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 › Cheviot St
$900,000
Last sold
20 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
401 m²
Land
132 m²
Building
Districts View
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
$900,000
20 July 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
-14.7%
Median sale
Suburb $1,055,000
+0.58 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 scheme
MBRC Planning Scheme
Zone
Not applicable
Not applicable
Jurisdiction
Moreton Bay Regional Council
Moreton Bay, QLD
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
QLDZoned Not applicable (MBRC Planning Scheme). Official parcel area about 703 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Not applicable (MBRC Planning Scheme). Official parcel area about 703 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 703 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Murrumba DownsTucked away on a peaceful, family-friendly street, 23 Cheviot Street presents an outstanding opportunity to secure a well-designed home in the highly sought-after suburb of North Lakes. Blending comfort, functionality, and investment appeal, this property is perfectly suited to both homeowners and savvy investors alike.
Step inside to a thoughtfully planned layout that caters to modern living. The home features three generously sized bedrooms, with the master suite offering a private ensuite and a relaxing retreat at the end of the day. The remaining bedrooms are well-appointed and serviced by a central bathroom, ideal for family living or accommodating guests easily.
Multiple living zones enhance the home's versatility. A separate living room at the front provides a quiet space to unwind, while the open-plan kitchen, dining, and family area forms the true heart of the home. This central hub is perfect for bringing everyone together, whether for casual family meals or entertaining friends. The kitchen is both practical and inviting, with ample bench space, storage, and a layout that keeps you connected to the living areas.
Outside, the low-maintenance design ensures easy upkeep, making it an excellent option for busy households or investors seeking a hassle-free addition to their portfolio. The double car garage provides secure parking and additional storage space, adding to the home's overall convenience.
Adding to its appeal, the property is currently tenanted, offering an immediate rental return for investors. This makes it a smart, ready-made investment opportunity with income from day one, while still holding strong future potential for owner-occupiers once the tenancy concludes.
Located in the thriving community of North Lakes, residents enjoy an exceptional lifestyle. The area is renowned for its beautifully maintained parks, scenic walking tracks, and family-friendly amenities. You're just minutes from Westfield North Lakes, a wide selection of cafes and restaurants, quality schools, medical facilities, and public transport options. With easy access to the Bruce Highway, commuting to Brisbane or heading north to the Sunshine Coast is both quick and convenient.
23 Cheviot Street is more than just a property. It's a versatile home offering lifestyle, location, and immediate investment benefits in one of North Lakes' most desirable pockets.
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 Murrumba Downs — reproduced as published, not verified by Districts.