19 Breakwater Grove, Champion Lakes WA 6111
19 Breakwater Grove, Champion Lakes WA 6111
4 bed family house | 487m² mid-size block | owner-occupied street | priced above suburb norm | school catchment proximity
This house holds a clear competitive edge in Champion Lakes, where the dominant stock is 3–4 bedroom family homes. Its four-bedroom, two-bathroom layout directly matches what most buyers in this suburb are seeking, and the 487m² block offers enough outdoor space for a growing household without demanding excessive upkeep. The street itself is notably settled, with an 85% owner-occupier rate, which typically translates into a well-maintained, quieter neighbourhood with stronger resale appeal. This property is best suited to a family or an upgrader looking for a modern, low-maintenance home within established catchment zones for Willandra Primary School and Armadale Senior High School, both within a short drive.
The asking price positions this house at the upper end of the local market, so value will hinge on how its condition and presentation compare with other premium offerings in the area. The lack of confirmed details on building age, internal finishes, or climate features like air-conditioning means a buyer should inspect closely to verify whether the price is justified by quality. Rental demand appears softer here, with higher vacancy and longer days on market, so an investor might find yield less compelling than in tighter markets. The ongoing development of nearby estates could also introduce newer, more modern competition, which may affect resale value over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Breakwater Grove, Champion Lakes WA 6111
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Champion Lakes, in Perth’s southeastern corridor, is a tightly held family market: 74% family households, 2.6 average household size, and 58% of owners carrying mortgages point to middle-income owner-occupiers. Median house price is $780,000, with annual growth reaching 21.65% over the past year, though low turnover—36 house sales annually—adds volatility. Conditions favour sellers: houses sell in a median 16 days, vacancy sits at 0.71%, and gross rental yields are 5.1% for houses. Demand is driven by investors chasing yield and capital gains, plus families drawn by Ranford Road connectivity. Future growth rests on ongoing supply constraints and rental tightness, but affordability is stretched; a 35.87% surge in listing prices over the past year signals rate sensitivity as the key risk.
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PropCred Estimated Value
Comparable Sales: 30 Breakwater Grove sold for $845k (4 bed, 2 bath) | Property Price Band: $800k–$900k | Value Drivers: condition and presentation, land size relative to newer lots, street quality and owner-occupier character
Bedrooms
4
Bathroom
2
Parking
1
Land
487m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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