North Lakes has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.23% to date .
The five-year average increase in median property values for North Lakes,4509 has given property investors a potential capital gain of 11.37% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that North Lakes is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 764th in terms of most discounted suburbs in QLD
Residents and property investors in North Lakes have been waiting around 64.48 days to sell a property.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 2.25%.
North Lakes has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.16% to date .
Taking the average capital gain, or increase in median house value, North Lakes,4509 has racked up an average of 3.16% over the period. This ranks it number 905th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in North Lakes, 4509. Typically our figures indicate that -4.28% is being offered, which puts this QLD suburb at 948th most discounted overall in Australia.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.