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 › Inglis St
$562,500
Last sold
6 Aug 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
1,012 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
$562,500
6 Aug 2024 · 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
-26.8%
Median sale
Suburb $768,075
+1.45 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
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?
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.
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 RE/MAX Elite - WaggaStep into a world of opportunity with this charming residence, boasting a generous plot just a stone's throw from the shimmering waters of Lake Albert and a mere block from the convenience of Lake Village Shopping Centre, this delightful home offers the perfect blend space and convenience.
The expansive 1012 square metre allotment presents a wealth of potential. Envision crafting your dream abode or undertaking a bespoke renovation to transform this space into a modern oasis. The existing structure is complemented by a council-approved granny flat, complete with its own bathroom and kitchen, providing an ideal retreat for guests or an opportunity for additional rental income.
The spacious living room appointed at the front of the home soaks in natural light. A separate dining room and functional kitchen overlooking the rear yard, equipped with a dishwasher and a walk-in pantry that promises to delight.
Entertaining made easy, stepping straight from the kitchen to the outdoor alfresco area, an entertainer's dream, where friends and family can gather around in the privacy of your own enclosed backyard.
The back fence has recently been upgraded and includes a sliding gate for rear lane access, whilst the property already has a garden shed, this yard offers the prime opportunity and space to seek DA approval for a much bigger shed!
This home is ripe with possibility. Whether you're looking to nest or invest, this gem is a rare find in a sought-after location. Don't miss the chance to plant your roots in this inviting community, where life's pleasures are always within reach.
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.
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 Taylor Maurer, RE/MAX Elite - Wagga — reproduced as published, not verified by Districts.