OFF MARKET

58 Inglis Street
Lake Albert NSW 2650

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 100m2
Land area: 1823m2
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Property Details for 58 Inglis St, Lake Albert

58 Inglis St, Lake Albert is a 3 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 1823m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1950
Floor Size
100m2
Land Size
1823m2
Local Government
Wagga Wagga
Lot/Plan
8/1/DP758594

Last Listing description (October 2019)

Phone Enquiry ID:38208
Lake Albert Development Opportunity
This outstanding level 1821sqm block is located within easy walking distance to all amenities and sporting fields in Lake Albert. Only a short walk to enjoy the view, canoe or walk around the beautiful Lake Albert or even take the family for a Bbq!

The land is fully fenced on neighbouring boundaries, and with the added advantage of access from the rear lane.
Concept plans have been drawn for a 5 unit development and discussed with WWCC, with all criteria been adhered to, to enable submission of plans to Council for a 5 unit development. Also, there is a full set of architectural plans available to build 4 units, ready to submit to Council for approval.
The site is fully cleared and ready to build, plus you will save on one Riverina Water connection and Council contributions from the previous removed dwelling.
The land has great aspect with east facing street frontage and there is a builder s pole with power ready to be connected!
This magnificent development site is ripe for the astute builder/developer to get a far better return for their money than in the Bank.

Property History for 58 Inglis St, Lake Albert, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$355,000
17 Sep 2018
  • 17 Sep 2018
    Sold for $355,000
  • 29 Sep 2017
    Listed for Sale $350,000
  • 23 Nov 2015
    Sold for $304,500
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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 2,788 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.
There are currently 30 properties listed for sale, and 6 properties listed for rent in Lake albert on OnTheHouse. According to CoreLogic's data, 103 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.