Lake Albert
Suburb profile, market snapshot and recent listings for Lake Albert, NSW 2650.
About Lake Albert
Welcome to Lake Albert
Lake Albert sits on the southern fringe of Wagga Wagga, in the New South Wales Riverina, wrapped around the shallow lake that gives the suburb its name. It's a settled, family-oriented pocket of the city, bordered by Kooringal, Tatton, Bourkelands, Rowan and Mount Austin, and close enough to central Wagga to make the commute an afterthought.
With a population of 6,291 and a median age of 43, Lake Albert reads as a suburb of established households and long-term residents rather than a transient rental market. It suits families after space and a slower pace, downsizers keen to stay close to amenities, and buyers who want a proper backyard without giving up proximity to schools, shops and the lake itself.
Lifestyle & dining
Life in Lake Albert tends to revolve around the lake reserve, which locals use for walking, cycling and simply sitting by the water at the end of the day. It's a low-key, outdoorsy kind of suburb rather than a dining destination in its own right, but the short drive into Wagga Wagga's CBD and the Kooringal shopping strip opens up the city's full spread of cafes, pubs and restaurants for residents who want a night out without living in the thick of it.
Shopping & schools
For everyday errands, Lake Albert residents lean on nearby Kooringal and the broader Wagga Wagga retail precincts for supermarkets, specialty stores and larger shopping centres, all a short drive away.
Families are well catered for locally, with Lake Albert Public School serving the immediate area, and Mater Dei Primary School and Mater Dei Catholic College offering a Catholic education pathway from early years through to senior secondary without needing to leave the suburb.
Parks & recreation
The lake is the standout feature here, with its surrounding reserve providing walking and cycling paths, open grassed areas and picnic spots that give the suburb a genuine outdoor lifestyle drawcard. It's the kind of amenity that many Wagga suburbs simply don't have, and it lends Lake Albert a distinct identity within the broader city.
Getting around
Lake Albert is positioned on the southern side of Wagga Wagga, giving residents straightforward access into the CBD and out towards neighbouring Kooringal, Tatton, Bourkelands, Rowan and Mount Austin via the local road network. Most day-to-day trips, whether to work, school or the shops, are short drives rather than lengthy commutes, which is a large part of the suburb's appeal for families juggling busy schedules.
The property market
Lake Albert's median house price currently sits at $780,000, having posted growth of 3.9% recently, a steady rather than spectacular trajectory that reflects the suburb's appeal as a stable, family-focused market. Median rent is $610 a week, indicative of solid ongoing demand from tenants as well as owner-occupiers.
The current mix of listings, 66% houses, 31% land and 3% apartments or units, shows this is very much a house-and-land suburb, with new land releases sitting alongside established homes. That combination gives buyers a genuine choice between a turnkey established property or the option to build, which is relatively unusual within Wagga Wagga's inner and middle suburbs.
Market snapshot
Lake Albert property market
Median sale price
$780k
House · 4 bed
Median rent
$610
per week
Gross rental yield
4.1%
annual rent ÷ sale price
Typical price range
Entry
$422k
Median
$780k
Premium
$1.60m
Days on market
49
Auction clearance
0%
Sold this year
60
Median sold price trend · House 4 bed
Compound growth +6.8% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Lake Albert by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Lake Albert, NSW 2650.
Population
6,291
residents (2021)
Median age
43
years
Household income
$1,891
median, per week
Median rent
$340
per week
Median mortgage
$1,625
per month
Mortgage / income
20%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Lake Albert
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Lake Albert
$785k
55 Geneva Crescent
Sold ~July 2026
$840k
89 Main Street
Sold ~July 2026
$770k
11 Angel Street
Sold ~July 2026
$695k
28 Geneva Crescent
Sold ~June 2026
$699k
23 Forrest Street
Sold ~June 2026
$2.00m
30 Redbank Road
Sold ~June 2026
$1.15m
17 Kyeamba Avenue
Sold ~June 2026
$699k
449 Lake Albert Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Lake Albert
Compare the area
Price map around Lake Albert
Every listing for sale near Lake Albert, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Lake Albert suburb FAQ
What is the median property price in Lake Albert?
The median house price in Lake Albert, NSW is $780k for a 4-bedroom home. Over the past year, median sold prices have risen about 3.9%.
How much is rent in Lake Albert?
The median weekly rent in Lake Albert is around $610 per week.
Is Lake Albert a good place to live?
Lake Albert is a suburb of the city of Wagga Wagga, New South Wales, Australia, on the shores of Lake Albert from which it is named. Lake Albert is an established residential suburb in NSW, with a population of around 6,291 and 3 schools in the area.
What is the population of Lake Albert?
Lake Albert has a population of 6,291 (ABS 2021 Census), with a median age of 43.
What schools are in Lake Albert?
There are 3 schools in or near Lake Albert, including Lake Albert Public School, Mater Dei Primary School and Mater Dei Catholic College.
How long do homes take to sell in Lake Albert?
Properties in Lake Albert take around 49 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Lake Albert?
Entry-level properties in Lake Albert start around $422k, while premium homes reach $1.60m.
What suburbs are near Lake Albert?
Suburbs near Lake Albert include Kooringal, Tatton, Bourkelands, Rowan and Mount Austin.
Fresh to market
New this week in Lake Albert
Stage 4 Now Selling at Lake Albert Manors
Stage 4 Now Selling at Lake Albert Manors
Stage 4 Now Selling at Lake Albert Manors
Stage 4 Now Selling at Lake Albert Manors
Available now