22 Hazewinkel Gardens, Champion Lakes WA 6111
22 Hazewinkel Gardens, Champion Lakes WA 6111
Premier street | pool upgrade risk | solar cost recoup | zoning ceiling.
This propertyβs premium sits in its land-to-livability ratioβ850sqm with 45% coverage and cathedral ceilingsβbut the buyer pays for that flexibility through a pool that needs annual reserves and solar panels that deliver sub-prime returns without feed-in tariffs. The 2010 purchase price of $260,000 shows zero land cost inflation captured, meaning the current premium is purely structure and location, not scarcity. Hold for land value growth in a suburb with 16.6% annual appreciation, but do not over-leverage for the pool amenity; this is a family home to live in, not a flip.
What competively rare is the combination of plantation shutters, indoor-outdoor flow, and 5G coverage in a 95% owner-occupied streetβthese reduce vacancy risk and command a rental yield of 4.3β4.4% in a market where median suburb growth is 6.5% annually. Best suited for a buyer seeking long-term hold with immediate family livability and a built-in exit via rental demand. To secure this at the low end of the $1.04mβ$1.15m range, you must lead with the sellerβs 9-day market time and no competing bushfire or heritage overlays, using a pre-approval ready stance to negotiate on pool maintenance disclosures.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Champion Lakes is a family-oriented suburb in Perth’s southeastern corridor, with demand driven by both owner-occupiers and investors attracted by strong capital growth and high rental yields. The market is characterised by rapid sales and low vacancy, indicating robust competition. Future growth is supported by its established family appeal, though it faces risks from low transaction volumes and potential affordability constraints that could temper its momentum.