Lake Albert (NSW)

Suburb (SAL)

Rest of NSW / Wagga Wagga

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL12246 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Lake Albert (NSW)

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The median house price in Lake Albert (NSW) is $700k, with units at $562k. House values have moved 8.0% a year compounded over five years.

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DemographicsPopulation Growth in Lake Albert (NSW)

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Lake Albert (NSW) has an estimated 6,371 residents, up from 6,291 at the 2021 Census — a change of 80 people, or 1.3%. 108 new addresses have been validated here since Census night. That puts 260 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to census figures and subsequent address verification by AreaSearch, 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 55.00000000000001% of the overall population growth in recent times. Projections for the suburb of Lake Albert (NSW) leverage regional data models published in 2024 (using 2022 as a baseline) by the ABS and Geoscience Australia, supplemented where necessary by 2022 state government models built on a 2021 foundation. These sources also supply cohort-specific growth projections spanning 2032 to 2041. Based on this approach, the overall head count is expected to contract by 410 individuals by 2041. Despite this downward trend, specific segments are forecast to expand, most notably residents aged 85 and older, who are anticipated to increase by 189 individuals.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Lake Albert?
Total population for the suburb of Lake Albert was estimated to be approximately 6,371 as at May 26. This is based upon an estimated resident population of 6,328 from the ABS up to June 2025.
How has the population in the suburb of Lake Albert changed since 2021?
The suburb of lake albert has added approximately 80 people and shown a 1.27% increase from the 6,291 people recorded at the 2021 Census period.
What is the population density in the suburb of Lake Albert?
The population density in the suburb of Lake Albert is estimated at 259 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Lake Albert?
Over the past 10 years, the population in the suburb of Lake Albert has shown a compound annual growth rate of 0.1% per annum.
What are the main drivers of population growth in the suburb of Lake Albert?
Population growth in the suburb of Lake Albert is driven by: Natural increase (55.00000000000001%), Overseas migration (45.0%), Interstate migration (0.0%). The primary driver is Natural increase, contributing 55.00000000000001% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Lake Albert (NSW)

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84 new dwellings have been approved in Lake Albert (NSW) over the past five years, an average of 16 a year. That is 2.7 approvals per 1,000 residents. Of the 21 dwellings approved in the latest reporting year, 90% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 46, running ahead of that longer-run average. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

Analysis of building permit statistics indicates that Lake Albert averages approximately 16 residential approvals annually, totaling an estimated 84 homes over the five financial years from FY-21 to FY-25, alongside 43 approvals during the current FY-26 period. This volume of construction is reasonable given the contracting population, which supports prospective buyers, while the average estimated building cost of $564,000 indicates that developers are concentrating on high-end, premium housing. Additionally, commercial building approvals reached $700,000 during this financial year, underscoring the dominant residential character of the locality. The volume of construction per capita in Lake Albert is roughly half the rate observed across the rest of the state, ranking in the 64th percentile of all examined locations nationwide, despite a recent uptick in building activity.

This below-average rate of development nationally points to a mature neighborhood and potential regulatory barriers. The new supply is heavily weighted toward detached single-family houses at 90.0%, with apartments and townhouses making up 10.0%, thereby maintaining a spacious suburban environment that appeals to buyers seeking larger properties. The ratio of roughly 225 residents for each new dwelling approval is characteristic of a low-density neighborhood. Given that demographic projections point to stable or shrinking population numbers, Lake Albert will likely face reduced demand for new housing, creating advantageous purchasing conditions for home buyers.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Lake Albert recently?
Dwelling approval activity in the the suburb of Lake Albert area has seen 56 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Lake Albert's current population of 6,371 has been supported by 16 approvals on average over recent years.
How does the suburb of Lake Albert's development activity compare to the broader region?
The suburb of Lake Albert has seen 0.27 approvals per 100 people in recent years, compared to 0.58 approvals in the broader region. This means that one dwelling has been approved for every 225 people in the suburb of Lake Albert, compared to one for every 192 in the broader region.
Is the suburb of Lake Albert keeping up with housing demand?
Population forecasts suggest stable or declining population, reducing pressure on housing supply in the the suburb of Lake Albert area.
What has been the trend in development approvals over the past five years in the suburb of Lake Albert?
Looking at development activity over the past five years, the suburb of Lake Albert's approval levels have been significantly above the yearly average of 16, indicating strong recent growth in development activity.
How does recent development compare to population growth in the suburb of Lake Albert?
Over the past five years, the population in the suburb of Lake Albert has grown by approximately 227 people, while 84 residential approvals were recorded. This equates to a ratio of 2.7 people added for each new dwelling approval. This indicates solid population growth supported by housing development activity.
Are there opportunities for residential developers in the suburb of Lake Albert?
With dwelling approval activity running at an average of 16 approvals per year and a population of 6,371, stable population forecasts suggest a mature market with selective development opportunities.
Approvals Pipeline Development applications near Lake Albert (NSW)

Development applications around Lake Albert (NSW)

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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Lake Albert (NSW)

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AreaSearch tracks 6 current infrastructure and development projects inside Lake Albert (NSW), worth an estimated $17 million. A further 36 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $5.28 billion. 10 are already under construction and 7 are due for completion within three years. The pipeline spans transport & logistics, residential development and sports & recreation. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local infrastructure projects, planning choices, and development initiatives are key drivers of regional growth. AreaSearch has tracked 13 projects expected to influence the local area, including the Lake Albert Manors development, the Riverina Intermodal Freight and Logistics (RiFL) Hub, the Lake Albert Pipeline and Precinct Renewal, and the Lake Albert Plan of Management 2025-2035, with details on the most significant initiatives provided below.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Lake Albert?
Key infrastructure and planning changes likely to influence the suburb of Lake Albert include: Lake Albert Manors (Construction); Riverina Intermodal Freight and Logistics (RiFL) Hub (Construction); Lake Albert Pipeline and Precinct Renewal (Construction); Lake Albert Plan of Management 2025-2035 (Approved); and Southern Growth Area (Planning). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Lake Albert?
Infrastructure development impacting the suburb of Lake Albert spans multiple sectors including Transport & Logistics, Communities, Precincts & Urban Renewal, and Residential Development, among others.
What is the scale of infrastructure investment impacting the suburb of Lake Albert?
Infrastructure investment analysis indicates substantial capital deployment exceeding $5.0 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Lake Albert vicinity.
How does the suburb of Lake Albert's infrastructure development compare to other areas?
The suburb of Lake Albert ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
Lake Albert Pipeline and Precinct Renewal Project
Category: Environmental & Disaster Management
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

A $9 million initiative to revitalise the Lake Albert precinct through foreshore remediation, upgrades to stormwater infrastructure, replacement of the existing ageing weir structure at the northern end of the lake, and the construction of an approximately 6.4-kilometre pipeline from the Murrumbidgee River to maintain consistent lake water levels and improve overall water quality.

Environmental & Disaster Management

Lake Albert Manors
Category: Residential Development
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   

Lake Albert Manors is a masterplanned residential estate by DevCore Property Group at Lake Albert, Wagga Wagga. The project comprises approximately 131 large residential lots ranging from around 1,500sqm to 4,000sqm across multiple stages. Construction is progressing with homes completed in earlier stages, Stage 3 infrastructure and housing underway, and the final stage now being released for sale.

Residential Development

Lake Albert Plan of Management 2025-2035
Category: Communities, Precincts & Urban Renewal
Stage: Approved | Est. Comp: 2035
Source / Links: Link 1   Link 2  

A 10-year comprehensive plan adopted by Wagga Wagga City Council to guide the strategic management, use, and future development of the Lake Albert precinct. The framework focuses on amenity improvements, recreational infrastructure, Aboriginal cultural values, biodiversity conservation, and managing water quality.

Communities, Precincts & Urban Renewal

Plumpton Road Upgrade
Category: Transport & Logistics
Stage: Approved | Est. Comp: 0
Source / Links: Link 1   Link 2  

Major $70.8 million infrastructure upgrade including $49.57 million for Plumpton Road duplication between Lake Albert Road and Rowan Road. Includes 8 intersection upgrades and stormwater infrastructure to support Southern Growth Area housing developments.

Transport & Logistics

Lake Albert Road Upgrade Extension
Category: Transport & Logistics
Stage: Completed | Est. Comp: 0
Source / Links: Link 1   Link 2  

380-metre road upgrade from Warrawong Street to Copland Street intersection including pavement rehabilitation, surface replacement and kerb and guttering works. Funded 75% by Australian and NSW Governments under Fixing Local Roads program.

Transport & Logistics

Kooringal Road Reconstruction
Category: Transport & Logistics
Stage: Completed | Est. Comp: 2024
Source / Links: Link 1   Link 2  

Road rehabilitation project including pavement reconstruction, new asphalt surface and kerb and guttering replacement. Part of broader Regional Emergency Road Repair fund program. Multiple sections completed between Exhibition Centre and Hammond Avenue. Major reconstruction of three sections of Kooringal Road including new asphalt pavement, 50mm wearing course, and improved drainage. Works include Hammond Avenue intersection to Marshalls Creek Bridge, 200m stretch south of Simkin Crescent, and section between Fay Avenue and Vincent Road.

Transport & Logistics

Active Travel Plan - Plumpton Road Section
Category: Transport & Logistics
Stage: Approved | Est. Comp: 0
Source / Links: Link 1   Link 2  

NSW Government funded $5 million project for 4.6-kilometre three-metre-wide concrete pathway from Rowan Road to Kooringal Road-Red Hill Road intersection, connecting Southern Growth Area to existing Active Travel network.

Transport & Logistics

Southern Growth Area - Wagga Wagga
Category: Communities
Stage: Under Assessment | Est. Comp: 2037
Source / Links: Link 1   Link 2  

An 844.8 hectare urban growth precinct south of Wagga Wagga, divided into four zones to accommodate long-term housing needs. Zone 1 (341.6 hectares, comprising Rowan Village by DevCore Property Group and the Sunnyside landholdings) is the subject of Planning Proposal LEP24/0003, which was publicly exhibited from 3 November to 12 December 2025. Council is now reviewing submissions before reporting to DPHI for final determination. Zone 1 proposes approximately 2,950 dwellings supported by residential, commercial, open space, conservation, and infrastructure uses including a future school site.The $49.57 million Plumpton Road duplication, funded via the NSW Accelerated Infrastructure Fund, is progressing to service the growth area. Zones 2 to 4 remain in early strategic planning. Development approval for Rowan Village (approximately 2,100 of the Zone 1 dwellings) is targeted for early 2026, with construction expected from 2027 over a 10-year program.

Communities

Jobs & IndustryEmployment Trends in Lake Albert (NSW)

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3,201 residents of Lake Albert (NSW) are employed, from a labour force of 3,259. Unemployment sits at 1.8%, with participation at 62.0%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.5% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 5,156, about 81% of the resident population, so more people leave the area for work than travel in. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

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.

The primary sectors employing local residents are healthcare and social services, construction, and education and training. The concentration of construction workers is particularly high, running at 1.3 times the regional standard. Conversely, primary production sectors like farming, forestry, and fishing account for only 2.9% of the workforce, which is lower than the Regional NSW average of 5.3%. The discrepancy between the number of local jobs recorded during the Census and the size of the resident workforce suggests that local employment opportunities are somewhat restricted in this mainly residential neighborhood. Regional labor statistics indicate that during the twelve months ending March 2026, the local workforce shrank by 3.5% and the number of employed residents fell by 3.3%, which subsequently lowered the unemployment rate by 0.1 percentage points. By comparison, Regional NSW saw a 0.9% drop in employment and a 0.4% contraction in the labor force, alongside a 0.5 percentage point increase in unemployment. Future employment possibilities can be evaluated using national workforce forecasts from May-25, which project a 6.6% expansion over five years and a 13.7% increase over ten years. When these national industry trends are applied directly to the local employment structure, the area's workforce is projected to grow by 6.5% over five years and 13.6% over ten years, assuming local trends mirror national industry movements without factoring in localized demographic shifts.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Lake Albert?
As of March 2026, the suburb of Lake Albert has approximately 3,201 employed residents with an unemployment rate of 1.8%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the suburb of Lake Albert's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Lake Albert stands at 1.8%, which is 2.3 percentage points below Regional NSW's rate of 4.1%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Lake Albert?
The employment landscape in the suburb of Lake Albert is dominated by several key sectors. The largest employers are health care & social assistance (17.9% of employment), construction (12.9%), and education & training (12.7%). Other significant employers include retail trade and public administration & safety.
How has employment changed recently in the suburb of Lake Albert?
Over the past year to March 2026, the suburb of Lake Albert has experienced a decline in employment, with total jobs decreasing while the labour force decreased. As a result, the unemployment rate has fall. By comparison, Regional NSW saw employment decreased and its unemployment rate rose.
What is the workforce participation rate in the suburb of Lake Albert?
The workforce participation rate in the suburb of Lake Albert is 62.0%, which represents the proportion of working-age residents who are either employed or actively seeking work. This healthy participation rate reflects good employment opportunities and workforce engagement. The local rate leading the Regional NSW average of 60.6%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the suburb of Lake Albert's employment market?
The suburb of lake albert shows notable specialization in construction, which employs 12.9% of the local workforce compared to 9.7% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 1 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Lake Albert?
Based on Jobs and Skills Australia projections applied to the suburb of Lake Albert's industry mix, employment is expected to grow by 6.5% over the next five years and 13.6% over ten years. This compares to national growth expectations of 6.6% over five years. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Lake Albert compare nationally?
The suburb of lake albert's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 1.0% decline, ranking 19.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Lake Albert?
Skilled workers will find good opportunities in the suburb of Lake Albert, with skilled sectors accounting for 38.1% of employment. Key sectors for skilled workers include health care & social assistance (17.9%), education & training (12.7%), and professional & technical (4.4%). With projected employment growth of 6.5% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Lake Albert (NSW)

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Median household income in Lake Albert (NSW) is $1,891 a week (about $98,000 a year), with median personal income at $907 a week. ATO records put median taxable income at $57,731 a year against an average of $70,375. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

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 89.1% of their earnings after housing expenses, placing the suburb in the 6th decile of the SEIFA economic index.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Lake Albert?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Lake Albert is approximately $63,689. The official ATO data from FY-23 recorded a median of $57,731.
What is the average taxable income in the suburb of Lake Albert?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Lake Albert is approximately $77,638. The official ATO data from FY-23 recorded an average of $70,375.
How does the median taxable income in the suburb of Lake Albert compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Lake Albert is approximately $63,689 compared to $57,797 in Regional NSW. The official ATO data from FY-23 shows $57,731 and $52,390 respectively.
How does the average taxable income in the suburb of Lake Albert compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Lake Albert is approximately $77,638 compared to $71,945 in Regional NSW. The official ATO data from FY-23 shows $70,375 and $65,215 respectively.
What are the main income cohorts in the suburb of Lake Albert according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~33.8% / 2,153 persons) of the suburb of Lake Albert's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Lake Albert compare to the region?
The largest income cohort in the suburb of Lake Albert is the $1,500 - 2,999 group, representing about 33.8% of the population. In comparison, Regional NSW's largest income cohort is the $1,500 - 2,999 group, representing 29.9% of its population, according to the 2021 Census.
What is the median household income in the suburb of Lake Albert according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Lake Albert is $1,891/wk.
What is the median family income in the suburb of Lake Albert according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Lake Albert is $2,237/wk.
What is the median personal income in the suburb of Lake Albert according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Lake Albert is $907/wk.
How does the suburb of Lake Albert's income rank nationally?
AreaSearch's latest postcode level ATO data for FY-23 reveals that income in the suburb of Lake Albert is higher than average nationally, with the median assessed at $57,731 while the average income stands at $70,375. This contrasts to Regional NSW's figures of a median income of $52,390 and an average income of $65,215. Based on Wage Price Index growth of 10.32% since FY-23, current estimates would be approximately $63,689 (median) and $77,638 (average) as of March 2026.
What is the disposable income in the suburb of Lake Albert?
The estimated disposable income in the suburb of Lake Albert is $7,302 per year according to AreaSearch analysis.
How does the suburb of Lake Albert's disposable income compare to the region?
The suburb of lake albert's disposable income is $7,302 compared to $5,252 for Regional NSW, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Lake Albert (NSW)

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Lake Albert (NSW) had 2,299 occupied dwellings at the 2021 Census, 96% detached houses and 3% apartments. 40% are owned with a mortgage, 17% rented and 44% owned outright. At that Census the median rent was $340 a week and the median mortgage repayment $1,625 a month. Rent absorbs 18.0% of household income here and mortgage repayments 19.8%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

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.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Lake Albert?
In the suburb of Lake Albert, 43.5% of homes are owned outright, 39.8% are owned with a mortgage, and 16.7% are rented.
What percentage of dwellings in the suburb of Lake Albert are houses?
According to the latest data, 95.7% of dwellings in the suburb of Lake Albert are houses.
What percentage of dwellings in the suburb of Lake Albert are apartments or units?
In the suburb of Lake Albert, 3.4% of dwellings are apartments or units, with an additional 0.7% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Lake Albert?
Outright home ownership in the suburb of Lake Albert stands at 43.5%, compared to 39.6% in Regional NSW.
What is the median monthly mortgage repayment in the suburb of Lake Albert?
The median monthly mortgage repayment in the suburb of Lake Albert is $1,625, compared to $1,733 in Regional NSW.
What is the median weekly rent in the suburb of Lake Albert?
The median weekly rent in the suburb of Lake Albert is $340, compared to $330 in Regional NSW.
What is the distribution of rental prices in the suburb of Lake Albert?
In the suburb of Lake Albert, 2.7% of rentals are $0-149/week, 49.9% are $150-349/week, 46.3% are $350-649/week, 1.2% are $650-949/week, and 0.0% are $950+/week.
What is the average monthly housing cost in the suburb of Lake Albert?
The aggregate monthly housing cost in the suburb of Lake Albert is $892, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Lake Albert?
In the suburb of Lake Albert, households with mortgages typically spend 19.8% of their income on mortgage repayments, while renters spend 18.0% of their income on rent.
How crowded are homes in the suburb of Lake Albert?
The average persons per bedroom ratio in the suburb of Lake Albert is 0.7, indicating the level of household density.
How does housing affordability in the suburb of Lake Albert compare to the region?
Housing affordability in the suburb of Lake Albert shows mortgage holders spending 19.8% of income on repayments (vs 27.9% regionally), while renters spend 18.0% of income on rent (vs 23.0% regionally).
What types of dwellings are most common in the suburb of Lake Albert?
The dwelling mix in the suburb of Lake Albert consists of 95.7% detached houses, 0.7% semi-detached dwellings, 3.4% apartments, and 0.2% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Lake Albert?
Given the tenure profile of the area, the weighted average monthly housing cost is approximately $893. This accounts for outright owners paying no housing costs, mortgage holders paying $1,625/month, and renters paying $1,472/month.
How affordable is housing in the suburb of Lake Albert relative to local incomes?
Housing in Lake Albert consumes approximately 10.9% of median household income ($8,188 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Lake Albert?
Recent development applications in Lake Albert show attached dwellings contributing 10% of approvals compared to 4% of existing stock, while detached houses represent 90% of applications versus 96% of current dwellings. This suggests increasing densification. Density increases remain below national trends.

HouseholdsHousehold Composition in Lake Albert (NSW)

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Lake Albert (NSW) counted 2,299 households at the 2021 Census, averaging 2.6 people each. 34% are couples with children, against 33% couples without children. 21% of households are people living alone, and families average 2.0 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

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.

Frequently Asked Questions - Households

How many households are in the suburb of Lake Albert?
As of the 2021 Census, the suburb of Lake Albert had 2,299 households. Based on population growth patterns, this has grown by approximately 1.3% to an estimated 2,328 households today.
What is the typical household size?
The median household size in the suburb of Lake Albert is 2.6 people. This compares to 2.4 in Regional NSW and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 77.3% of all households. The remaining households consist of lone person households (20.7%), group households (2.0%), and other household types (0.3%).
How are families structured in the area?
Among the 1,777 family households, 34.1% are couples with children, 33.0% are couples without children at home, and 9.4% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Lake Albert compare to regional household patterns?
Compared to Regional NSW, the suburb of Lake Albert shows distinct household patterns. Family households are notably over-represented at 77.3% (versus 68.8% regionally). Conversely, lone person households are under-represented at 20.7% compared to the regional 27.9%. This family-oriented profile influences local demand for family homes, schools, and children's services.
What is the average family size?
Families in the suburb of Lake Albert have an average of 2.0 children, slightly above the Regional NSW average of 1.8. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Lake Albert?
Marriage patterns reveal 56.1% of the adult population are currently married, while 28.6% have never married. This compares to 45.6% married and 34.3% never married across Regional NSW.
How significant are single-person households?
Single-person households represent 20.7% of all households in the suburb of Lake Albert, notably lower than the regional average of 27.9%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 2.0% of households, well below the Regional NSW average of 3.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Lake Albert (NSW)

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21.5% of adults in Lake Albert (NSW) hold a university qualification, including 15.0% with a bachelor degree and 3.8% with postgraduate qualifications. A further 30.1% hold a vocational qualification. 3 schools serve the area, with 1,511 enrolment places and an average ICSEA of 1,036 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

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. A significant proportion of the population is actively engaged in studies, with 28.2% of residents enrolled in an educational program.

This student body is distributed across primary schooling at 10.5%, secondary colleges at 9.3%, and higher education programs at 3.2%.

Frequently Asked Questions - Education

What percentage of people in the suburb of Lake Albert have university qualifications?
21.5% of people aged 15 and over in the suburb of Lake Albert have university qualifications, compared to 21.3% in the broader region.
What percentage of people in the suburb of Lake Albert have no formal qualifications?
37.1% of people aged 15 and over in the suburb of Lake Albert have no formal qualifications, compared to 39.1% regionally.
How does the suburb of Lake Albert's education level compare to national averages?
The suburb of lake albert ranks in the 59th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Lake Albert?
The most common qualifications in the suburb of Lake Albert are: Certificate (30.1%), Bachelor Degree (15.0%), Advanced Diploma (11.2%).
What proportion of the suburb of Lake Albert's population is currently attending educational institutions?
28.2% of the population in the suburb of Lake Albert is currently engaged in formal education, with 10.5% in primary school, 9.3% in secondary school, 3.2% at university.
What is the ICSEA score for schools in the suburb of Lake Albert?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Lake Albert is 1036, indicating average socio-educational advantage (national average is 1000).
How many schools are located within the suburb of Lake Albert?
There are 3 schools within the suburb of Lake Albert, with a combined enrollment of approximately 1,511 students.
What types of schools are available in the suburb of Lake Albert?
The suburb of lake albert includes 2 primary schools, 1 secondary school.

Schools Detail

AmenitiesServices & Amenities in Lake Albert (NSW)

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Getting AroundTransport & Commuting in Lake Albert (NSW)

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Public transport in Lake Albert (NSW) reaches 45 stops on 53 routes, timetabled for about 2,000 services a week. The typical home sits about 330 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.8 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

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.

Transit routes average 283 daily journeys across all services, which represents approximately 44 weekly services per transit stop.

Frequently Asked Questions - Transport

How many public transport stops are in Lake Albert (NSW)?
There are 45 public transport stops within the suburb of Lake Albert.
How frequent are the transport services in Lake Albert (NSW)?
the suburb of Lake Albert has 1,984 weekly trips across 53 routes, averaging 283 trips per day.
How far are residents from public transport in Lake Albert (NSW)?
On average, residential properties are 330 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Lake Albert (NSW)

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63.9% of residents in Lake Albert (NSW) report no long-term health condition. 5.7% need daily assistance with core activities, and 54.8% hold private health cover. The standardised death rate runs at 5.3 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

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. The primary medical complaints reported by residents are asthma at 9.8% and arthritis at 9.6%, though 63.9% of the population reported no long-term illnesses, slightly ahead of the Regional NSW figure of 63.3%. Adults of working age experience higher-than-average rates of chronic conditions. Seniors aged 65 and older make up 25.2% of the population (1,605 individuals), exceeding the regional average of 23.4%.

Seniors in the area display positive health outcomes, with their national health rankings surpassing those of the overall local population.

Frequently Asked Questions - Health

How many people in the suburb of Lake Albert have private health insurance?
Around 54.8% of people in the suburb of Lake Albert are covered by private health insurance, which compares to 51.9% in the broader region of Regional NSW.
What percentage of the population requires ongoing medical assistance in the suburb of Lake Albert?
In the suburb of Lake Albert, 5.7% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 6.8% of people in Regional NSW require similar assistance.
How prevalent is asthma in the suburb of Lake Albert?
9.8% of people in the suburb of Lake Albert are diagnosed with asthma. In comparison, 8.4% of the population across Regional NSW is affected by asthma.
What percentage of people have diabetes in the suburb of Lake Albert?
Diabetes affects 4.5% of the the suburb of Lake Albert population, while in the surrounding region, 4.7% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Lake Albert?
4.1% of people in the suburb of Lake Albert have heart disease. Across the region of Regional NSW, 4.4% of the population is affected by heart disease.
How does the suburb of Lake Albert compare to the region in terms of overall private health coverage?
In the suburb of Lake Albert, 54.8% of the population are estimated to have private health insurance. Comparatively, Regional NSW sees an estimated private health coverage rate of 51.9%.

Ancestry & LanguageCultural Diversity in Lake Albert (NSW)

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Lake Albert (NSW) is largely Australian-born, at 93.2% of residents, with 3.0% speaking a language other than English at home. The largest reported ancestries are Australian (31.8%) and English (31.3%). 3.4% of residents identify as Aboriginal and/or Torres Strait Islander. Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

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. Regarding family heritage, the most common backgrounds are Australian at 31.8%, English at 31.3%, and Irish at 10.6%. There are also distinct variations compared to regional averages, with Scottish heritage overrepresented at 9.3% (against 8.0% regionally), German heritage at 4.1% (against 3.1%), and Indigenous Australian heritage at 3.4% (against 4.6%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Lake Albert?
Lake Albert was found to be below average in terms of cultural diversity, with 93.2% of its population born in Australia, 94.5% being citizens, and 97.0% speaking English only at home.
What is the most common religion in the suburb of Lake Albert?
The main religion in Lake Albert was found to be Christianity, which makes up 68.7% of people in Lake Albert. This compares to 55.9% across Regional NSW.
What are the top countries of origin in the suburb of Lake Albert?
In terms of ancestry (country of birth of parents), the top three represented groups in Lake Albert are Australian, comprising 31.8% of the population, English, comprising 31.3% of the population, and Irish, comprising 10.6% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Scottish is notably overrepresented at 9.3% of Lake Albert (vs 8.0% regionally), German at 4.1% (vs 3.1%) and Australian Aboriginal at 3.4% (vs 4.6%).
How does the percentage of people born overseas compare to the regional average?
6.8% of the the suburb of Lake Albert population was born overseas, compared to 13.0% regionally.
What percentage of the the suburb of Lake Albert population speaks a language other than English at home?
3.0% of the population in the suburb of Lake Albert speaks a language other than English at home, compared to 7.1% in the wider region.
How many people in the suburb of Lake Albert identify as Australian Aboriginal?
3.4% of the the suburb of Lake Albert population identifies as Australian Aboriginal, compared to 4.6% in the region.
What is the citizenship status of the population in the suburb of Lake Albert?
94.5% of the the suburb of Lake Albert population holds citizenship, compared to 89.2% in the wider region.

Age StructureAge Profile of Lake Albert (NSW)

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The median resident of Lake Albert (NSW) is 43. 23.7% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

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 12.7% to 11.4%.

Looking forward to 2041, the age structure will change significantly, led by a 91% increase in the 85 and older cohort, which is expected to rise by 185 people to reach 389 from a starting point of 203. The combined age brackets from 65 and upward will account for the entirety of the area's population growth, highlighting the aging trend, while the 25 to 34 and 0 to 4 age brackets are projected to shrink.

Frequently Asked Questions - Age

What is the median age in the suburb of Lake Albert?
According to the latest data, the median age in the suburb of Lake Albert is 43 years.
How does the suburb of Lake Albert's median age compare to broader areas?
At 43 years, Lake Albert is equal to the Regional NSW average and 5 years older than the national average (38 years).
What age groups are over-represented in the suburb of Lake Albert?
The most over-represented age group in the suburb of Lake Albert compared to the Regional NSW region is the 65 - 74 group, making up 13.2% of the population.
What age groups are under-represented in the suburb of Lake Albert?
The most under-represented age group in the suburb of Lake Albert compared to the Regional NSW region is the 55 - 64 group, making up 11.4% of the population.
Are there age groups with notable population variances?
No, the age distribution in the suburb of Lake Albert is broadly in line with the Regional NSW region.
What is the percentage of children (0-14 years) in the suburb of Lake Albert?
The percentage of children aged 0-14 years in the suburb of Lake Albert is 18.2%.
What is the percentage of older people (65+ years) in the suburb of Lake Albert?
The percentage of people aged 65 and over in the suburb of Lake Albert is 25.2%.

Data & MethodBoundaries, Sources & Method for Lake Albert (NSW)

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Aug 2026 this month all 6 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Aug 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 108 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (6,291 at the 2021 Census → 6,371 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL12246). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Lake Albert (NSW) suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Lake Albert (NSW) page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Lake Albert (NSW) data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (Aug 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

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