SOLD
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Sold on 08 Jul 2024 for $1,160,000

80 Poad Street
Champion Lakes WA 6111

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 134m2
Land area: 15187m2
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Property Details for 80 Poad St, Champion Lakes

80 Poad St, Champion Lakes is a 2 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 15187m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Champion Lakes in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
134m2
Land Size
15187m2
Local Government
Armadale
Lot/Plan
200/P025938

Last Listing description (November 2024)

Are you a smart investor who can see the future potential or a developer that knows the area in and out and can start planning their next project? If you answered yes, then this one should get you excited!
Presenting 1.52Ha currently zoned Rural Living 2, but potentially could become a residential subdivision.
Investors will be pleased to know that there are two houses on the block, each rented at $400 per week.

Key features include:
? Re-development already taking place on this side of Lake Road
? 1.52Ha Currently zoned ?Rural Living 2?
? Potential rezoning and development if combined with adjoining block ? subject to approval
? Currently two properties on the block
? Each currently rented at $400 per week
? House A - 2bed + sleepout, 1.5 bath
? House B - 4 bedrooms

Champion Lakes is located in the City of Armadale. Situated 37km from the Perth CBD, with Hills at your doorstep, it quickly becomes a lifestyle space for those who look for outdoor activities. New roads and freeway connections have made it a thriving development area.

Can you see the potential? Are you ready for your next project? Call Zaia now!

Rates:
Shire $2800.00 per annum (estimate incl. ESL)
Water $ 275.72 per annum (estimate)

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Property History for 80 Poad St, Champion Lakes, WA 6111

A timeline of how this property has performed in the market
Last Sold
$1,160,000
08 Jul 2024
Listed for Rent
$400/w
11 Dec 2018
  • 08 Jul 2024
    Sold for $1,160,000
  • 07 Apr 2024
    Listed for Sale FROM $1,249,950
  • 21 Nov 2018
    Listed for Rent $400 / week
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About Champion Lakes 6111

The size of Champion Lakes is approximately 5.6 square kilometres. It has 3 parks covering nearly 46.9% of total area. The population of Champion Lakes in 2011 was 684 people. By 2016 the population was 1,116 showing a population growth of 63.2% in the area during that time. The predominant age group in Champion Lakes is 50-59 years. Households in Champion Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Champion Lakes work in a trades occupation. In 2011, 69.9% of the homes in Champion Lakes were owner-occupied compared with 72.7% in 2016.

Champion Lakes has 862 properties. Over the last 5 years, Houses in Champion Lakes have seen a 105.91% increase in median value. As at 31 October 2024:

  • The median value for Houses in Champion Lakes is $622,676 while the median value for Units is $472,033.
  • Houses have a median rent of $650.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Champion lakes on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Champion lakes.

Champion Lakes Profile Page

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