2. NSW
  3. Wagga Wagga

Lake Albert NSW 2650

Houses Units

Here you can find what you need to know about Lake Albert, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$612K Median Sale Price (National Average $485k) 1209th In NSW
-5.19% Median Sale Price Change (1yr) (National Average 4.30%) 4231st In NSW
$500pw Median Rent (National Average $395) 1025th In NSW
4.2% Median Gross Yield (National Average 4.24%) 168th In NSW
Properties sold 78
Average discounting -6.26%
Average Days on Market 63
Stock on Market 57 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lake Albert, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lake Albert, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lake Albert, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lake Albert


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Lake Albert, NSW 2650

Part of: Wagga Wagga Council No data available

The size of Lake Albert is approximately 24.7 square kilometres. It has 10 parks covering nearly 3.5% of total area. The population of Lake Albert in 2011 was 5,881 people. By 2016 the population was 6,190 showing a population growth of 5.3% in the area during that time. The predominant age group in Lake Albert is 10-19 years. Households in Lake Albert are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Albert work in a professional occupation. In 2011, 81.2% of the homes in Lake Albert were owner-occupied compared with 79.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lake Albert

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Lake Albert   for Houses in last 12 months


There have been 78 Houses sold in Lake Albert in the past 12 months with a median sale price of $612K, down 5.2% annually. It takes on average 45 days to sell with vendor discounting of -6.3%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Lake Boga VIC, 3584 -1.71% $490,000 Unavailable Unavailable View Suburb Profile
Wagga Wagga NSW, 2650 1.87% $682,500 $490pw 3.7% View Suburb Profile
East Lindfield NSW, 2070 -2.67% $3,650,000 $1,350pw 1.9% View Suburb Profile
Sassafras VIC, 3787 -27.58% $860,000 Unavailable Unavailable View Suburb Profile
Salisbury East SA, 5109 21.58% $600,000 $530pw 4.6% View Suburb Profile
Kooringal NSW, 2650 3.98% $549,000 $450pw 4.3% View Suburb Profile

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