Suburb Profile Report for North Lakes QLD (4509)

North Lakes House: Median price $470,000, Annual capital growth 2.58%, Number of sales 444, Weekly median advertised rent $430

North Lakes Unit: Median price $375,000, Annual capital growth 3.31%, Number of sales 141, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 3.87% for the last year, North Lakes, 4509 is the 2159th highest performer in Australia in this respect.

Across a shorter period, North Lakes, 4509 has seen a median price increase of 1.08% over the last quarter.

North Lakes4509 is located in QLD which offers an average discount of -7.32% to property investors. North Lakes itself is showing figures that indicate -3.88% is the average achievable by property buyers investing in the suburb.

North Lakes is 396th on a list of best yielding suburbs for rents in QLD with a 4.76% return

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 0.94%

Across a shorter period, North Lakes, 4509 has seen a median price increase of -0.13% over the last quarter.

Property buyers and investors in North Lakes 4509 should be seeing an average reduction in asking price of around -4.32% . This means that North Lakes is holding prices well when compared to other suburbs in QLD.

At number 1230 in a list of fastest selling suburbs, North Lakes is in the bottom 20% of suburbs in Australia with an average of days on market 108.53 for properties listed there.

With the median price for a house in North Lakes being $375000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.99%

HOUSE UNIT
$470,000 $375,000
1.08% -0.13%
3.87% 0.94%
2.58% 3.31%
$430 $360
444 141
4.76% 4.99%
71.44 108.53

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 15045
Median household income ($/weekly) 1769
Median age of persons 31
Median housing loan repayment ($/monthly) 2300
Average household size 3
  • Census Count Percent(%)
    0-4 years 1626 10.8
    5-14 years 2768 18.4
    25-34 years 2252 15.0
    35-44 years 2967 19.7
    45-54 years 1583 10.5
    Others 3849 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 5912 59.2
    Not Married 2840 28.4
    Defacto Relationship 1238 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 9474 65.0
    Papua New Guinea 1310 9.0
    South Africa 588 4.0
    United Kingdom 1623 11.1
    Other 518 3.6
    Others 1067 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 164 1.2
    Christianity 9798 69.8
    Hinduism 244 1.7
    Islam 94 0.7
    No Religion 3648 26.0
    Others 95 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 354 7.9
    $1,250-$1,499 429 9.6
    $1,500-$1,999 771 17.3
    $2,000-$2,499 653 14.6
    $2,500-$2,999 616 13.8
    Others 1639 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5038 48.9
    Not in the labour force 2495 24.2
    Employed, worked part-time 1926 18.7
    Employed, away from work 440 4.3
    Unemployed, looking for work 400 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 1032 13.9
    Professionals 1577 21.3
    Technicians & trades workers 999 13.5
    Clerical & administrative workers 1246 16.8
    Sales 830 11.2
    Others 1723 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 267 6.4
    Infants/Primary 1955 47.0
    Secondary 1122 27.0
    Technical or Further Educational Institution 269 6.5
    University or other Tertiary Institutions 443 10.7
    Others 102 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13991 96.3
    Semi-detached, row or terrace house, townhouse 445 3.1
    Flat, unit or apartment 88 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2288 47.5
    Rented 1714 35.6
    Fully owned 724 15.0
    Other tenure type 88 1.8
    Tenure Type
Census 2011, ABS
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