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 › Otway Pde
$1,361,000
Last sold
26 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
646 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
$1,361,000
26 May 2026 · derived via latest_sale
Local land rate: recorded House sales in North Lakes (last 5 years) with land size have a median of $2,513/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
+29.0%
Median sale
Suburb $1,055,000
-0.76 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.
Nearby
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 LakesStep into your own private retreat, where everyday living feels like a resort escape. Tucked away on a peaceful, elevated 646sqm block, this home offers a beautifully secluded outlook framed by lush greenery and striking Merbau feature fencing, creating a true sense of privacy and calm.
Inside, warm bamboo flooring flows through the main living areas, adding natural charm and a relaxed, coastal feel. At the centre of it all is the stunning, renovated kitchen, generous in size and thoughtfully designed with quality finishes, ample storage, and expansive bench space. It's a space that naturally brings people together, whether for entertaining or everyday family life.
The open plan living and dining area connects seamlessly to the outdoors, capturing tranquil views and inviting breezes, while multiple living zones provide flexibility for growing families or those who love to host.
Perfectly positioned just two doors from Squire Park, where kids can enjoy expansive green space and a fantastic playground, the location is as appealing as the home itself. With local schools, convenience shopping, and public transport all within easy walking distance, this is a lifestyle opportunity not to be missed.
Featuring:
- Renovated kitchen with so much storage, bench space and room for everyone. Complete with stone tops, gas cooktop with exhaust fan, electric under bench over, soft close draws, large pantry, water point for fridge, black granite double sink, window opens as a survery, feature pendant lighting plus feature solid oak benchtop
- Spacious open plan lounge & dining room with pendant lighting over the dining area and VJ feature walls, plus three large glass sliding doors (a wall of glass) allows so much natural light in, and the flow from inside and out simply seamless
- Separate rumpus / media room, with tinted windows, a/c and fan
- Underroof tiled alfresco with feature ceiling panelling, feature lighting to eves all overlooking the deck area & pool
- Tiled area stretches to the boundary and to the front internal fence, creating another dining space and bbq area - perfect for a game of handball or the kids to have a ride around
- Inground concrete pool, 6.5m x 3.5m, 1.8m deep, salt and chlorine pool with glass balustrade, merbau decking, feature lighting, umbrella, outside shower, all lined with greenery and is incredibly private
- Plenty of lush yard space for the kids, kids accessories and built in bench seat plus synthetic grass beside the pool area and outside of the kitchen survery
- Master bedroom located at the rear of the home, with view out to the pool, built in robes, a/c, fan and ensuite
Beautifully renovated ensuite with walk in shower, vanity and toilet
3 additional bedrooms all with built in robes & fans (2 have sheer and block out blinds, 1 has complete block out blinds)
Main bathroom with shower, bath, vanity and toilet
Internal laundry with solid oak benchtop
Double garage with external access through a double glass sliding door (could be converted to a roller door for drive through access?)
13kW solar panels with inverter
Concrete sleeper retaining wall
Colour bond fencing
Merbau decking to pool area and feature fencing
Electric hot water system
Security screens
2002 brick & colourbond construction
Tinted windows to bed 4 & rumpus/media room
LED downlights
Cyprus Hardwood frame
Insulated sarking
Rates notice $660 last quarter
Unity water $495 last quarter
Electricity $162 for the month March - April
Potential rental return of up to $1,100/week
This is a home that blends style, comfort, serenity, and convenience, offering a lifestyle that feels like a permanent getaway.
I look forward to meeting you at the open home, this home is a must see if your seriously looking for beautiful home.
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 Michelle Wheeler, Ray White North Lakes — reproduced as published, not verified by Districts.