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 › Franklin St
$899,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
336 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
Asking
$899,000
Asking · $2,676/m² of land
No recorded sale for this property.
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
-14.8%
Median sale
Suburb $1,055,000
+0.59 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.
$40,780 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with North Lakes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 LakesPositioned in a peaceful setting overlooking picturesque parklands, this beautifully presented two-storey home offers the perfect balance of comfort, functionality and low-maintenance living. Thoughtfully designed with families in mind, the home showcases multiple living areas, seamless indoor-outdoor flow and a practical floorplan that effortlessly caters to modern lifestyles.
At the heart of the home is the well-appointed kitchen, featuring an electric cooktop, oven, dishwasher, breakfast bar and an abundance of storage. Overlooking the air-conditioned open plan living and dining area, this inviting space flows seamlessly to the covered alfresco, creating the perfect setting for entertaining family and friends while enjoying the beautifully maintained, fully fenced backyard.
Also located on the ground floor is a separate media room or home office, providing the flexibility to suit your family's needs, along with a convenient powder room and a separate internal laundry.
Upstairs, the spacious master suite offers a private retreat complete with its own ensuite, air-conditioning, built-in robe, ceiling fan and direct access to a private balcony. Two additional bedrooms are generously proportioned and feature built-in robes and ceiling fans, while the main bathroom includes both a separate shower and bathtub, perfectly suited to growing families.
Perfectly positioned opposite expansive parklands, walking tracks and playgrounds, this home offers an enviable lifestyle where outdoor recreation and family enjoyment are right on your doorstep. Whether you're searching for your forever family home or a quality investment in a highly sought-after location, this exceptional property delivers the perfect combination of comfort, convenience and lifestyle.
Property Features:
- Beautifully appointed kitchen with electric cooktop, oven, dishwasher, and ample storage
- Open plan living and dining area flowing seamlessly to the outdoor entertaining area
- Separate media room / office downstairs
- Spacious master bedroom with ensuite, air-conditioning, and balcony access
- Two additional bedrooms with built-in robes and ceiling fans
- Main bathroom featuring a separate shower and bathtub
- Convenient downstairs powder room
- Separate internal laundry
- Covered outdoor entertaining area
- Fully fenced, low-maintenance backyard
- Peaceful parkland views
- Secure double lock-up garage
- Situated on a 336m2 allotment
Local Schools:
North Lakes State College - Prep to year 12
The Lakes College Private
St Benedict's Catholic Primary School
St Benedict's Catholic College
Bounty Boulevard State School
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
To find out more, please don't hesitate to contact Ryan Suhle on 0427 706 699.
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.