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 › Mitchell Rd
$1,550,000
Last sold
26 Nov 2025
4
Bedrooms
3
Bathrooms
6
Car spaces
4,078 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,550,000
26 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Lake Albert (last 5 years) with land size have a median of $820/m² of land (n=134). 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.
Vs Lake Albert
+101.8%
Median sale
Suburb $768,075
-2.01 pp
Gross yield
Suburb 3.99%
Suburb median $768,075 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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 RE/MAX Elite - WaggaPositioned in the highly sought suburb of Lake Albert, we proudly present an idyllic lifestyle haven for families on just over 1 acre. If your seeking a country retreat, or retired farmers yearning for space without maintaining a larger property, we welcome you to 'Home sweet home...' Promising a blend of luxury living amongst lifestyle properties, this property will leave you speechless…
Upon entering this elegant home, you are welcomed by an expansive living area, accentuated with gleaming polished timber floors, which set the stage for a home of distinction and comfort. The residence has been thoughtfully renovated to cater to the modern family, with a state-of-the-art kitchen boasting stone benchtops and high-end appliances, poised to delight the home chef and facilitate effortless entertaining. The reverse cycle is ducted throughout the home for true comfort
The home's layout ensures privacy and functionality, featuring a lavish master suite complete with dual walk-in robes and a sumptuous ensuite. The additional bedrooms are well-proportioned, offering flexibility for guests or a growing family. The secondary living space provides a secluded area for relaxation or recreation, further enhancing the home's appeal with two additional bedrooms
Outdoors, the property excels with a captivating inground pool and stylish cabana, set against meticulously manicured gardens. Practicality is matched with pleasure thanks to a substantial new shed, complete with caravan storage and a workshop to cater to all your storage and hobbyist needs.
Parking is plentiful, with space for up to six vehicles, ensuring ample room for family and guests alike. The solar system and inground sprinkler system add an eco-friendly touch; no expense has been spared
232 Mitchell Rd offers more than just a home; it's a lifestyle choice for those desiring space, luxury, and a touch of rural charm, all within reach of modern conveniences. Arrange your inspection and let this house welcome you home.
Disclaimer:
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Jenna Raulston, RE/MAX Elite - Wagga — reproduced as published, not verified by Districts.
NSW 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried for this parcel.
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.