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AREA REPORTS

North Lakes

Suburb Profile

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

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unit

Property investors have seen a 0.21% 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 $486,000

Profits averaged 0.49% 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 4.6%.

An average of 35.42 real estate transactions take place per month in NORTH LAKES which translates to 425 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $486,000 $368,000
GROWTH REPORT
Median Quarterly 0.21% 1.1%
Median 12 month 1.25% 1.66%
Median 3 years 1.46% -5.64%
Median 5 years 7.56% 2.51%
10 years average annual 0.97% 0.19%
Weekly media advert. rent $430 $365
Time on Market 63.4 days 118.7 days
Gross Rental Yield Percent 4.6% 5.16%
demographics (median values)
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