SOLD
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Sold on 15 Mar 2024 for $520,000

16 Main Street
Lake Albert NSW 2650

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 713m2
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Property Details for 16 Main St, Lake Albert

16 Main St, Lake Albert is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 713m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Lake Albert in the last 12 months.

Building Type
House
Land Size
713m2
Local Government
Wagga Wagga
Lot/Plan
29/DP246105

Last Listing description (March 2024)

Discover the perfect starter home in one of Wagga Wagga's most desirable suburbs, offering convenience and potential for the savvy buyer.

- three bedrooms all with built-in robes
- generous master bedroom with built-in dressing table

- centrally located bathroom with separate toilet
- light-filled lounge room with large windows
- excellent natural light throughout
- undercover tiled verandah to the front of the home
- single carport with potential drive through rear yard access
- undercover entertaining verandah overlooking rear yard
- great sized secure rear yard ideal for a family
- laundry with separate access outside
- hallway linen cupboard
- handy garden shed for storage
- previous updates to kitchen with gas cooktop, oven and pantry cupboard
- ducted evaporative cooling and gas bayonet heating

A very Popular Suburb known for its conveniences close to the neighbourhood shopping centre, schools, parks, Lake Albert, recreational and lifestyle offerings. At entry-level price for the suburb, it provides an excellent opportunity for first-home buyers, renovators or investors seeking value in a prime location.

All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 16 Main St, Lake Albert, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$520,000
15 Mar 2024
Listed for Rent
$325/w
17 Dec 2020
  • 13 Mar 2024
    Sold for $520,000
  • 28 Feb 2024
    Listed for Sale $500,000 - $550,000
  • 04 Aug 2022
    Sold
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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 91.61% increase in median value, while Units have seen a 50.78% increase. As at 30 September 2024:

  • The median value for Houses in Lake Albert is $700,154 while the median value for Units is $349,662.
  • Houses have a median rent of $510 while Units have a median rent of $320.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Lake albert.

Suburb Insights for Lake Albert 2650

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Shaun Lowry
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Fitzpatricks Real Estate
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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.