North Lakes Suburb Profile | Property Market & Development Guide | ACRES

Q: What does ACRES do?

ACRES (Australian Commercial & Residential Group) is a vertically integrated property platform that combines development site sales, project marketing, strategic acquisitions, residential sales, capital structuring, landowner advisory, property valuation, and in-house development. The business operates across South-East Queensland including Brisbane, Gold Coast, and the Sunshine Coast.

Q: What areas does ACRES cover?

ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands. The business maintains suburb intelligence profiles for over 100 suburbs with detailed market data, median prices, growth trends, and planning overlays.

Q: How does ACRES sell development sites?

ACRES operates upstream of traditional agency. The acquisitions team identifies sites through door knocking, data analysis, and referral networks. Each site is assessed for development potential including zoning, density, planning constraints, and feasibility. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market outcomes.

Q: What is ACRES' commission structure?

ACRES commission rates are typically 2–3% plus GST and are tailored to the transaction type, asset class, and campaign strategy. Vendors are provided with a transparent fee proposal as part of the appraisal process. Contact ACRES for a tailored quote.

Q: Does ACRES offer free property valuations?

Yes. ACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across 100+ suburbs in South-East Queensland. The tool provides estimated value ranges based on property type, location, block size, and zoning. For development sites, the tool assesses potential for 1 to 7+ lot subdivisions.

Q: Who are the directors of ACRES?

ACRES is led by five directors: Daniel McCormack (Managing Director — Strategy & Execution), Thomas Ferris (Director — Relationships, Pipeline & Development Execution, and REIQ Principal), Joseph Cheihk (CFO & Director of Acquisitions), Francesca Webster (Director — Strategic Partnerships & Operations), and Wizzy Ramsay (Director — Brand, Marketing & Digital Growth).

ACRES Advisory Team

Suburb Profile4509

North Lakes

Moreton Bay Regional Council · 30km north of Brisbane CBD

Median House

$992,000

Median Unit

$605,000

Population

24,454

Avg Land Size

450m²

From CBD

30km north

Proprietary ACRES Data

North Lakes Development Intelligence

ACRES Developer Demand Score

0/ 100

Emerging

Development Sites

0 properties tracked

Active Enquiries

0 owners in network

Recorded Offers

Amalgamation Sites

Median Land Size

—

Market Momentum

Building

Median Sale Price

$1,235,245

14% annual growth

ACRES is expanding its development-site coverage across North Lakes and the surrounding precinct. According to current market data, the median sale price sits near $1.24M, 14.0% annual growth.

Explore North Lakes & nearby

What's my North Lakes property worth?Moreton Bay Regional Council development guide Sell to a developer North Lakes development ranking Redcliffe profile Caboolture profile Strathpine profile Petrie profile All suburb profiles

Property Market Insights

Key market indicators and historical price trends for North Lakes

Annual Growth (Houses)

+17.6%

Annual Growth (Units)

+13.7%

Rental Yield (Houses)

4.3%

Rental Yield (Units)

5.3%

Avg. Days on Market

Vacancy Rate

1.1%

5-Year House Growth

+82%

5-Year Unit Growth

+73%

Market Demand

High

5-Year Median Price Trend

Houses
Units

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

About North Lakes

North Lakes is one of Australia's most successful master-planned communities, built on the former Petrie army barracks site. The suburb features the massive Westfield North Lakes shopping centre, excellent schools, and a diverse range of housing from affordable townhouses to premium lakeside estates. Its position on the Bruce Highway corridor makes it the gateway to Moreton Bay's northern growth.

Development Potential

Moderate. Most residential land has been developed, but remaining parcels near the town centre and lake support medium-density projects. The Town Centre precinct is intensifying with mixed-use development. Surrounding suburbs offer greenfield opportunities.

Key Zoning: Centre Zone, Low-Medium Density, Medium Density Residential

Growth Drivers

Master-planned community maturation
Westfield anchor
Family and professional demographic
Northern corridor growth
School catchment demand

Thinking of Selling?

ACRES provides complimentary property assessments for North Lakes owners. Discover your property's true development site value.

Free Assessment

Living in North Lakes

Infrastructure

Westfield North Lakes
North Lakes State College
Lake Eden parklands
Medical centres and specialist facilities
Bruce Highway interchange

Transport

Bus network to Brisbane
Bruce Highway access
Near Petrie train station
Future rail connection potential
Cycling paths

Lifestyle

Lakeside living and walking paths
Westfield retail and dining
Family-oriented community design
Sporting facilities and parks
Modern master-planned convenience

North Lakes Location

North Lakes, 4509 · Moreton Bay Regional Council

What's Nearby in North Lakes

Schools, parks, transport, shopping and education within North Lakes and surrounds

Schools

North Lakes State College
The Lakes College
Bounty Boulevard State School
Mueller College
St Benedict's College

Parks & Recreation

North Lakes Town Park
Aurora Boulevard Park
North Lakes Conservation Park
Melaleuca Lakes Parklands

Shopping

Westfield North Lakes
IKEA North Lakes
Costco North Lakes
Woolworths North Lakes

Transport

Mango Hill Station
North Lakes Bus Station
Petrie Station

North Lakes Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your North Lakes Property a Development Site? Signs to Look For

North Lakes is attracting growing developer interest. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in North Lakes

Current pricing benchmarks for development sites in North Lakes and the factors driving land values.

North Lakes Zoning Guide: What You Can Build on Your Block

A plain-English breakdown of North Lakes's zoning and what it means for your property's development value.

How Infrastructure Is Driving North Lakes Property Values

Key infrastructure and amenity driving development demand and property values in North Lakes.

Selling Your North Lakes Home to a Developer: A Complete Guide

Step-by-step process for selling your North Lakes property as a development site for maximum value.

North Lakes Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within North Lakes attracting the strongest developer demand.

View All 10 Articles

More Moreton Bay Suburbs

Explore other suburb profiles in the Moreton Bay region

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North Lakes Property Guides

In-depth articles about property, development, and investment in North Lakes

Should I Sell My North Lakes Property to a Developer?

What Is My North Lakes Property Worth to a Developer?

2032 Olympics Impact on North Lakes Property Values

Own Property in North Lakes?

Properties in North Lakes with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

40 property owners in North Lakes requested assessments this month

Request a Free Assessment

Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.