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 2.76%.
North Lakes,4509 was ranked 2548 in Australia by increase in median property value over the quarter.
Property buyers and investors in North Lakes 4509 should be seeing an average reduction in asking price of around -4.06% . This means that North Lakes is holding prices well when compared to other suburbs in QLD.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 2.13%.
With a capital gain of 0.25% for the last 12 months, North Lakes, 4509 has performed for property investments than its average annual 3.82% property growth over the last 5 years.
The five-year average increase in median property values for North Lakes,4509 has given property investors a potential capital gain of 12.18% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in North Lakes itself are offering an average vendor discount of -3.44% to real estate investors.
North Lakes, 4509’s gross rental yield is 4.79%