5 Gardenia Avenue

Lake Albert NSW 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.