OFF MARKET

3 Oleander Crescent
Lake Albert NSW 2650

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 928m2
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Property Details for 3 Oleander Cres, Lake Albert

3 Oleander Cres, Lake Albert is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 928m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1990
Floor Size
111m2
Land Size
928m2
Local Government
Wagga Wagga
Lot/Plan
62/DP247951

Last Listing description (August 2021)

This affordable family home offers the rare opportunity to purchase in sought after Lake Albert

- sit by the warmth of the slow combustion fireplace in the spacious main living area
- enjoy cooking up a storm in the recently updated kitchen with dishwasher and electric cooking

- adjacent to the kitchen is the light-filled dining area that provides a great second living space
- large undercover entertaining area off the side of the home creates a great outdoor living space to enjoy
- set on a large 928 sqm block, low maintenance backyard with drive through access, plus two large garden sheds
- three spacious bedrooms, two with built-in robes and ducted refrigerated cooling throughout
- currently leased for $370 per week until March 2022, with an annual return of 4.53%

Great location, only a short distance to the Lake Albert Shopping Centre and schooling - this gem won't last long.

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.

Gross rental return based on current listing price and rent per week, subject to change.

Property History for 3 Oleander Cres, Lake Albert, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$422,000
22 Jul 2021
Listed for Rent
$340/w
20 Jul 2014
  • 22 Jul 2021
    Sold for $422,000
  • 23 Jun 2021
    Listed for Sale $425,000
  • 11 Mar 2014
    Listed for Sale 285000.00
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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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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.