North Lakes is a large suburb in Queensland within the Moreton Bay local government area (postcode 4509). With a population of 23,030, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $109K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in North Lakes is $820,000, having surged 13.5% over the past year. Units have a median price of $530,000 (+17.8% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,950.
North Lakes is served by 4 schools, including 1 primary, 2 combined, 1 special. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 1 rail station, 44 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, North Lakes offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($820K/$1.1M). The price-to-income ratio of 7.5x is considered moderate. House prices have moved +13.5% year-on-year.
North Lakes is a large suburb in Queensland within the Moreton Bay local government area (postcode 4509). With a population of 23,030, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $109K per year, with an average household size of 2.9 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in North Lakes is $820,000, having surged 13.5% over the past year. Units have a median price of $530,000 (+17.8% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,950.
North Lakes is served by 4 schools, including 1 primary, 2 combined, 1 special. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 1 rail station, 44 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, North Lakes offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($820K/$1.1M). The price-to-income ratio of 7.5x is considered moderate. House prices have moved +13.5% year-on-year.