FOR SALE
$280,000

40 Forrest Street
Lake Albert NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 406.1m2
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Affordable Lake Albert Land

A rare opportunity exists to purchase an affordable block of land in Lake Albert.
Ideally situated opposite Park Land and close to Lake Village Shopping Centre, and a short walk to the shores of Lake Albert.
Features include;
- Level 406sqm block
- Fully fenced
- Fully serviced
- No restrictive easements or covenants
With the freedom to choose your own builder and design, the options are yours.

Property Details for 40 Forrest St, Lake Albert

Building Type
Land
Land Size
406.1m2

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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 2,754 properties. Over the last 5 years, Houses in Lake Albert have seen a 74.89% increase in median value, while Units have seen a 67.51% increase. As at 31 August 2024:

  • The median value for Houses in Lake Albert is $692,333 while the median value for Units is $368,574.
  • Houses have a median rent of $505 while Units have a median rent of $320.
There are currently 31 properties listed for sale, and 4 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 91 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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Grant Harris
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Jessica Barclay
Raine & Horne Wagga Wagga
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