251 Lake Albert RoadKooringal NSW 2650
Property Details for 251 Lake Albert Rd, Kooringal
251 Lake Albert Rd, Kooringal is a 8 bedroom, 4 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 806m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
Best investment opportunity in Wagga Wagga. This block of 4 well maintained units on Lake Albert Road are now on the market.
-Located at the top end of Kooringal Road, the units are close to the Kooringal Mall Shopping Centre, Private & Public Schooling and minutes to the city centre
-Each unit consists of two good sized bedrooms with a built in robes in both rooms.
-The living area is a combined space for the kitchen, dining and lounge area and serviced by reverse cycle air-conditioning
-There are two laundry facilities located at the rear shared by four units
-At the rear of the units is an open are that could be converted into BBQ area with parking for two cars
-Hardly ever vacant and with a current gross rental income of approx. $40,000 per annum
Property History for 251 Lake Albert Rd, Kooringal, NSW 2650
- 26 Nov 2021Sold for $640,000
- 03 Nov 2021Listed for Sale $649000
- 15 Jul 2021Sold
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About Kooringal 2650
The size of Kooringal is approximately 4.8 square kilometres. It has 6 parks covering nearly 7.2% of total area. The population of Kooringal in 2011 was 7,308 people. By 2016 the population was 7,228 showing a population decline of 1.1% in the area during that time. The predominant age group in Kooringal is 20-29 years. Households in Kooringal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kooringal work in a professional occupation. In 2011, 61.9% of the homes in Kooringal were owner-occupied compared with 59.7% in 2016.
Kooringal has 3,583 properties. Over the last 5 years, Houses in Kooringal have seen a 81.07% increase in median value, while Units have seen a 62.39% increase. As at 31 October 2024:
- The median value for Houses in Kooringal is $510,094 while the median value for Units is $353,764.
- Houses have a median rent of $470 while Units have a median rent of $320.
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