QLD/
North lakes

Suburb Profile

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

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Property investors have seen a -1.8% drop in NORTH LAKES based on a decrease 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 $490,000

Profits averaged 2.56% 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 $430 based on current median home prices for the suburb.

The gross rental yield in NORTH LAKES, 4509 is 4.56%.

An average of 36.08 real estate transactions take place per month in NORTH LAKES which translates to 433 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $490,000 $381,000
GROWTH REPORT
Median Quarterly -1.8% -9.39%
Median 12 month 2.4% -9.72%
Median 3 years 7.69% 6.42%
Median 5 years 13.95% 12.59%
10 years average annual 1.34% 1.01%
Weekly media advert. rent $430 $360
Time on Market 57.1 days 149.2 days
Gross Rental Yield Percent 4.56% 4.91%
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North Lakes, QLD
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