Over the last year, property investments in North Lakes, 4509 have given investors a capital gain of 4.35%. This compares averagely with the 2.51% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, North Lakes comes in at number 514th in QLD.
The most recent median price for North Lakes is $480000, with sellers offering an average of -4.13% off the asking price.
In the last year 445 properties changed hands in North Lakes, which puts it as the 3rd most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $425 mark per week – giving a return of 4.60% based on the median price in Suburb
Investment property in North Lakes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.25%
Over the longer term, North Lakes has seen property prices show investors a 9.72% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in North Lakes is giving property investors an average Vendor Discount of around -3.12%. This puts suburb at number 294th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in North Lakes the average time real estate has been on the market is 96.35 days.
Advertised rents are around the $360 mark per week – giving a return of 4.74% based on the median price in Suburb