Property value increases in North Lakes have tracked close to the QLD average of 2.45% over the last 12 months.
Taking the average capital gain, or increase in median house value, North Lakes,4509 has racked up an average of 3.19% over the period. This ranks it number 2813th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that North Lakes is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 778th in terms of most discounted suburbs in QLD
In the last year 454 properties changed hands in North Lakes, which puts it as the 4th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.04%, investors should hope to achieve an overall return of 4.50%
North Lakes, 4509 ranked 117th in QLD when comparing growth in median property values or capital gain over the last 12 months. North Lakes is one of 2415 in our list for QLD
Comparing North Lakes,4509 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for North Lakes is $411550, with sellers offering an average of -4.06% off the asking price.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.