Lake Albert at a glance
6,371
People
$768,075
Median sale
$589/wk
Median rent
3.99%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
NSW › Lake Albert › Lakeside Dr
5
Bedrooms
2
Bathrooms
2
Car spaces
935.8 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lake Albert (last 5 years) with land size have a median of $817/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Lake Albert at a glance
6,371
People
$768,075
Median sale
$589/wk
Median rent
3.99%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Wagga Wagga Local Environmental Plan 2010
Zone
General Residential
R1
Jurisdiction
Wagga Wagga
Wagga Wagga, NSW
PAN-247917
The development will include extensions and renovations to the existing residence. The new part will be two storeys creating a garage area underneath and a new living area on top. The extension will
Determined · Approved
Council site reportPAN-165354
The development will include extensions and renovations to the existing residence. The new part will be two storeys creating a garage area underneath and a new living area on top. The extension wil
Determined · Approved
Council site reportSource
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned General Residential · R1 (Wagga Wagga Local Environmental Plan 2010). Official parcel area about 943 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 2 development applications on this parcel. Modification Application (Determined, Approved); Development Application (Determined, Approved) These are this lot’s applications, not the neighbourhood pipeline. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned General Residential · R1 (Wagga Wagga Local Environmental Plan 2010). Official parcel area about 943 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · R1 (Wagga Wagga Local Environmental Plan 2010). Official parcel area about 943 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 943 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
Knownmedium2 development applications on this parcel. Modification Application (Determined, Approved); Development Application (Determined, Approved) These are this lot’s applications, not the neighbourhood pipeline.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Lake Albert at a glance
6,371
People
$768,075
Median sale
$589/wk
Median rent
3.99%
Suburb gross yield
Median sale from 68 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Fitzpatrick's Real Estate Wagga WaggaAuction Location: Onsite
Positioned on one of Wagga's most esteemed streets, this property epitomizes luxury living with its breathtaking easterly views across Lake Albert and meticulous renovation. From the moment you step through the front door into the welcoming entry hall, anticipation builds, promising a residence of unparalleled distinction, where every expectation is not just met, but surpassed.
- the captivating facade boasts architectural finesse, setting the tone for the elegance within
- a recently completed extension serves as the heart of the home, featuring a carefully designed kitchen with Quantum Quartz benchtops and pantry that seamlessly flows onto an entertainer's balcony. this outdoor oasis, complete with a built-in barbeque, offers sweeping views over Lake Albert, making it a showstopper for hosting guests or enjoying quiet evenings
- seamless integration with stunning engineered timber flooring in the open plan family room, pitched ceilings, sliding doors, and retractable screens that effortlessly merge indoor and outdoor spaces
- the versatile layout beyond the open-plan kitchen/living area, a rumpus room, sitting area with built-in storage and seating, home office/dining, and lounge room offer ample space for relaxation and entertainment. the split-level floor plan ensures privacy and comfort for larger families
- the main bedroom and ensuite, with an eastern aspect, capture beautiful morning light, while the thoughtful layout situates the second bedroom near the main, ideal for parents with young children. three additional bedrooms at the rear provide separation and space for teenagers, all generously sized surrounding the main bathroom
- both bathrooms have been tastefully renovated, with the main bathroom featuring a skylight, adding a touch of sophistication. an additional third toilet in the garage for added convenience
- a huge expansive garage can accommodate several large vehicles, boats, and trailers, boasting ample storage options with built-in cupboards, under stair storage, and a practical workbench
- outdoor entertaining is a breeze with multiple sheltered and protected entertaining areas cater for every occasion, from the undercover balcony to the inviting outdoor lounge with an open brick fireplace, perfect for enjoying both morning serenity and evening gatherings with a view
- the pool house cabana provides a tranquil retreat after a swim in the large sparkling tiled swimming pool, surrounded by travertine paving, olive trees, and bench seating
This is a rare opportunity to join an exclusive group of just 39 owners enjoying Wagga's finest outlook. With limited sales in this desirable street, this residence offers comfort, elegance, sophistication, and scenic views. It's hard to put into words just how good this exceptional property is.
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Shaun Lowry, Fitzpatrick's Real Estate Wagga Wagga — reproduced as published, not verified by Districts.