Since securing the site back in 1999, Stockland has transformed North Lakes from a large patch of unused land off the side of the Bruce Highway, to one of the northside’s most enviable suburbs. Rapid and continued expansion as well as a deeply-cemented focus on lifestyle, community facilities and green space, means North Lakes is well and truly on our radar.
North Lakes has won Best Masterplanned Development of the Year at the Queensland UDIA Property Awards twice; and with a brand new 1.7-hectare lifestyle project expected within the next few years, North Lakes is destined to become a mini-city in its own right.
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KEY STATISTICS
Median apartment price
$367,000
Median house price
$492,000
Median house rental value
$420 per week
Median apartment rental value
$360 per week
Transport
The Moreton Bay Rail Link connects North Lakes to the Queensland Rail network. There are also many bus routes available.
Things we love…
- There are plenty of retail and dining options available in North Lakes
- In less than ten minutes, you can be on the beach front at Redcliffe.
- The new Laguna North Lakes is expected to be another great drawcard for the area.
But remember that…
- The only way in and out of Brisbane to North Lakes is often congested.
- North Lakes State College is expected to reach capacity in the next few years.
- Most of North Lakes residents are owner-occupiers, so opportunities to rent are not plentiful.
Location & Transport
North Lakes is continually expanding, with each year bringing a new drawcard to the suburb. From Bunnings, Costco and IKEA opening in North Lakes, plus a $140 million redevelopment of the Westfield Shopping Centre in 2016, to North Lakes Sports Club in 2017.
North Lakes is located just 40 minutes from Brisbane city, and 45 minutes to the Sunshine Coast. Anzac Avenue provides easy access to the Bruce Highway, heading in both directions. Traffic along the Bruce Highway and Gympie Road is very busy during peak hour, with no real viable alternative route into the city. However, thanks to the Moreton Bay Rail Link, nearby Mango Hill Train Station gives residents access to the Brisbane Metro rail services. The North Lakes bus station is located on the opposite side of Endeavour Boulevard to the Westfield, with bus routes running throughout the suburb and connecting to city-bound buses.
Lifestyle
Within North Lakes itself, there is a wealth of services and dining options right in the heart of the community. Westfield North Lakes opened their brand new dining precinct in 2016, bringing plenty of new and exciting food options to the area. The Westfield is also home to an Event Cinema, so there’s no excuse for skipping date night. There are plenty of quality cafes nearby (renowned as some of the best in Brisbane) with BLVD Bar and Cafe and The Fort Speciality Coffee coming in on the top of our list. There is also a health precinct with a hospital and several specialist clinics.
The Corso is the newest addition to North Lakes, providing a large community centre with commercial kitchen, meeting rooms and function spaces as well as a large terrace. Lake Eden is located in the middle of North Lakes as its stunning centrepiece, offering a great location for barbecues and picturesque walks on the footpaths surrounding it. Lake Eden is also home to a beautiful population of black swans.
North Lakes Golf Club sits towards the back of the suburb, with an 18-hole golf course and a beautifully maintained green. In July of 2018, North Lakes Golf Club announced their impending closure scheduled for the end of 2019. Since then, the community has rallied in support of the golf club, rumoured to be being sold to Village Retirement Group.
The suburb demographic is primarily families who make up 59 percent of residents; the majority are young owner-occupiers with the average age of people living in North Lakes between 20 and 39 years old.
Education
The local catchment school is North Lakes State College, which services Prep to Year 12 and consistently scores highly in both NAPLAN and OP results. With 2,997 students enrolled in North Lakes State College in 2017, the school is predicted to reach capacity (3320 students) within the next few years. The Lakes College is the closest private school, which achieved OP results within the top ten in the state for 2016 and 2017.
The University of the Sunshine Coast Petrie campus, opening in 2020, is estimated to draw 10,000 students within its first decade of operation. This campus is only 15 minutes drive from North Lakes, so the suburb is expected to benefit from the influx of new students.
Developments
While the majority of North Lakes has already been developed into house and land estates over the last couple of decades, there are still a few areas remaining. Vida North Lakes is a collection of 96 townhomes located within walking distance of Lake Eden; which is currently under construction and scheduled for completion in 2019. The surrounding suburbs of Griffin, Mango Hill and Dakabin are capitalising on the services and lifestyle offering available in North Lakes, with house and land developments available in all three suburbs.
Early in 2018, Stockland launched Laguna North Lakes — a $250 million project featuring commercial space, a hotel, events centre and other community facilities. Planned to begin construction next year, Laguna North Lakes is being developed by the George Group and Pointcorp who brought Brisbane’s James Street to life. With high street retail, alfresco dining and trendy bars all set to take the retail tenancy along Laguna Drive, Laguna North Lakes will cement North Lakes as the premier lifestyle destination in Brisbane’s northern suburbs.
