21 Edmund Circuit, North Lakes QLD 4509
21 Edmund Circuit, North Lakes QLD 4509
4 bedrooms, 2 bathrooms, 2 car spaces, single-level house, 480m² land, sold 2022 for $910,000, sold in 23 days. Land size is consistent with typical North Lakes family lots and the configuration matches what most buyers in this corridor are looking for. The quick sale in 2022 suggests strong demand at that price point.
The single-level layout is a practical advantage for families with young children or older residents who want to avoid stairs. A 480m² block offers enough outdoor space without excessive upkeep, which suits buyers seeking a manageable family home in an established residential circuit. The property sits within a street of 16 homes, giving it a quiet, contained feel that appeals to owner-occupiers rather than investors. This is a standard family house in a standard family suburb, and its strength lies in how well it fits that brief rather than any standout feature.
The 2022 sale price of $910,000 may not reflect current market conditions, as values in North Lakes have shifted since then. Buyers should consider that the property may require updates to finishes or systems given the likely age of the build, and any lack of modern amenities like ducted air conditioning or solar could affect its appeal relative to newer stock. The absence of confirmed aspect or floor finish details means a physical inspection is necessary to assess natural light and wear. These factors might influence how the property compares to others in the same price bracket.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Edmund Circuit, North Lakes QLD 4509
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
North Lakes is a high-growth, family-dominated suburb, with 53% of households being couples with children. Demand is driven by this demographic seeking affordable, family-friendly living, evidenced by houses selling in just 14-16 days. The market is exceptionally strong, with house prices up 10.4% and unit prices surging 25.8% over the past year. Future growth is underpinned by sustained rental demand, with unit rents rising 22.6%, though the median house price of $982,500 presents a key affordability constraint relative to local incomes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
480m²
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