Lake Albert · Suburb / Locality

Housing & Dwellings in Lake Albert

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.

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📍 Lake Albert, Suburb / Locality

Where Lake Albert sits — Median rent (weekly)

$340
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Lake Albert — higher than 69% of areas.

Median rent (weekly) compared with the state and national average
Lake Albert$340
2650, NSW $300
New South Wales $420
Australia $375

Housing costs

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.

  • 2016: $310
  • 2021: $340

Median weekly rent paid by households renting their home.

$1,625

Higher than 50% of suburb / locality areas.

  • 2016: $1,638
  • 2021: $1,625

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Lake Albert splits fairly evenly between $200–$349 (47%) and $350–$549 (45%), with Under $200 at 6%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2016: 16.1%
  • 2021: 15.6%

Share of occupied private dwellings that are rented.

41.6%

Higher than 51% of suburb / locality areas.

  • 2016: 39.5%
  • 2021: 41.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Lake Albert splits fairly evenly between Owned outright (42%) and Owned with a mortgage (38%), with Rented at 16%.

Types of homes

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.

  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

95.6%

Lower than 53% of suburb / locality areas.

  • 2016: 95.3%
  • 2021: 95.6%

Share of occupied private dwellings that are separate houses.

89.0%

Higher than 76% of suburb / locality areas.

  • 2016: 88.9%
  • 2021: 89.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lake Albert, Separate house is the majority at 96%; Flat or apartment is next at 3%.

Bedrooms per home

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In Lake Albert, the largest group is 4 bedrooms at 45%, followed by 3 bedrooms (32%) and 5 or more (13%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Lake Albert

Cite this page

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