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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In North Lakes, the median property price for a house is currently 845,500 with annual capital growth of 15.03 . There were 434 house sales in the past 12 months. On average, houses spend 14 days on market.
If you're thinking about buying an investment property in North Lakes, consider that rental yields for houses are currently 4.07 with an average median rent of 650 weekly. Houses have seen 3.68 growth in the past quarter, and 15.03 growth in the past 12 months.
The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years.
Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.
In North Lakes, the median property price for a unit is currently 550,000 with annual capital growth of 19.83 . There were 85 unit sales in the past 12 months. On average, units spend 10 days on market.
If you're thinking about buying an investment property in North Lakes, consider that rental yields for units are currently 5.38 with an average median rent of 570 weekly. Units have seen 5.77 growth in the past quarter, and 19.83 growth in the past 12 months.
The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years.
Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.
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| Key Market Data | House | Unit |
| Median price | 845,500 | 550,000 |
| Quarterly growth | +3.68 | +5.77 |
| 12-month growth | +15.03 | +19.83 |
| Average annual growth | +11.76 | +8.25 |
| Weekly median rent | 650 | 570 |
| Gross rental yield | 4.07 | 5.38 |
| Number of Sales (12m) | 434 | 85 |
| Avg. Days on Market (12m) | 14 | 10 |
| Key Demographics | 2011 | 2016 |
| Total population | 15,045 | 21,670 |
| Population change (5y) | +65.91 | +44.00 |
| Median household income (p/w) | 1,788 | 1,838 |
| Household income change (5y) | +33.53 | +2.80 |
| Median age of persons | 31 | 32 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of North Lakes was 21,670 in 2016, a +44.00 change compared to 2011.
The predominant age group in North Lakes is 0-9 years.
The population of North Lakes was 21,670 in 2016, a +44.00 change compared to 2011.
The predominant age group in North Lakes is 0-9 years.
Most of the population in North Lakes were born in Australia.
Most of the population in North Lakes were born in Australia.
Most of the population in North Lakes report their religion as No Religion.
Most of the population in North Lakes report their religion as No Religion.
Most of the population in North Lakes report their income range as between 78,000 and 130,000 .
The median household income in North Lakes was 1,838 in 2016, a +2.80 change compared to 2011.
Most of the population in North Lakes report their income range as between 78,000 and 130,000 .
The median household income in North Lakes was 1,788 in 2011, a +33.53 change compared to 2006.
Most of the population in North Lakes work as Professional.
Most of the population in North Lakes work as Professional.
The chart below demonstrates the various levels of education in North Lakes.
The chart below demonstrates the various levels of education in North Lakes.
Most of the population in North Lakes reached a qualification level of Certificate.
Most of the population in North Lakes reached a qualification level of Certificate.
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