535 Kooringal Road, Lake Albert NSW 2650
This property is Off Market
- Last sold 5/14/2021 for $1,580,000. The Average property price in this area is $973,751, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 261.06 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 26 MAIN ST $592,000
- 10/23/2024 452 KOORINGAL RD $539,000
- 10/22/2024 40 DALKEITH AVE $1,100,000
- 10/18/2024 6 FORREST ST $498,000
- 10/18/2024 23 LAKESIDE DR $1,890,000
About Wagga Wagga - East
With an average age of 37, households expect an average monthly mortgage payment of $1,312 or a weekly rent payment of $350. The average family earns a weekly income of $1,985 with a typical household size of 2.5 and a 100.88% employment rate.
In Lake Albert there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lake Albert is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Lake Albert provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lake Albert to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Lake Albert we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lake Albert a better buying opportunity than it may have been in the past.
Public Transport
Wagga Wagga
General Points of Interest
Wagga City Golf Club
Forest Hill Shopping Centre
Pool
A79-612
Charles Sturt Memorial
Warship gun
HMAS Wagga Anchor
Korea and Vietnam Memorial
HomeCo
Wagga Wagga National Servicemens Monument
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 2200 asthma sufferers and 755 people living with diabetes. In addition, 964 people have a heart/vascular condition and 1476 people live with three or more chronic diseases.A good place to invest in property?
Wagga Wagga - East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
27 / 100
31 / 100
Industry
19 / 100
22 / 100
Population
15 / 100
19 / 100
House Prices
49 / 100
60 / 100
Jobs
32 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKooringal HS Kooringal PS
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Kooringal High School
Kooringal, NSW, 2650 State 7-12 -
Kooringal Public School
Wagga Wagga, NSW, 2650 State K-6
Property Story
535 Kooringal Road, Lake Albert, Nsw, 2650 is a residential property with 2 bedrooms, 4 bathrooms and 2 Parking spaces. The estimated value of this home is $1,950,000 while properties of this type typically sell for between $370,000 and $495,000 in this suburb. The estimated distance to the sea is 261.06km and at least 8.01KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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