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Champion Lakes vs Merriwa

Property investment comparison - Champion Lakes, WA 6111 vs Merriwa, WA 6030

Head-to-head across core investment metrics: Champion Lakes wins 2, Merriwa wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricChampion LakesMerriwa
Median house price$845K$845K
Median unit price$685K-
Gross rental yield (houses)4.20%-
Gross rental yield (units)5.23%4.62%
1-year house growth-+21.4%
3-year house growth+80.3%+77.5%
Vacancy rate0.7%0.5%
Population1,3555,587

Champion Lakes vs Merriwa: what the numbers say

Houses cost about the same in both suburbs: the median house price is $845K in Champion Lakes and $845K in Merriwa.

Looking back three years, Champion Lakes houses are +80.3% and Merriwa houses +77.5%, so Champion Lakes has compounded faster than Merriwa over the longer window.

Rental vacancy is 0.5% in Merriwa and 0.7% in Champion Lakes, so landlords in Merriwa face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Merriwa is the bigger suburb, with a population of 5,587 against 1,355, roughly 4.1 times the size of Champion Lakes; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Merriwa for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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