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
26
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.
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.
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40 property owners in North Lakes requested assessments this month
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.