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 › Friars Cres
$995,000
Last sold
6 Jan 2026
6
Bedrooms
2
Bathrooms
2
Car spaces
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
$995,000
6 Jan 2026 · derived via latest_sale
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
-5.7%
Median sale
Suburb $1,055,000
+0.21 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 Hugo Alexander Property Group Fortitude ValleyPerfectly positioned opposite a tranquil park and moments from schools, shops, and the upcoming North Lakes precinct development, this spacious six-bedroom family home offers the ideal blend of lifestyle, versatility, and comfort.
Designed with large families and entertainers in mind, the home boasts multiple living zones, generous bedrooms, and thoughtful touches throughout. The heart of the home is the open-plan kitchen and dining area, complete with a superb butler’s pantry and seamless flow to the intimate yet spacious outdoor entertaining area; perfect for gatherings or relaxing in privacy.
Enjoy year-round comfort with air conditioning in the main living area and four out of six bedrooms, complemented by ceiling fans throughout the home. The residence also includes a main bathroom, ensuite, and two additional separate toilets, ensuring convenience for the entire family.
Upstairs, a ceiling loft provides excellent storage or creative potential, while solar panels enhance energy efficiency and reduce running costs. Originally designed with dual garages, both have been cleverly converted into bedrooms, with the option to reopen one or both if desired, giving future owners outstanding flexibility.
Located just a short drive from North Lakes State College, daycare centres, shops, Westfield North Lakes, medical facilities, and highway access, this property combines practicality and lifestyle in one impressive package.
Key Features:
- Six spacious bedrooms, including master with ensuite
- Main bathroom plus two additional separate toilets
- Air conditioning in four out of six bedrooms and the main living area
- Ceiling fans throughout
- Open-plan living and dining with seamless indoor-outdoor flow
- Modern kitchen with large butler’s pantry
- Private covered entertaining area, ideal for gatherings
- Loft storage for extra convenience
- Fully fenced backyard
- Solar panels for energy efficiency
- Parkland views directly opposite
- Close to schools (including the highly regarded Bounty Boulevard), shops, and the proposed North Lakes precinct
An opportunity not to be missed — this exceptional family home blends functionality, comfort, and long-term potential in one of Brisbane’s most sought-after lifestyle communities.
Listing description written by Adam Nobel, Hugo Alexander Property Group Fortitude Valley — reproduced as published, not verified by Districts.
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