NSW · 2650

Lake Albert

Suburb profile, market snapshot and recent listings for Lake Albert, NSW 2650.

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 price ranks #2,344 of 3,797 suburbs · pricier than 38%
Bedrooms

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.

House66%
Land31%
Apartment / Unit3%

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

Lake Albert Public School

K-6CoEdGovernment
Visit school website →

Independent & Catholic schools

Mater Dei Primary School

K-6CoEdCatholic
Visit school website →

Mater Dei Catholic College

7-12CoEdCatholic
Visit school website →

Recent results

Recently sold in Lake Albert

$785k

55 Geneva Crescent

house5 bd · 2 ba · 2 car

Sold ~July 2026

$840k

89 Main Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$770k

11 Angel Street

house3 bd · 2 ba · 1 car

Sold ~July 2026

$695k

28 Geneva Crescent

house3 bd · 1 ba · 2 car

Sold ~June 2026

$699k

23 Forrest Street

house3 bd · 1 ba · 1 car

Sold ~June 2026

$2.00m

30 Redbank Road

house4 bd · 2 ba · 6 car

Sold ~June 2026

$1.15m

17 Kyeamba Avenue

house3 bd · 1 car

Sold ~June 2026

$699k

449 Lake Albert Road

house3 bd · 1 ba · 1 car

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

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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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Lake AlbertNearby 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.

Available now

Properties in Lake Albert

View all listings →
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For Sale
$1.1m–$1.2m
house

Family Sanctuary in Premier Location

28 Eastlake Drive, Lake Albert NSW 2650
422811 m²
Raine & Horne Wagga Wagga3 months ago
Ask AI about this property
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For Sale
$1.79m
house

The Perfect Blend of Rustic Elegance & Luxe Inclusions

44 Blackbutt Road, Lake Albert NSW 2650
6362.14 ha
Raine & Horne Wagga Wagga3 months ago
Ask AI about this property
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For Sale
$989,000
house

Lifestyle Meets Location

1 Orford Place, Lake Albert NSW 2650
4231204 m²
REMAX Elite2 months ago
Ask AI about this property
Image 1
For Sale
$415,900
land

Stage 3 Now Selling at Lake Albert Manors

327 Cnr Carabeen Road & Geebung Loop, Lake Albert NSW 2650
1506 m²
Macarthur Real Estate Agency3 months ago
Ask AI about this property
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For Sale
$850,000
house

Private, leafy and a highly desired location!

13 Dalkeith Avenue, Lake Albert NSW 2650
422929 m²
John Mooney Real Estate3 months ago
Ask AI about this property
Image 1
For Sale
$444,900
land

Stage 3 Now Selling at Lake Albert Manors

323 Geebung Loop, Lake Albert NSW 2650
1505 m²
Macarthur Real Estate Agency3 months ago
Ask AI about this property
Image 1
For Sale
$444,900
land

Stage 3 Now Selling at Lake Albert Manors

312 Geebung Loop, Lake Albert NSW 2650
1500 m²
Macarthur Real Estate Agency3 months ago
Ask AI about this property
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For Sale
$450,000
land

Stage 3 Now Selling at Lake Albert Manors

301 Carabeen Road, Lake Albert NSW 2650
1511 m²
Macarthur Real Estate Agency1 month ago
Ask AI about this property
Image 1
NewFor Sale
$465,900
land

Stage 4 Now Selling at Lake Albert Manors

409 Carabeen Road, Lake Albert NSW 2650
1508 m²
Macarthur Real Estate Agency2 days ago
Ask AI about this property
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For Sale
$1.99m
house

New and Broader Horizons Await

9 Bell Gum Place, Lake Albert NSW 2650
4332.17 ha
Fitzpatricks3 months ago
Ask AI about this property
Image 1
For Sale
$419,900
land

Stage 3 Now Selling at Lake Albert Manors

304 Cnr Carabeen Road & Geebung Loop, Lake Albert NSW 2650
1504 m²
Macarthur Real Estate Agency3 months ago
Ask AI about this property
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For Sale
$415,900
land

Discover Stage 3 at Lake Albert Manors

Geebung Loop, Lake Albert NSW 2650
1500 m²
Macarthur Real Estate Agency3 months ago
Ask AI about this property