At number 1983th in the list of Australian suburbs ordered by increase in median house value over the last year, North Lakes, 4509 is in the top half with a property value increase of -1.54% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, North Lakes comes in at number 542th in QLD.
Sellers are offering property buyers an average discount of -5.26% to buyers in North Lakes at the moment, which is less than average for the rest of QLD.
In the last year 392 properties changed hands in North Lakes, which puts it as the 4th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of North Lakes, 4509 is in the Moreton Bay (R) local government area.
Giving property investors a an average capital gain of -2.93% for the last year, North Lakes, 4509 is the 806th highest performer in Australia in this respect.
While North Lakes,4509 ranked number 194th in QLD for increase in median house value (annualised) increase, it is ranked 159th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that North Lakes is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 133th in terms of most discounted suburbs in QLD
At number 1275 in a list of fastest selling suburbs, North Lakes is in the bottom 10% of suburbs in Australia with an average of days on market 134.97 for properties listed there.
North Lakes is 172th on a list of best yielding suburbs for rents in QLD with a 5.50% return