North Lakes Property Market Insights
North Lakes has established itself as one of the most active residential markets in the Moreton Bay region. With consistent buyer demand, low days on market, and strong value growth across both houses and units, the suburb continues to attract owner-occupiers and investors alike. The data below reflects the current state of the North Lakes sales market, drawn from the latest Cotality (Formerly RPData) report prepared in June 2026.
North Lakes House Market – May 2026*
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364Properties Sold (Houses – 12 Months)
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12.5Days on Market (Houses – 12 Months)
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$1.17mMedian Value (Houses – May 2026)
North Lakes Unit Market – May 2026*
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66Properties Sold (Units – 12 Months)
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1Days on Market (Units – 12 Months)
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866kMedian Value (Units – May 2026)
North Lakes House Market Update
The North Lakes house market is performing strongly. The median house sale price sits at $1,005,000 over the past 12 months, with the current median value recorded at $1,179,423 as at May 2026, a 23.5% increase on the same time last year. To put that growth in context, the median house value in May 2017 was $513,015, meaning values have more than doubled over the past decade.
Homes are selling quickly, with a median of just 12.5 days on market, and 364 houses sold in the 12 months to March 2026. The majority of sales fall in the $800,000 to $2 million price range, with 157 sales recorded between $800,000 and $1 million and 186 sales between $1 million and $2 million. The upper quartile sale price sits at $1,201,250, while the lower quartile is $910,000, reflecting a relatively tight price band for a suburb transacting at this volume.
For those considering renting their property, the median asking rent for houses is $685 per week, representing a 5.4% increase over the past 12 months.
North Lakes Unit Market Update
The North Lakes unit/townhouse market has recorded some of the strongest growth figures in the suburb’s recent history. The median unit value reached $855,990 in May 2026, up 35% on the same time last year and more than double the May 2017 figure of $369,174.
The median unit sale price over the past 12 months is $756,250, with 66 units sold in the 12 months to March 2026. Units are moving quickly, with a median of 12 days on market. Sales are concentrated in the $600,000 to $800,000 range, which accounted for 36 of the 66 sales recorded. The upper quartile sits at $850,000, with the lower quartile at $668,525.
Median asking rent for units stands at $640 per week, with rental rates rising 11.8% over the past 12 months, a notably strong result for investors holding units in the suburb.
