North Lakes has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.96% to date .
Comparing North Lakes,4509 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
North Lakes4509 is located in QLD which offers an average discount of -6.94% to property investors. North Lakes itself is showing figures that indicate -5.19% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 35.17 sales per month, which equates to 422 per year.
North Lakes is 420th on a list of best yielding suburbs for rents in QLD with a 4.71% return
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 -0.27%.
Taking the average capital gain, or increase in median house value, North Lakes,4509 has racked up an average of -0.27% over the period. This ranks it number 1081th in the whole country for real estate investors looking at median house price increases.
The most recent median price for North Lakes is $364000, with sellers offering an average of -5.16% off the asking price.
Advertised rents are around the $380 mark per week – giving a return of 5.43% based on the median price in Suburb