North Lakes Property Growth
QLD · 4509 · North Brisbane
A master-planned suburb in the Moreton Bay region, built around a large town centre and man-made lakes, popular with families for its newer housing and amenity.
Overview
Location: Moreton Bay Regional Council
A master-planned suburb in the Moreton Bay region, built around a large town centre and man-made lakes, popular with families for its newer housing and amenity.
Market Snapshot
Median House Price
$1.05m
Median Unit Price
$780k
Avg Days on Market
13 days
Demographics
Estimated Population
21,658
Owner Occupier Rate
57.0%
Renter Rate
43.0%
Transport & Connectivity
North Lakes has no train station within the suburb itself; the nearest is Mango Hill on the Moreton Bay Rail Link (Redcliffe Peninsula line), around a 10-15 minute drive away, connecting to Brisbane's Central Station. By car, North Lakes is roughly 30-40 minutes from the Brisbane CBD via the Bruce Highway and Anzac Avenue, with a further staged Bruce Highway upgrade between Anzac Avenue and Uhlmann Road in early planning as of 2025 to add extra lanes. Local bus services connect the suburb to the Mango Hill and neighbouring stations. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
North Lakes State College (Prep-12), The Lakes College and Bounty Boulevard State School give the suburb a broad spread of state, Catholic and independent schooling. Several further schools are within a short drive in Mango Hill and Murrumba Downs. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Westfield North Lakes anchors the suburb's retail and entertainment offering, with a Myer, multiple supermarkets, an IKEA and more than 200 specialty stores, alongside the Brisbane region's first Costco Warehouse. The master-planned town centre also includes a council library, leisure centre and public pool, and a further $180 million town centre precinct — proposed to include a boutique hotel, restaurants and fashion retail — has been put forward by developer Comiskey Group. Extensive parklands and lakeside pathways run through the suburb's residential areas.
Employment
Major Employment Hubs
- An established Business Park in North Lakes is home to a cluster of homemaker retailers and trade businesses, alongside logistics and light industrial operators taking advantage of the suburb's Bruce Highway access.
Commercial Centres
- Westfield North Lakes is the dominant commercial centre for the wider area, with the proposed $180 million town centre precinct expected to add further hospitality, retail and hotel activity.
Infrastructure
Planning is progressing on a staged upgrade of the Bruce Highway between Anzac Avenue, North Lakes and Uhlmann Road, Burpengary, with scoping and early investigations underway from mid-2025 and the Anzac Avenue to Uhlmann Road section moving toward detailed design. Separately, Comiskey Group's proposed $180 million North Lakes Town Centre Precinct, on a 1.72-hectare site, is projected to generate more than 880 jobs during construction and its first five years of operation.
No further projects beyond those noted above are currently confirmed for North Lakes. Check Infrastructure Australia's project pipeline, State Government announcements or City of Moreton Bay's website for the latest updates.
Growth Drivers
- Master-planned town centre — designed around wide streets and interconnected parklands, North Lakes' town centre includes a council library, leisure centre and public pool alongside its shopping precinct.
- Major retail precinct — Westfield North Lakes includes a Myer, multiple supermarkets, an IKEA and over 200 specialty stores, plus the Brisbane region's first Costco Warehouse.
- Nearby rail access — the Mango Hill train station on the Redcliffe Peninsula line, part of the Moreton Bay Rail Link, is within a 10-15 minute drive of most of the suburb.
- Strong school offering — North Lakes State College, The Lakes College and Bounty Boulevard State School give the suburb a broad range of state, Catholic and independent schooling options.
Key Risks
- North Lakes has no train station within the suburb itself, with the nearest station at Mango Hill a drive away, meaning residents without cars rely more on bus connections.
- As a well-established master-planned suburb, premium retail and amenity can be reflected in entry prices compared with newer, less developed nearby suburbs.
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
Frequently Asked Questions
North Lakes' growth drivers include its master-planned town centre, the major Westfield North Lakes retail precinct with IKEA and Costco, and a strong range of state, Catholic and independent schools, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
North Lakes State College (Prep to Year 12), The Lakes College and Bounty Boulevard State School are among the suburb's education options, spanning state, Catholic and independent providers.
North Lakes has no train station of its own; the nearest is Mango Hill on the Redcliffe Peninsula line, within a 10-15 minute drive of most of the suburb, connecting to Brisbane via the Moreton Bay Rail Link. Verify current timetables before relying on any commute estimate.
Westfield North Lakes anchors the suburb's retail and entertainment offering, alongside a town centre library, leisure centre, public pool and extensive parklands.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Moreton Bay— https://www.moretonbay.qld.gov.au/
- State GovernmentTranslink / Queensland Rail— https://translink.com.au/
- State GovernmentQueensland Department of State Development, Infrastructure, Local Government and Planning— https://www.statedevelopment.qld.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au/
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.