North Lakes is a suburb located in the Moreton Bay Region of Queensland, Australia. It is situated approximately 28 kilometers north of Brisbane's central business district. In recent years, North Lakes has experienced significant growth and transformation, making it an attractive location for buyers, sellers, renters, and investors. This blog post will provide a detailed analysis of the changes that have taken place in North Lakes from 2016 to 2023, highlighting key developments and amenities that have contributed to its growth.
Residential Development: One of the most notable changes in North Lakes has been the rapid growth in residential development. In 2016, the suburb was primarily characterized by single-family homes and low-density housing. However, in recent years, there has been a surge in the construction of multi-story apartment buildings and townhouses. This has significantly increased the density of the suburb and has attracted a more diverse range of residents, including young professionals and families.
Commercial Development: North Lakes has also seen significant growth in its commercial sector. In 2016, the suburb was home to a limited number of retail outlets and businesses. However, in recent years, there has been a significant increase in the number of shopping centers, restaurants, and other businesses opening in the area. The most notable development has been the construction of the North Lakes Westfield Shopping Centre, which is now one of the largest shopping centers in the Moreton Bay Region.
Infrastructure: The infrastructure in North Lakes has also undergone significant improvements in recent years. In 2016, the suburb was plagued by traffic congestion and poor public transportation options. However, in recent years, there have been major upgrades to the road network and public transportation system. The Bruce Highway has been widened, and new bus routes have been added, making it easier for residents to get around.
Education: The education sector in North Lakes has also seen significant growth in recent years. In 2016, the suburb was home to a limited number of schools. However, in recent years, there have been several new schools opened, including North Lakes State College and North Lakes State Primary School. These new schools have helped to meet the growing demand for education in the area.
Highlights:
- North Lakes is a popular residential suburb located approximately 25 kilometres north of the Brisbane CBD.
- The suburb is home to a mix of houses, units, and townhouses.
- North Lakes is also home to a number of schools, shops, and other amenities.
- The suburb is well-connected to public transport, with a number of bus and train stations located nearby.
- North Lakes is a great place to live for families, with a number of parks and playgrounds located throughout the suburb.
Key Points:
- North Lakes is a popular residential suburb located approximately 25 kilometres north of the Brisbane CBD.
- The suburb is home to a mix of houses, units, and townhouses.
- North Lakes is also home to a number of schools, shops, and other amenities.
- The suburb is well-connected to public transport, with a number of bus and train stations located nearby.
- North Lakes is a great place to live for families, with a number of parks and playgrounds located throughout the suburb.
- The median house price in North Lakes is $520,000.
- The median unit price in North Lakes is $380,000.
- The median rent price in North Lakes is $450 per week.
- The vacancy rate in North Lakes is 2.5%.
- The population of North Lakes is approximately 25,000.
- The median age of residents in North Lakes is 35 years.
- The most common occupations of residents in North Lakes are clerical and administrative workers, sales workers, and professionals.
- The most common industries of employment for residents in North Lakes are retail trade, health care and social assistance, and education and training.
Recent Developments:
- A new shopping centre, North Lakes Westfield, is currently under construction. The centre is expected to open in 2023 and will feature a number of major retailers, including Coles, Woolworths, and Target.
- A new train station, North Lakes station, is also currently under construction. The station is expected to open in 2024 and will provide direct access to the Brisbane CBD.
- A new park, North Lakes Central Park, is also currently under construction. The park is expected to open in 2025 and will feature a number of facilities, including a playground, a barbecue area, and a walking trail.
Council Announcements:
- The Moreton Bay Regional Council has recently announced a number of new initiatives for North Lakes. These initiatives include:
- A new community centre
- A new library
- A new swimming pool
- A new skate park
- The council has also announced plans to upgrade a number of roads and parks in North Lakes.
Government Announcements:
- The Queensland Government has recently announced a number of new initiatives for North Lakes. These initiatives include:
- A new school
- A new hospital
- A new police station
- The government has also announced plans to upgrade a number of roads and bridges in North Lakes.
In conclusion, North Lakes has undergone significant growth and transformation from 2016 to 2023. The suburb has seen rapid residential and commercial development, as well as major improvements to its infrastructure and education sector. These changes have made North Lakes an increasingly attractive location for buyers, sellers, renters, and investors. With its growing population and diverse range of amenities, North Lakes is well-positioned for continued growth and success in the years to come.