March figures from the Australian Bureau of Statistics show the North Lakes area increasing its population by 6.2 per cent across 2013-14.
The population boom is coinciding with a surge of investment flowing into the North Lakes area, with international retailers setting up shop in the suburb and major infrastructure projects like the Moreton Bay Rail Link nearing completion.
In 2014 retail giant Costco’s first Queensland store opened in the suburb’s Business Park to impressive crowds, while the State’s second Ikea store is on the way as part of a multimillion-dollar extension of Westfield North Lakes.
“North Lakes is now regarded as being one of South East Queensland’s major retail shopping destinations,” says Ray White Project Marketing (Qld) Director Graeme Sharp.
“At North Lakes residents gain access to world-class healthcare facilities, acclaimed primary and secondary schools, and quality public transport.”
Ray White Retail Leasing Manager Tim Richards says the good times are set to continue for property investors, with sustained investment translating into thousands of new jobs for the region.
A limited supply of new apartment stock near the town centre has seen a rush of activity at highly-anticipated apartment complex Boulevard North Lakes, which recently saw over $2.5 million in sales in just one week.
Boulevard North Lakes is a new integrated community offering a collection of spacious two-bedroom, two-bathroom apartments in a resort-style setting.
Project Sales Specialist Desley Arnold says the project had quickly progressed to construction after strong interest from both first-home buyers and empty nesters.
“With new detatched dwellings pushed further from the town centre, many buyers are taking advantage of an opportunity to downsize and enjoy secure low-maintenance living in a central location,” she says.
Boulevard North Lakes’ two-bedroom, two-bathroom apartments include large balconies and secure car parking, with many layouts also offering a separate study.
Boulevard North Lakes is selling from $365,000.
Interested parties are invited to register their interest at www.boulevardnorthlakes.com.au or contact 1300 886 386.