OFF MARKET

1/2 Magnolia Parade
Lake Albert NSW 2650

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 842m2
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Last updated 11 Nov 2024
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Property Details for 1/2 Magnolia Pde, Lake Albert

1/2 Magnolia Pde, Lake Albert is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 842m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in February 2003.

Building Type
Unit
Year Built
1990
Floor Size
96m2
Land Size
842m2
Local Government
Wagga Wagga
Lot/Plan
1/SP39491

Last Listing description (January 2023)

This fantastic unit features:
• 2 bedrooms, both with built in wardrobes
• Great sized lounge room plus separate dining area

• Large kitchen with gas appliances
• Ducted evaporative cooling and gas heating
• Private rear yard with garden shed
• Single garage with internal access
• Lawns and gardens are included in the rent
Located in a quiet spot in popular Lake Albert. Don’t miss this one!

Property History for 1/2 Magnolia Pde, Lake Albert, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$115,000
26 Feb 2003
Listed for Rent
$350/w
06 Jan 2023
  • 12 Dec 2022
    Listed for Rent $350 / week
  • 01 Mar 2021
    Listed for Rent $300 / week
  • 06 Nov 2019
    Listed for Rent $270 / week
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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 29 properties listed for sale, and 6 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Lake albert.

Suburb Insights for Lake Albert 2650

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.