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Champion Lakes suburb profile

Champion Lakes is a suburban lakeside locality in Perth's south-east built around the Champion Lakes Regatta Centre, a purpose-built rowing course surrounded by parkland that shapes the area's character. The suburb features relatively recent housing, with a number of homes orientated to lake or park views, family-sized yards, playgrounds and a network of walking and cycling paths. It suits people who favour an active, outdoor lifestyle, with water sports and weekend picnics common pastimes, while everyday shopping and rail connections are found in nearby Armadale and surrounding suburbs.

Champion Lakes property market performance

Like many smaller suburbs, Champion Lakes has relatively few recent property sales, so there isn't enough recent data to publish a reliable median house or unit price. The figures that are available show house values have risen sharply, up 16.2% over the last 12 months.

There was 1 house sale recorded over the last 3 months. Houses sold in a median of 10 days over the last 12 months.

The rental market in Champion Lakes shows house rents averaging $750 a week, a solid 8.7% rise over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
16.2%N/A
Sold
Past 3 months
1N/A
Median days on market
Past 12 months
10N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
8.7%N/A

5 year median price trend for houses and units

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Champion Lakes demographics

Couple families dominate the local family profile: couple families with children comprise 43.9% and couple families without children 40.7%, so together about four in five families (84.6%) are couples. One-parent families make up the remaining 15.3% of reported families.

The suburb is home to 1,355 people with a median age of 41. The median total household income is $1,812 a week, roughly $94,224 a year.

In Champion Lakes, roughly three in four homes (75.7%) are owner-occupied — 46.5% with a mortgage and 29.2% owned outright — while 24.3% of dwellings are rented.

Champion Lakes infrastructure, key developments and investment opportunities

There are no significant new infrastructure or development projects reported in Champion Lakes at this time. The suburb is home to the Champion Lakes Regatta Centre, a DevelopmentWA master-planned lakeside precinct centred on a 55-hectare man-made regatta lake with an international-standard rowing and canoeing course and adjoining parks, paths and spectator facilities.

Suburbs near Champion Lakes

Some popular suburbs near Champion Lakes include:

  • Seville Grove: Family-oriented suburb centred around parks and local shopping, part of Armadale.
  • Camillo: Quiet, tree-lined streets and established homes, part of Armadale's suburban belt.
  • Haynes: Newer residential growth area with ongoing development and family-oriented streets.
  • Mount Nasura: Leafy, hilly suburb in the Darling Range foothills with local reserves.
  • Kelmscott: Historic town-style suburb with a main street and nearby river reserves.

How does Champion Lakes compare to nearby suburbs?

  • Median house prices: Champion Lakes’s median house price is 8.7% higher than Seville Grove’s.
  • House price growth: Over the past 12 months, house prices in Champion Lakes have grown 0.5% higher than in Seville Grove.
  • Selling speed for houses: Properties in Champion Lakes are selling 16.7% faster than in Seville Grove.
  • House price growth: Over the past 12 months, house prices in Champion Lakes have grown 22.0% lower than the average rate of growth across Perth.

Common questions about Champion Lakes

  • Is Champion Lakes a nice place to live?

    Champion Lakes is a lakeside suburb built around the Champion Lakes Regatta Centre, a DevelopmentWA master-planned precinct centred on a 55-hectare man-made regatta lake with an international-standard rowing and canoeing course and surrounding parks, paths and spectator facilities. Housing is relatively recent, with many homes oriented to lake or park views, family-sized yards, playgrounds and a network of walking and cycling paths, so the area suits people who favour an active outdoor lifestyle; water sports and weekend picnics are common pastimes.

    Champion Lakes is a suburb of families, with couple families making up about 84.6% of households, and most dwellings owner-occupied (75.7%, including 46.5% with a mortgage). Everyday shopping and rail connections are found in nearby Armadale and surrounding suburbs, and there are no significant new infrastructure or development projects reported at this time. Whether it suits you will come down to how much you value lakeside recreation and a settled, family-weighted community.

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  • Is it expensive to live in Champion Lakes?

    House rents in Champion Lakes run to about $750 a week. Against a typical local household income of $1,812 a week as recorded at the most recent Census, that rent would take roughly 41.4% of a household's weekly income, which is a large share. If you are renting, that rent share is the figure that matters; whether it feels expensive will depend on your own income and circumstances.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is Champion Lakes a good place to invest?

    Over the past 12 months in Champion Lakes the house market moved notably: median house values climbed 16.2%, a strong rise, while house rents rose 8.7%, a solid gain. In other words, for houses the capital-growth side of the equation increased faster than rental income over the year.

    If you're weighing Champion Lakes up as an investment, those are the movements to consider — value change for capital growth and rent change for income — and whether that balance suits you depends on your own goals and circumstances.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Champion Lakes

There are 26 real estate agents in Champion Lakes, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 36.4% of all sales in the past year.

Commission rates in Champion Lakes typically range from 2% to 2.93%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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