North Lakes is an average performer in QLD when comparing median price capital growth over the last year. North Lakes gave property investors a average capital gain figure when compared to the rest of the state, with 3.30%.
While North Lakes,4509 ranked number 433th in QLD for increase in median house value (annualised) increase, it is ranked 470th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in North Lakes itself are offering an average vendor discount of -4.03% to real estate investors.
North Lakes, 4509’s gross rental yield is 4.76%
At number 1300th in the list of Australian suburbs ordered by increase in median house value over the last year, North Lakes, 4509 is in the BOTTOM 30% with a property value increase of -2.82% recorded in median house prices.
Taking the average capital gain, or increase in median house value, North Lakes,4509 has racked up an average of -2.82% over the period. This ranks it number 1140th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.08% to buyers in North Lakes at the moment, which is less than average for the rest of QLD.
North Lakes is 241th on a list of best yielding suburbs for rents in QLD with a 4.94% return