Lake Albert, NSW
OVERVALUED3,831 sales · 35 years of data · NSW, Australia
Lake Albert, NSW Property Market Overview
Lake Albert, NSW, 2650, presents a well-established property market with a substantial history. Our data spans 35 years, encompassing 3,831 recorded sales, providing a comprehensive view of the suburb's real estate performance. The current median property price for all types in Lake Albert sits at $651,000.
Breaking this down further, the median house price in Lake Albert is $655,000, while the median apartment price is $420,000. These figures provide a snapshot of the diverse housing options available. With robust historical data, Lake Albert offers a compelling case study for understanding long-term property trends in regional New South Wales.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Lake Albert
Top streets in Lake Albert, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Plunkett Dr | $1,680,000 |
| 2 | Oleander Cres | $662,500 |
| 3 | Norfolk Ave | $705,000 |
| 4 | Eastlake Dr | $880,000 |
... and 130 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Geneva Cres | $1,003/m² |
| 2 | Gregadoo Rd | $639,135/m² |
| 3 | Silverwood Rd | $233,530/m² |
| 4 | Craft St | $1,314/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Lansdowne Ave | +8.0% |
| 2 | Mitchell Rd | +9.3% |
| 3 | Maple Rd | +8.3% |
| 4 | Bocquet St | +9.3% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Lake Albert analysis
134 streets and 7 buildings to explore
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Lake Albert at a Glance
Lake Albert, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Lake Albert, NSW
Living in Lake Albert offers a relaxed, suburban lifestyle. The suburb is known for its proximity to Lake Albert itself, providing opportunities for water sports and recreational activities. Families are drawn to the area due to reputable schools such as Lake Albert Public School and Mater Dei Primary School.
Shopping needs are well catered for with local shops and nearby Wagga Wagga offering a wider range of retail options. Parks and reserves dot the landscape, providing green spaces for residents to enjoy. The community in Lake Albert is generally considered friendly and tight-knit, making it an appealing place to call home. The vibe is generally family friendly with good access to outdoor activities.
Who Buys in Lake Albert?
Lake Albert primarily attracts families seeking a suburban lifestyle with access to good schools and recreational amenities. The relatively affordable median house price of $655,000, compared to larger metropolitan areas, makes it an attractive option for families. The low strata percentage suggests that most buyers are looking for houses rather than apartments. The consistent historical growth rates, as reflected in the CAGR figures, may also appeal to investors seeking long-term capital appreciation.
Market Analysis
Currently, the Lake Albert property market, as of early 2026, is positioned above its long-term trend, indicating that it's in overvalued territory. This assessment is based on our proprietary analysis of price movements and sales volumes over the past three and a half decades.
Being in overvalued territory suggests that property prices in Lake Albert may be higher than what historical trends would indicate. This doesn't necessarily mean prices will fall, but it does warrant careful consideration of market dynamics and potential future adjustments. Understanding this cycle position is crucial for anyone analysing the Lake Albert property market.
Is Lake Albert a Good Investment?
The sustained growth in Lake Albert's property market, as evidenced by its 10-year CAGR of 6.7% and full-period CAGR of 5.2%, suggests a stable and resilient market. The location and lifestyle appeal of Lake Albert contribute to its desirability among families and owner-occupiers.
However, the current cycle position indicating that the market is above its long-term trend means that careful consideration should be given to current market conditions. Factors such as interest rates and economic growth can influence future price movements. While historical performance is a useful indicator, it is not a guarantee of future returns in the Lake Albert property market.
Lake Albert Market Outlook
As of early 2026, the Lake Albert property market is showing signs of being above its long-term trend. Recent price trends are being closely monitored, but understanding the current cycle position is crucial for anyone considering buying or selling in Lake Albert. The market's current state reflects a dynamic interplay of supply, demand, and broader economic factors.
Streets & Location in Lake Albert, NSW
Lake Albert, postcode 2650, features a variety of streets with varying property values. Among the streets with higher median prices are EASTLAKE DR, NORFOLK AVE, and LAKEHAVEN DR. These streets are often sought after due to their location or property characteristics. In total, Lake Albert comprises 134 streets, each contributing to the suburb's overall character and property market dynamics.
Market Dynamics
The average settlement time for properties in Lake Albert is 43 days, indicating a relatively efficient transaction process. This timeframe reflects the balance between buyer demand and administrative procedures involved in property transfers. Data on quick-flips is currently unavailable. Understanding these transaction patterns provides insights into the liquidity and efficiency of the Lake Albert property market.
Development & Density
Lake Albert exhibits a predominantly low-density residential character. There are only 7 apartment buildings in the suburb, reflecting a strong preference for detached housing. The low strata percentage of 3.2% further underscores this trend. This suggests that Lake Albert is primarily composed of houses, catering to families and those seeking more space.
Growth & Property Mix
Lake Albert has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 6.7%, reflecting solid performance in recent years. Looking further back, the 20-year CAGR is 5.4%, indicating sustained growth over two decades. The full-period CAGR, covering the entire 35-year dataset, is 5.2%. With apartments representing only 3.2% of the property mix, houses dominate the market in Lake Albert.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.