Lake Albert (NSW)

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According to census figures and subsequent address verification by Districts, the population in the suburb of Lake Albert (NSW) is projected to be approximately 6,371 by May 2026. Compared to the 2021 Census tally of 6,291, this represents a modest rise of 80 residents (1.3%). This estimation stems from a base of 6,328 residents calculated from ABS Estimated Resident Population data issued in June 2025, combined with 108 newly confirmed addresses since the census. With a density of 259 individuals per square kilometer, the locality offers ample space and capacity for potential housing expansion. The suburb of Lake Albert (NSW) registered a 1.3% growth rate, which lags the broader SA4 region (2.2%) by only 0.9 percentage points. The primary driver of this demographic expansion was natural increase, which accounted for roughly 55% of the overall population growth in recent times.

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The local workforce is characterized by high skill levels and a strong representation in critical public services, resulting in a low unemployment rate of 1.8% according to aggregated regional statistics. In March 2026, the employed population stood at 3,201, keeping the unemployment rate 2.3 percentage points below the 4.1% recorded across Regional NSW, while overall labor participation remains comparable to the state regional benchmark of 60.6%. Census data shows that a minor share of the workforce, 10.0%, operated from home, though this figure was likely influenced by public health restrictions in place at the time.

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Tax office data for the 2023 financial year indicates that taxpayers in Lake Albert recorded a median income of $57,731 and an average income of $70,375. These figures exceed the national average and surpass the regional benchmarks of $52,390 for median income and $65,215 for average income. Adjusting these values for a 10.32% rise in the Wage Price Index since the 2023 financial year suggests that earnings as of March 2026 would stand at approximately $63,689 for the median and $77,638 for the average. Census data places household and individual incomes in the 63rd percentile nationally, with 33.8% of residents (representing 2,153 people) earning between $1,500 and $2,999, which is comparable to the 29.9% share found in the broader region. Discretionary income remains high, with residents keeping of their earnings after housing expenses, placing the suburb in the th decile of the SEIFA economic index.

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According to the most recent census, the housing stock in Lake Albert is composed of 95.7% detached houses and 4.3% alternative housing options like townhouses and apartments, compared to 82.6% houses and 17.4% other formats across Regional NSW. Home ownership stands at 43.5%, exceeding the regional average, with mortgaged properties accounting for 39.8% and rental properties making up 16.7%. The typical monthly home loan payment was $1,625, and the typical weekly rent was $340, which compares to Regional NSW averages of $1,733 and $330. On a national scale, local home loan payments are lower than the Australian average of $1,863, and weekly rents are below the national benchmark of $375.

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Families make up the vast majority of households at 77.3%, consisting of 34.1% couples with children, 33.0% couples without children, and 9.4% single-parent households. The remaining 22.7% are non-family households, with single-person households representing 20.7% and group housing accounting for 2.0%. The average household size is 2.6 residents, which is slightly larger than the Regional NSW average of 2.4.

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The region shows lower levels of higher education, with university graduation rates at 21.5%, which is below the state average of 32.2%. Among those with tertiary qualifications, bachelor degrees are the most common at 15.0%, with post-graduate degrees at 3.8% and graduate diplomas at 2.7%. Vocational education is highly prevalent, as 41.3% of residents aged 15 and over hold trade qualifications, consisting of 11.2% holding advanced diplomas and 30.1% holding certificates.

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Analysis of regional transport networks shows 45 active transit points within Lake Albert, consisting of bus services. These stops support 53 routes that provide a combined total of 1,984 passenger connections weekly. Transit access is favorable, with residents generally living within 330 meters of a stop. Because the suburb is primarily residential, most workers commute out of the area, and private vehicles remain the primary mode of travel for 96% of commuters. The average number of vehicles per household is 1.8, which is higher than the regional norm. A minor portion of the workforce, 10.0%, worked from home according to the 2021 Census, which was likely affected by pandemic-related settings.

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Health indicators in Lake Albert match national baselines, reflecting typical rates of chronic illness and mortality across both younger and older populations, while private health insurance coverage is solid, encompassing roughly 55% of residents (approximately 3,488 individuals) compared to 51.9% in Regional NSW.

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The locality displays low cultural diversity, with 93.2% of the population born within Australia, 94.5% holding citizenship, and 97.0% using only English at home. The predominant religious affiliation is Christianity, practiced by 68.7% of residents, compared to 55.9% across Regional NSW.

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The median age of residents is 43, matching the Regional NSW average and running higher than the national median of 38. The age distribution reveals a strong presence of residents aged 65 to 74 at 13.2%, whereas the cohort aged 55 to 64 is smaller at 11.4% than the regional average. Since the 2021 Census, the proportion of residents aged 75 to 84 grew from 7.3% to 8.8%, and the 25 to 34 group expanded from 10.0% to 11.3%. Conversely, children aged 5 to 14 fell from 14.3% to 12.7%, and adults aged 55 to 64 decreased from to . Looking forward to the age structure will change significantly, led by a increase in the and older cohort, which is expected to rise by people to reach from a starting point of . The combined age brackets from and upward will account for the entirety of the area's population growth, highlighting the aging trend, while the to and to age brackets are projected to shrink.

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Lake Albert currently has an estimated 350 children under 5 years old, comprising approximately 233 children aged 0-2 and 156 children aged 3-4. This cohort grew by an estimated 7% since the previous census. though population forecasts indicate future decline, with an anticipated decrease of 6% by 2041 (to approximately 329 children). Meanwhile the 5-12 cohort currently amounts to 670. While growth has been positive birth rates observed in the area have been moderate, with approximately 11.4 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally. This rate has slowed down slightly in recent years however.