitate to get into contact with Anna-Marie on 0437 416 487 or email annamarie@harcourtsprestige.com.au. Alternatively, contact Christen on 0433 445 161 or email christen@harcourtsprestige.com.au
Disclaimer:
Although every effort has been taken to ensure the information provided for this property is deemed to be correct and accurate at the time of writing it cannot be guaranteed, reference to a school does not guarantee availability of that particular school, distances are estimated using Google maps. Buyers are advised to make their own enquiries as to the accuracy on this information.
Listing description written by Anna-Marie Bartolome, Harcourts Prestige South — reproduced as published, not verified by Districts.
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