North Lakes is in the bottom 40% in QLD when comparing median price capital growth over the last year. North Lakes gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.61%.
North Lakes,4509 has offered an average of -0.61% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.60% offered to property buyers. Sellers in North Lakes itself are offering an average vendor discount of -4.66% to real estate investors.
With a capital gain of -8.57% for the last 12 months, North Lakes, 4509 has performed for property investments than its average annual -0.02% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, North Lakes has given property investors a paper return of -2.22%. This puts Suburb as 265 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in North Lakes should be aiming for at least -4.60% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $370 weekly from the median priced house in this suburb.