North Lakes at a glance
24,848
People
$1,055,000
Median sale
$686/wk
Median rent
3.38%
Suburb gross yield
Median sale from 183 recorded sales (last 12 months) — a Districts calculation.
QLD › North Lakes › Palmerston St
$970,000
Last sold
8 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
498 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$970,000
8 June 2026 · derived via latest_sale
Local land rate: recorded House sales in North Lakes (last 5 years) with land size have a median of $2,513/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
North Lakes at a glance
24,848
People
$1,055,000
Median sale
$686/wk
Median rent
3.38%
Suburb gross yield
Median sale from 183 recorded sales (last 12 months) — a Districts calculation.
Vs North Lakes
-8.1%
Median sale
Suburb $1,055,000
+0.30 pp
Gross yield
Suburb 3.38%
Suburb median $1,055,000 from 183 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $686/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
North Lakes at a glance
24,848
People
$1,055,000
Median sale
$686/wk
Median rent
3.38%
Suburb gross yield
Median sale from 183 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White North LakesPerfectly positioned on a corner allotment in a highly convenient North Lakes pocket, this beautifully maintained residence presents an exceptional opportunity for families, investors, or those seeking a low-maintenance lifestyle without compromise. Surrounded by parks, walking tracks and everyday amenities, the home offers the ideal balance of comfort, practicality and location, with everything you need just moments from your doorstep.
Designed with easy living in mind, the well-considered floorplan offers bright and inviting interiors complemented by an effortless indoor-outdoor flow. At the centre of the home, the spacious open-plan living and dining area adjoins a well-appointed kitchen featuring stone benchtops, quality stainless steel appliances, breakfast bar, and air-conditioning for year-round comfort. Glass sliding doors extend to the covered outdoor entertaining area, creating the perfect setting to relax with family and friends while overlooking the fully fenced backyard.
Accommodation comprises three generously sized bedrooms, including a privately positioned master suite at the front of the home complete with a walk-in robe, split-system air-conditioning and a modern ensuite. The additional bedrooms are both fitted with ceiling fans, while bedroom three also features a built-in robe. Servicing the home is the well-appointed main bathroom with a separate toilet, offering added convenience for busy households and growing families alike.
Additional features include ceiling fans throughout, security screen doors, internal laundry with external access, ample storage and a double remote garage with internal access. Positioned within close proximity to local schools, playgrounds, public transport and shopping precincts, the home also enjoys easy access to Costco, IKEA, Westfield North Lakes, dining options and the Bruce Highway, ensuring outstanding convenience for commuters and families alike.
Property Attributes:
- Well-appointed kitchen with stone benchtops, stainless steel appliances and ample storage space
- Air-conditioned open-plan living and dining area designed for everyday comfort
- Spacious master suite featuring air-conditioning, ceiling fan, walk-in robe, and ensuite
- Two additional bedrooms are both fitted with ceiling fans, while bedroom three also features a built-in robe
- Well-appointed main bathroom offering a separate bath and shower
- Functional separate laundry with convenient external access
- Outdoor alfresco entertaining area
- Manicured, fully fenced, low-maintenance yard
- Potential side access
- Double lock-up garage with internal access
- Situated on a 498m2 allotment
Local Schools:
North Lakes State College - Prep to year 12
The Lakes College Private
St Benedict's Catholic Primary School
St Benedict's Catholic College
Bounty Boulevard State School
Short Drive to:
Mango Hill & Dakabin Train Stations
Bunnings & Costco
Ikea & Westfield Shopping Centre
North Lakes Sports Club
Distances:
Brisbane CBD approx 45 min drive
Brisbane Airport approx 25 mins
Sunshine Coast approx 55 min drive
To find out more, please don't hesitate to contact Ryan Suhle on 0427 706 699.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Due to relevant legislations, a price guide isn't available for properties being sold without a price or via auction. Websites may filter a property being sold without a price or via auction into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.
Listing description written by Ryan Suhle, Ray White North Lakes — reproduced as published, not verified by Districts.