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ABS 2021 Census · Updated 21 May 2026
North Lakes is a regional centre in Queensland, Australia, with a population of approximately 23,030, making it a sizeable community. Located approximately 28 km from the Brisbane CBD, North Lakes is a regional area in Queensland. The median household income is $108,784 per year.
Above-average earnings in North Lakes support sustained property values. Distance from major centres is a consideration, though regional markets can offer higher rental yields.
Official Australia Post postcode for North Lakes. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 6 schools within or near this suburb.
Find schools near North Lakes on My School →Estimated 9 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
With 23,030 residents, North Lakes is one of Queensland's more populous suburbs — roughly 4.2× the state median of 5,474 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $108,784/year runs 20% above the Queensland suburb median of $90,298, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $420 equates to $1,820/month — about 93% of the median mortgage repayment of $1,950/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 28 km from Brisbane, North Lakes is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How North Lakes stacks up against the median of all Queensland suburbs in our dataset. Positive values mean North Lakes sits above the state median; negative means below.
| Metric | North Lakes | QLD median | Δ vs state |
|---|---|---|---|
| Population | 23,030 | 5,474 | +321% |
| Median household income | $108,784/yr | $90,298/yr | +20% |
| Median rent (weekly) | $420 | $385 | +9% |
| Median mortgage (monthly) | $1,950 | $1,733 | +13% |
| Distance to CBD | 28 km | 62 km | -55% |
| Separate houses | 82% | 77% | +5pp |
Pre-inspection briefing for North Lakes — every item is derived from public datasets, with full citations in our data sources page.
Solid buy-and-hold profile: a population of 23,030 and household income close to the QLD median ($108,784 vs $90,298) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Strong rental coverage: $420/week (~$1,820/month) covers 93% of the $1,950/month median mortgage repayment, so the shortfall sits at just $130/month. Investors targeting positive cash flow should shortlist this suburb.
With 82% houses in a 23,030-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a North Lakes property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in North Lakes should track the wider Queensland market through 2026, with the $108,784/year median household income (20% above the $90,298 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~93% of the typical mortgage ($1,820/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 66/100 places North Lakes in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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North Lakes scores 66/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 23,030, median household income of $108,784/year and median weekly rent of $420. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in North Lakes are an above-state-median household income of $108,784/year, a dwelling mix that is 82% separate houses, roughly 6 schools and 9 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
North Lakes has a usual resident population of approximately 23,030, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
North Lakes sits 28 km straight-line from the Brisbane CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
The most recent census recorded a median weekly rent of $420 in North Lakes, equating to approximately $21,840/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in North Lakes is $1,950, or approximately $23,400/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $420 works out to $1,820/month, covering 93% of the median mortgage repayment of $1,950/month. That leaves a $130/month shortfall (around $1,560/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,950 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.