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Lake Albert, NSW 2650
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$825,000
list-price estimate
Median Unit
$605,000
list-price estimate
Gross Yield (houses)
4.3%
1yr Growth (houses)
+11.6%
market range +5.0% to +17.5%
Investment snapshot for Lake Albert
Lake Albert has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lake Albert market and investor summary
In Lake Albert, NSW 2650, houses show a gross rental yield of 4.3%. House prices have moved +11.6% over the past year. At 2.8% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Apartment stock is taking longer than usual to clear, a sign of softer demand at the unit end of the market.
Living in Lake Albert: people, income and schools
About 6,291 people live in Lake Albert, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $98,000 a year, or roughly $1,890 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
There are 19 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 17 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 6,291
- +2% over 5yr
- Median age
- 43 years
- Median household income
- $98,000/yr
- Households renting
- 16%
- Family households
- 77%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 19
- avg ICSEA 997
- Unemployment
- 3.8%
- Walk score
- 17/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lake Albert
View all →Frequently asked questions about Lake Albert
What should I check before investing in Lake Albert?
Lake Albert has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +11.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Lake Albert show?
The gross rental yield in Lake Albert is 4.3% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Lake Albert?
House prices in Lake Albert are up 11.6% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Lake Albert?
The current vacancy rate in Lake Albert is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Lake Albert?
Lake Albert has a population of approximately 6,291 residents, with a median age of 43.
What schools are near Lake Albert?
There are 19 schools within roughly 5km of Lake Albert. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Lake Albert's population growing?
The population of Lake Albert has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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