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
$1,200,000
Last sold
17 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
512 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
$1,200,000
17 Nov 2025 · 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
+13.7%
Median sale
Suburb $1,055,000
-0.41 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 LakesBeing complemented by quality finishes throughout, this stunning family home will leave a lasting impression from the moment you arrive. Perfectly positioned on a generous 512m² block, it enjoys a convenient location close to everything including parks, schools, and major amenities such as Westfield North Lakes, Costco, Bunnings, and IKEA, making everyday living both easy and enjoyable.
The heart of the home is the modern kitchen featuring Caesarstone benchtops, a walk-in pantry, and premium appliances. Overlooking the open-plan living and dining area, this space delivers seamless connection and effortless flow. Soaring raked ceilings elevate the sense of space and light, creating an impressive atmosphere that enhances the home's open, airy feel. Step outside to the fully fenced backyard where the covered alfresco area sets the scene for year-round entertaining and relaxed family living.
Designed with family comfort in mind, the layout includes a second living area and a dedicated study nook, providing flexible spaces to suit every need. The master suite offers a private retreat complete with a walk-in robe and a luxurious ensuite boasting stone benchtops and double vanities. Each additional bedroom is generously sized with built-in wardrobes and shares access to a stylish main bathroom.
With four bedrooms, two living areas, and a location opposite the park and close to schools, shops, and restaurants, this home delivers the ultimate family lifestyle. Enhanced by added luxuries such as ducted air conditioning and elegant square-set cornices, it captures the perfect balance of sophistication and practicality.
Key Features
- Multi-zoned reverse cycle ducted air conditioning
- 8kW solar system with Wi-Fi connectivity
- Separate living and dining areas flowing to a grand alfresco
- Stylish main bathroom with stone benchtops
- Contemporary kitchen with 900mm appliances, quality finishes, and Caesarstone benchtops
- Master bedroom with walk-in robe and luxurious ensuite
- Three additional bedrooms with built-in wardrobes
- Separate laundry and abundant linen storage
- Alfresco area fitted with remote-controlled automatic blinds, fully enclosing the space to create an additional room when closed
- Double lock-up garage with internal access
- Land size: 512m²
- Approximate build year: 2010
Local Schools:
North Lakes State College
The Lakes College Private
Bounty Boulevard State School
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.