North Lakes vs Dakabin

Dakabin (median $724,000) is roughly 12% cheaper to buy into than North Lakes ($820,000).

Buying in North Lakes or Dakabin?

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Selling in North Lakes? The free selling guide

North Lakes and Dakabin side by side

MeasureNorth LakesDakabin
Price and market
Median house$820,000$724,000
Median unit$530,000$505,000
Renting
House rent$650/wk$625/wk
Unit rent$420/wk$360/wk
Owner occupied59.0%37.0%
Renter occupied37.0%61.0%
Schools
Schools nearby2020
Average ICSEA10101009
Lifestyle and people
Walk score26–
Transit score0–
Bike score100–
Population23,0305,275
Median age3530
Climate
Annual rainfall1123 mm1140 mm
Mean max, January29.8°C29.7°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving North Lakes (1010) sits above Dakabin (1009). North Lakes skews owner-occupied (59%), Dakabin runs more rental-dense (37% owner).

For buyers
Dakabin is the lower entry point at $724,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Dakabin offers the higher gross rental yield (4.49% vs 4.12%), favouring cash-flow investors.
For families
North Lakes edges out on average school ICSEA (1010 vs 1009).

North Lakes vs Dakabin: common questions

Is North Lakes or Dakabin cheaper to buy in?

Dakabin has the lower median house price at $724,000, roughly 12% below North Lakes ($820,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does North Lakes or Dakabin have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), North Lakes scores 1010 vs 1009 in Dakabin. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, North Lakes or Dakabin?

Gross rental yield on houses is 4.49% in Dakabin vs 4.12% in North Lakes. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.