Lake Albert NSW 2650

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

$373k Median Sale Price (National Average $485k) 1151st In NSW
4.93% Median Price Change (1 yr) (National Average 4.30%) 246th In NSW
$370pw Median Rent (National Average $395) 1086th In NSW
5.2% Median Gross Yield (National Average 4.24%) 139th In NSW
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Properties sold 102
Average discounting -4.48%
Average Days on Market 86
Stock on Market 25 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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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 - October 2019

Auctions Clearance rate
NSW 665 79%
ACT 53 64%
NT 13 31%
QLD 140 46%
SA 52 62%
TAS 1 0%
VIC 774 74%
WA 16 50%

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 8 parks covering nearly 2.9% 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 109 Houses sold in Lake Albert in the past 12 months with a median sale price of $372K, up 4.13% annually. It takes on average 82 days to sell with vendor discounting of -4.47%.

Streets in Lake Albert