$340 —
Higher than 69% of suburb / locality areas.
- 2016: $310
- 2021: $340
Median weekly rent paid by households renting their home.
Lake Albert · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Almost 96% of homes in Lake Albert are separate houses, making it an area dominated by detached living. Residents here are far more likely to own their homes outright than people across New South Wales or Australia. This creates a housing landscape where large family homes are the norm and renting is relatively uncommon.
All suburb / locality areas, 2021. The marker is Lake Albert — higher than 69% of areas.
| Lake Albert | $340 |
|---|---|
| 2650, NSW | $300 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical monthly mortgage payment is $1,625, which is well below the New South Wales figure. Weekly rents are a little below the state and national averages, sitting at $340.
$340 —
Higher than 69% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,625 —
Higher than 50% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Lake Albert splits fairly evenly between $200–$349 (47%) and $350–$549 (45%), with Under $200 at 6%.
In Lake Albert, the largest group is $1,000–$1,799 at 47%, followed by $1,800–$2,999 (27%) and Under $1,000 (15%).
How homes are owned or rented.
Home ownership is strong here, with 41.6% of homes owned outright, a figure far above the national average. In contrast, the 15.6% of households that rent is far below the state and national proportions.
15.6% —
Lower than 53% of suburb / locality areas.
Share of occupied private dwellings that are rented.
41.6% —
Higher than 51% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Lake Albert splits fairly evenly between Owned outright (42%) and Owned with a mortgage (38%), with Rented at 16%.
Houses, townhouses, apartments and bedrooms.
Homes in Lake Albert are typically large, with 89% having three or more bedrooms, far above the national figure. This explains why there are fewer people per bedroom (0.70) compared to most other areas.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
95.6% —
Lower than 53% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
89.0% —
Higher than 76% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake Albert, Separate house is the majority at 96%; Flat or apartment is next at 3%.
In Lake Albert, the largest group is 4 bedrooms at 45%, followed by 3 bedrooms (32%) and 5 or more (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Albert [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12246/lake-albert/topic/housing-dwellings