QLD/
North lakes

Suburb Profile

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

house
unit

Property investors have seen a 0.83% 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 $485,000

Profits averaged 2.45% 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 $420 based on current median home prices for the suburb.

The gross rental yield in NORTH LAKES, 4509 is 4.5%.

An average of 36.17 real estate transactions take place per month in NORTH LAKES which translates to 434 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 $404,500
GROWTH REPORT
Median Quarterly 0.83% -4.35%
Median 12 month 3.19% 2.15%
Median 3 years 7.34% 12.67%
Median 5 years 12.79% 14.59%
10 years average annual 1.96% 3.63%
Weekly media advert. rent $420 $360
Time on Market 60.2 days 143.6 days
Gross Rental Yield Percent 4.5% 4.63%
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