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 › Merion Cres
$900,000
Last sold
5 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
312 m²
Land
142 m²
Building
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
$900,000
5 Aug 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
-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 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 NewportJamie and Lilly Bayliss are proud to present this well-positioned family home in the sought-after Fairway Chase precinct of North Lakes. Offering a practical four-bedroom layout, separate living spaces, a private master suite positioned away from the remaining bedrooms, and a backyard that directly adjoins local parkland, this home is designed around the way families actually live.
Set on a low-maintenance block, this home provides the perfect balance of connection and privacy. Imagine children enjoying the freedom of the parkland playground just beyond the fence, morning walks and bike rides through the estate's network of green spaces, and afternoons spent relaxing under the covered alfresco while the kids or pets play safely in the fully fenced yard. With a separate lounge room, a flexible front bedroom ideal as a home office or guest room, and a family-friendly layout that keeps everyone connected while still offering separation, this is a home designed to make everyday life easier.
At the heart of the home, the modern kitchen combines practicality with easy family living. Featuring stone benchtops, a breakfast bar for casual meals or homework supervision, dishwasher and microwave cavities, and a layout that overlooks the dining and living spaces, the kitchen keeps you connected to the moments that matter. With a seamless flow through to the alfresco and backyard, entertaining friends or keeping an eye on the family becomes effortless.
Offering three bedrooms with built-in wardrobes, plus the master suite at the rear of the home complete with an ensuite and walk-in robe, while the remaining bedrooms are positioned separately for children or guests. Combined with the open-plan living area, separate lounge, practical bathrooms with additional mirrored storage, and a well-connected location, this home provides a wonderful opportunity for families looking to settle into North Lakes.
FEATURES;
Interior Features:
• Split system air conditioning
• Vertical blinds throughout
• Downlighting throughout
• Ceiling fans throughout
• Security screens
• Open plan kitchen, living, and dining area
• Separate lounge/media room
• Master bedroom with ensuite and walk-in robe
• Additional mirrored bathroom storage
Kitchen:
• Stone benchtops and island bench with breakfast bar
• Quality fixtures and fittings
• Dishwasher and microwave cavities
• Electric cooktop
• Quality kitchen appliances
Outdoors:
• Covered alfresco area overlooking the backyard
• Fully fenced yard
• Backing onto local parkland with playground and BBQ facilities
• Mature established gardens
• Double garage with roller door
LOCATION:
Situated in a family-friendly street, this property offers a lifestyle surrounded by greenery, convenience and community. With parkland directly behind the home featuring a playground and BBQ facilities, plus walking and bike paths connecting the estate's parks and green spaces, there are plenty of opportunities to enjoy the outdoors without leaving the neighbourhood.
Conveniently located near Westfield, Bunnings, Costco, and other amenities, this property seamlessly combines convenience with serenity, offering the perfect backdrop for your family's next chapter.
Families will appreciate being within easy walking distance to Bounty Boulevard State School, with the home also close to Aurora Park, offering sporting facilities, open spaces and a large playground. Everyday essentials, shopping, dining and services are all within a short drive, making this a convenient location for busy families.
DISTANCES;
Bounty Boulevard State School - approx. 5 minute walk
North Lakes Westfield Shopping Centre - approx. 10 minute drive
North Lakes retail precinct, Costco, Bunnings and surrounding amenities - approx. 7 minute drive
North Lakes Train Station - approx. 10 minute drive
Daycare centre - approx. 5 minute walk
Nearest park/playground - directly behind the property
Brisbane Airport - approx. 35km
Brisbane CBD - approx. 34km
Call Jamie and Lilly today on 0408 375 853 to find out more or come along to one of our upcoming open homes. As a hands-on team, we provide full personal service at every inspection throughout North Lakes, Mango Hill, and surrounding areas.
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. This property is being sold without a price, and therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Jamie & Lilly Bayliss, Ray White Newport — reproduced as published, not verified by Districts.