Lake Albert
NSW, 2650
-
Wagga Wagga
Thinking about buying in Lake Albert? Now could not be a better time, with 3067 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $669,000 with prices in this suburb ranging from $45,000 to $17,546,000. The aproximate distance to the coast is 257 Km.
Household Makeup
| Median Weekly Rent | $325.41 |
| Median Monthly Mortgage | $1626.69 |
| Median Persons Per Bedroom | 0.72 |
| Average Household Size | 2.62 |
| Average Age | 40.38 |
| Average Income | $879.59 |
| Average Cars Per Dwelling | 2.03 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $422,000 |
| 2 Bed $463,000 |
| 3 Bed $529,000 |
| 4 Bed $782,000 |
| 5 Bed $1,025,000 |
| 6 Bed+$1,284,000 |
Lake Albert Real Estate Market Outlook
In Lake Albert there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lake Albert is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Lake Albert leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Lake Albert to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lake Albert the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
Mater Dei Catholic College
Mater Dei Primary School
Lake Albert Public School
Kooringal Public School
Kooringal High School
Lutheran School Wagga Wagga
Wagga Wagga Christian College
Sacred Heart Primary School
Sturt Public School
(While the above schools are located with the suburb of Lake Albert there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Albert weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.6 | 14.8 | 28.3 | 32.9 | 81.0 | 5.0 | 26.6 |
| Feb | 0.8 | 14.7 | 27.1 | 37.1 | 83.6 | 4.6 | 21.9 |
| Mar | 0.7 | 13.1 | 25.2 | 38.6 | 85.1 | 4.2 | 17.9 |
| Apr | 1.0 | 11.2 | 22.6 | 40.1 | 85.6 | 3.9 | 13.2 |
| May | 1.6 | 9.3 | 18.5 | 48.9 | 86.6 | 4.1 | 9.7 |
| Jun | 1.8 | 7.3 | 15.7 | 56.4 | 88.7 | 4.0 | 8.8 |
| Jul | 2.2 | 6.9 | 15.3 | 54.7 | 87.6 | 4.6 | 9 |
| Aug | 1.7 | 6.6 | 16.0 | 50.2 | 87.4 | 4.6 | 11.9 |
| Sept | 1.6 | 7.6 | 19.0 | 43.2 | 87.7 | 4.6 | 16.0 |
| Oct | 1.0 | 9.3 | 22.0 | 39.0 | 86.7 | 4.5 | 20.8 |
| Nov | 0.7 | 11.3 | 24.8 | 32.6 | 83.0 | 4.8 | 24.3 |
| Dec | 0.8 | 13.6 | 27.2 | 33.0 | 82.1 | 4.9 | 26.3 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Lake Albert Golf Club - Greater then 10KM
Pink Lake Lookout - Greater then 10KM
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