Suburb Profile Report for North Lakes QLD (4509)

North Lakes House: Median price $475,000, Annual capital growth 0.68%, Number of sales 422, Weekly median advertised rent $430

North Lakes Unit: Median price $364,000, Annual capital growth 0.47%, Number of sales 43, Weekly median advertised rent $380

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

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$475,000 $364,000
-0.63% 1.11%
-2.96% -0.27%
0.68% 0.47%
$430 $380
422 43
4.71% 5.43%
74.1813333333333 122.214285714286

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in North Lakes QLD
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
Chart Table