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Investment Property Lake Albert, NSW, 2650

Suburb Snapshot

Lake Albert is a suburb in the Wagga Wagga Region of New South Wales. Lake Albert has a population of 6,188 people and 16.42% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed 11.94% over the past year and changed 17.18% over 2 years.

The median rent in Lake Albert for houses is $510 per week and the median rental yield is 3.53%. Stock on the market for houses/townhouses has changed 28.21% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Lake Albert is NA per week, producing a rental yield of NA.

Supply & Demand in Lake Albert, Wagga Wagga

0.81%

Current vacancy rate


21

Rental stock available


6,188

Population


16.42%

Rental population


1.15%

Current vacancy rate


344

Rental stock available


62,388

Population


29.58%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lake Albert, Wagga Wagga

  House Townhouses Units
Median listing price $750,000 NA NA
Median price change - last quarter 1.35% NA NA
Median price change - 1 year 11.94% NA NA
Median price change - 2 years 17.18% NA NA
  House Townhouses Units
Median weekly rent $510 NA NA
Median yield % 3.53% NA NA
Median rent change - 1 year 6.25% NA NA
  House Units
Previous month sales 15 0
Stock on market previous month 50 0
Stock variance vs. last year 28.21% -100.00%
Average days on market 84 NA

Lake Albert investment property listings

Showing 1 of 1 investment properties found in Lake Albert on realestateinvestar.com.au

504 Kooringal Rd, Lake Albert

$510,000

property pic

Excellent Investment Opportunity

Located in the very popular suburb of Lake Albert with shops, schools, child and medical centres, transport and the Lake all close by. Set on a large level block, 725sqm and presently leased out until February 2026 at $450 per week. On offer three double size bedrooms, a spacious front lounge room ...

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NSW 2650


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