OFF MARKET

18 Magnolia Parade
Lake Albert NSW 2650

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 1018m2
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Property Details for 18 Magnolia Pde, Lake Albert

18 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 1018m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
1990
Floor Size
80m2
Land Size
1018m2
Local Government
Wagga Wagga
Lot/Plan
24/DP250081

Last Listing description (December 2011)

attention investors - a great addition to your portfolio
- investors this is your opportunity to purchase four quality two bedroom units in a popular Lake Albert location
- each unit has two bedrooms, one bathroom, reverse cycle air-conditioning and an open plan living and kitchen area

- three of the units provide a $200 per week return each, and the other is currently returning paying $180 per week with an increase to $200 due
- set on the one title on the corner of Nicholi Crescent, only a short distance to Lake Albert, Lake Village Shopping Centre and
schooling

Property History for 18 Magnolia Pde, Lake Albert, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$565,000
28 Feb 2012
Listed for Rent
$225/w
28 Jun 2012
  • 28 Jun 2012
    Listed for Rent - Price not available
  • 28 Feb 2012
    Sold for $565,000
  • 28 Nov 2011
    Listed for Sale $589,000
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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 2,801 properties. Over the last 5 years, Houses in Lake Albert have seen a 100.25% increase in median value, while Units have seen a 38.20% increase. As at 31 December 2024:

  • The median value for Houses in Lake Albert is $734,080 while the median value for Units is $342,415.
  • Houses have a median rent of $530 while Units have a median rent of $325.
There are currently 28 properties listed for sale, and 10 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 98 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.