FOR SALE
$399,500

349 Lake Albert Road
Lake Albert NSW 2650

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1005m2
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Prime Development Opportunity in Ideal Location

This is your opportunity to make your mark in the property world. A blank canvas, in a prime position, sitting on approximately 1005m2 of land. In this three-bedroom home we have a spacious living area and eat in kitchen with functional bathroom. It's true potential lies with the chance to update over time, extend at the rear or start over, knock down and build a family home or even develop into a unit site (STCA). Plenty of choices for the next lucky owner – it's time to maximize your rewards.
This property is on a corner block and has main road exposure plus access from Stanley street
Location is key, and this property does not disappoint. Situated within walking distance to both primary and secondary schools and the Kooringal Shopping Centre, it offers convenience for families
There is still potential for a seasoned renovator to salvage some of the original home - it's not for the fainthearted but the reward could be substantial.
Potential to create a dual-occupancy project to maximise the return on your investment
This versatile property is an opportunity not to be missed presenting a cracking option to all!

Property Details for 349 Lake Albert Rd, Lake Albert

349 Lake Albert Rd, Lake Albert is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1005m2. The place is currently for sale with Professionals Wagga Wagga.

Building Type
House
Land Size
1005m2

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About Lake Albert 2650

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.

Lake Albert has 2,787 properties. Over the last 5 years, Houses in Lake Albert have seen a 89.21% increase in median value, while Units have seen a 54.50% increase. As at 31 October 2024:

  • The median value for Houses in Lake Albert is $705,537 while the median value for Units is $353,259.
  • Houses have a median rent of $520 while Units have a median rent of $320.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Lake albert.

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Suburb Insights for Lake Albert 2650

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Paul Irvine
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Professionals Wagga Wagga
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