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North Lakes
AREA REPORTS

North Lakes

North Lakes - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4509

house
unit

Property investors have seen a 2.04% gain in NORTH LAKES based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NORTH LAKES, 4509 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $500,000

Profits averaged 0.82% per annum over a 3-year period, due to an upward trend in home prices in NORTH LAKES, 4509.

This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

The gross rental yield in NORTH LAKES, 4509 is 4.58%.

An average of 37.75 real estate transactions take place per month in NORTH LAKES which translates to 453 per annum.

Data report can be found below

North Lakes
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 $355,000
GROWTH REPORT
Median Quarterly 2.04% 2.31%
Median 12 month 3.09% -3.01%
Median 3 years 2.46% -6.58%
Median 5 years 8.7% -7.98%
10 years average annual 1.19% 0.53%
Weekly media advert. rent $440 $365
Time on Market 42.8 days 83.7 days
Gross Rental Yield Percent 4.58% 5.35%
demographics (median values)*
Total Population
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Weekly Household Income
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Household Size
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Age
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Monthly Loan Repayment
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* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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