Lakefield Dr sits on the eastern side of the town centre precinct and is now directly linked to big commercial and tourism plans for the area. The proposed high-end precinct sits adjacent to Lakefield Drive and The Corso, bringing a wave of development that includes cafés, hotels, and an improved public realm. That commercial uplift is the kind of catalyst that often pushes nearby residential values higher, especially for owner-occupier families who want short trips between school and leisure.
The street itself reflects North Lakes’ evolution from masterplanned greenfield to established suburb. With a mix of townhouses, houses, and other dwellings, Lakefield Drive has become home to a community that values proximity to Westfield North Lakes and The Lakes College. As the surrounding precinct matures, properties here continue to benefit from the suburb’s growing appeal as both a family destination and a lifestyle hub.
The transformation is evident in the sales data. Townhouses that traded in 2013 for around $495,000 to $499,000 have seen significant appreciation, with recent sales reaching the $1 million mark—a clear illustration of how North Lakes’ expansion has lifted values across streets like Lakefield Drive.
Lakefield Dr, North Lakes Residents
NUMBER OF PROPERTIES: 14 townhouses, 7 houses, 11 others
% OF OWNER OCCUPIERS ON STREET: 75%
AVERAGE TIME FOR OWNER OCCUPIERS: 6 years and 11 months
% OF PEOPLE 10+ YEARS: 26%
Lakefield Dr, North Lakes – As It Looked in 1936
SOME RECENT SALES ON LAKEFIELD DR, NORTH LAKES
| Property Address | Sale Price | Sale Date |
|---|---|---|
| 7/50 Lakefield Drive, North Lakes | $1,000,000 | May 2025 |
SOME TYPICAL PROPERTY SALES ON LAKEFIELD DR FROM YESTERYEAR
| Property Address | Sale Price | Sale Date |
|---|---|---|
| 1/50 Lakefield Drive | $499,000 | Jun 2013 |
| 3/50 Lakefield Drive | $495,000 | Jun 2013 |
| 2/50 Lakefield Drive | $499,000 | Jun 2013 |
SUBURB PROFILE
The median price of a 3 Bedroom House in North Lakes in 2025 was $770,000
The median price of a 3 Bedroom House in North Lakes in 2021 was $455,000
TYPICAL INCREASE OF A 3 BEDROOM HOUSE IN NORTH LAKES SINCE 2021: $315,000
The median price of a 4 Bedroom House in North Lakes in 2025 was $925,000
The median price of a 4 Bedroom House in North Lakes in 2021 was $542,000
TYPICAL INCREASE OF A 4 BEDROOM HOUSE IN NORTH LAKES SINCE 2021: $383,000
The median price of a 5 Bedroom House in North Lakes in 2025 was $1,161,000
The median price of a 5 Bedroom House in North Lakes in 2021 was $778,000
TYPICAL INCREASE OF A 5 BEDROOM HOUSE IN NORTH LAKES SINCE 2021: $383,000
The median price of a 3 Bedroom Unit in North Lakes in 2025 was $605,000
The median price of a 3 Bedroom Unit in North Lakes in 2021 was $320,000
TYPICAL INCREASE OF A 3 BEDROOM UNIT IN NORTH LAKES SINCE 2021: $285,000
If you know Lakefield Dr, North Lakes well and you have some anecdotes or details to add, please email us at editor@brisbanesuburbsonlinenews.com.au.
Published 16-February-2025
CLICK ANY LOGO TO SEE PUBLICATION
