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North LakesNorth Lakes - SUBURB PROFILE REPORT
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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.
| 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% |
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