If you compare the increase in value of investment property in Lake Albert, 2650 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -8.03%.
Over the longer term, Lake Albert has seen property prices show investors a 15.37% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.25% offered to property buyers. Sellers in Lake Albert itself are offering an average vendor discount of -4.10% to real estate investors.
Residents and property investors in Lake Albert have been waiting around 78.42 days to sell a property.
The NSW suburb of Lake Albert, 2650 is in the Wagga Wagga local government area.