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 › Shimao Cres
$1,005,000
Last sold
18 Feb 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
400 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
$1,005,000
18 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in North Lakes (last 5 years) with land size have a median of $2,504/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
-4.7%
Median sale
Suburb $1,055,000
+0.17 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 LakesThis beautifully presented lowset home at 26 Shimao Crescent is a must-see for buyers seeking a blend of style, comfort, and functionality. Featuring sleek contemporary finishes, the residence offers a practical yet elegant layout, with neutral tones and quality inclusions creating a warm and inviting atmosphere from the moment you arrive.
The tiled open-plan living and dining area, together with a separate carpeted family room, is enhanced by Airtouch2+ controlled ducted air conditioning, ensuring year-round comfort for the entire family. At the heart of the home, the modern kitchen features a stainless steel electric oven and gas cooktop, a dishwasher, and generous bench and storage space, ideal for both everyday living and entertaining.
Accommodation is thoughtfully designed, with the master bedroom featuring a built-in robe and ensuite. Two additional bedrooms are equipped with built-in robes and are serviced by a main bathroom complete with vanity, shower, bathtub, and a separate toilet. A dedicated laundry with external access further enhances practicality throughout the home.
The outdoor spaces are equally appealing, featuring a covered alfresco area that flows seamlessly from the living zone, ideal for weekend BBQs or relaxed evenings. The fully fenced backyard boasts manicured, low-maintenance gardens and plenty of space for children and pets to play. Additional features include an 8-camera security system and an upgraded FTTP NBN connection, providing both safety and high-speed connectivity. A double remote lock-up garage with internal and external access completes this practical and stylish home.
Property Attributes:
- Modern kitchen with electric oven, gas cooktop, dishwasher and generous storage
- Tiled open-plan living and dining area opening out to the outdoor entertaining area
- Separate carpeted family room - perfect for separation
- Airtouch2+ controlled ducted air conditioning throughout
- Master bedroom with built-in robe and ensuite
- Two additional bedrooms with built-in robes and ceiling fans
- Main bathroom with shower, bathtub, and separate toilet
- Dedicated laundry with external access
- Covered alfresco area overlooking the manicured backyard
- Fully fenced backyard with manicured, low-maintenance gardens
- Double remote lock-up garage with internal and external access
- 8 Camera security system
- Upgraded FTTP NBN connection
- Situated on a 400m2 allotment
Local Schools:
Bounty Blvd State School Catchment - Prep to year 6
The Lakes College Private
St Benedict's Catholic Primary School
St Benedict's Catholic College
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
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.