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 › Severn Cres
$1,005,000
Last sold
8 Dec 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
520 m²
Land
190 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
$1,005,000
8 Dec 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
-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 LakesSituated in a highly sought-after pocket of North Lakes, this beautifully presented four-bedroom family home offers space, comfort and convenience on a generous 520m² block. Designed with family living in mind, the home features a functional layout and comfortable spaces for the whole family to enjoy.
As you enter, you're greeted by an inviting lounge room at the front of the home. Rich hybrid flooring, a ceiling fan and multiple windows creates a light and warm relaxing space - perfect for unwinding or welcoming guests. Following this area is the master bedroom, featuring matching hybrid floors, a ceiling fan, walk-in robe and a private ensuite with shower, vanity and toilet.
The internal laundry offers plenty of storage and opens directly out to the backyard for added convenience. Moving through the home, the central open-plan area combines the kitchen, dining and living spaces. The kitchen includes a large breakfast bar with a double sink, ample cupboard space, electric cooktop, oven and dishwasher - everything you need for easy family living. The dining area has a ceiling fan for comfort, while the air-conditioned open plan living room opens directly onto the covered alfresco area through sliding doors, making indoor-outdoor living a breeze.
The remaining three bedrooms are all fitted with ceiling fans and hybrid flooring; two feature built-in robes and one offers a walk-in robe. These rooms are serviced by a well-appointed main bathroom featuring a bath, shower and vanity, with a separate toilet, adding convenience for busy families.
Outside, you'll find a spacious backyard with side access - ideal for children, pets or extra storage - along with a covered alfresco area perfect for entertaining. A handy garden shed provides extra storage for tools and equipment, while a double garage with internal access completes the home.
Perfectly positioned near local parks, quality schools, shops and public transport, this home offers a lifestyle of comfort and convenience. Just a short drive to Westfield North Lakes, dining precincts and recreational facilities, everything your family needs is right at your doorstep. 37 Severn Crescent is move-in ready and waiting for you to enjoy all that the vibrant North Lakes community has to offer.
Features List -
• Master bedroom with walk-in robe, ceiling fan and private ensuite
• Three additional bedrooms with ceiling fans; one with walk-in robe
• Multiple living areas
• 2 car garage with internal access
• Modern kitchen with breakfast bar, double sink, ample storage, electric cooktop, oven, and dishwasher
• Internal laundry with storage and direct backyard access
• Covered alfresco and spacious backyard with garden shed and side access
• Ceiling fans throughout and air conditioning in open plan living
• Water Tank
• Security Screens
• Prime location: Close to parks, schools, shops, public transport and minutes from Westfield North Lakes
Location Highlights:
950m - 4 min -Bounty Boulevard State School
1.8km - 4 minutes - Costco
3.9km - 7 min -North Lakes State College
5.3km - 9 minutes to Mango Hill East Train Station
4.4km -9 minutes to Westfield North lakes
34.6km - 28 minutes to Brisbane Airport
34.1km - 35 minutes to Brisbane CBD
For more information, please contact Vijay Kumar 0477 199 210 or Mikayla Sansom 0444 558 880
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 Vijay Kumar, Ray White North Lakes — reproduced as published, not verified by Districts.
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