Memorial Dr carries more than traffic—it carries the story of North Lakes’ transformation from masterplanned vision to thriving community hub. As one of the suburb’s key arterial roads, Memorial Drive hosts schools, including North Lakes State College, and larger community parcels that form part of the broader education precinct keeping family demand strong. The street’s name itself speaks to commemoration and community values, themes that have defined this address since the suburb’s early days.
The establishment of The Lakes College in 2005 marked a turning point for Memorial Drive and its surrounding streets. The college quickly became a focal point for families moving into the fast-growing North Lakes masterplanned area—a factor that helped lift residential demand and values on nearby streets. For homes and lots on Memorial Drive and its side streets, the benefits were immediate: school catchment appeal and easy access to the developing town centre became recurring themes in North Lakes’ value growth story.
By the mid-2000s, Memorial Drive was already establishing itself as a premium family address. Early sales data tells the story of confident buyers investing in the suburb’s future. The street’s mix of seven houses and twenty-one other properties reflects its dual character—part residential street, part community corridor—serving the families and institutions that make North Lakes work.
Memorial Dr, North Lakes Residents
NUMBER OF PROPERTIES: 7 houses, 21 others
% OF OWNER OCCUPIERS ON STREET: 95%
AVERAGE TIME FOR OWNER OCCUPIERS: 20 years and 3 months
% OF PEOPLE 10+ YEARS: 100%
Memorial Dr, North Lakes – As It Looked in 1936
SOME TYPICAL PROPERTY SALES ON MEMORIAL DR FROM YESTERYEAR
| Property Address | Sale Price | Sale Date |
|---|---|---|
| Lot 730 Memorial Drive, North Lakes | $799,370 | Dec 2005 |
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 Memorial Dr, North Lakes well and you have some anecdotes or details to add, please email us at editor@brisbanesuburbsonlinenews.com.au.
Published 2-February-2025
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