531 Kooringal RoadLake Albert NSW 2650
Property Details for 531 Kooringal Rd, Lake Albert
531 Kooringal Rd, Lake Albert is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 22874m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in April 2005.
Last Listing description (September 2020)
Now gazetted and approved for residential subdivision this unique opportunity is now available for the developer wanting to expand their investments in an A1 location.
-With land in this area at a premium, this subdivision would be welcomed by the marketplace and would be a profitable land acquisition for future land sales .
-Potential to yield 10 - 11 sizable parcels of land ( 4.6 acres approx )
Property History for 531 Kooringal Rd, Lake Albert, NSW 2650
- 09 Apr 2020Listed for Sale $950,000
- 28 Apr 2005Sold for $530,000
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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 2,787 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.
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