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Back 13 Norfolk Avenue
Off Market

13 Norfolk Avenue

Lake Albert NSW 2650

5
3
2
0 m²
929.5 m²
House
Last sold for $730,000
Gill DaviesGill Davies, last sold this property on 28 October 2025 after 56 days on market.

Overview

Exceptional Dual-Income Investment with Endless Potential

Positioned in the highly sought-after suburb of Lake Albert, this property presents an extraordinary investment opportunity with immediate returns and scope to further enhance value. Offering a main residence plus a self-contained studio apartment, investors will appreciate the strong holding income and future growth potential in one of Wagga's most desirable locations. - The property includes a four-bedroom family home plus a fully self-contained one-bedroom studio apartment, ideal for generating dual rental income or providing flexibility for extended family - The main residence features four bedrooms, including a master with walk-in robe and ensuite - Built-in robes to additional bedrooms provide ample storage - The updated bathroom with separate toilet ensures convenience - The studio apartment includes a generous open-plan layout with kitchenette, bathroom, and built-in cupboard - The main home offers a neat, updated kitchen complete with electric cooking, dishwasher, and excellent storage - Generous interiors include a front lounge room, dining space, and family living area with slow combustion wood fire -An undercover alfresco area with built-in BBQ overlooks the low-maintenance yard - Additional highlights include a single lock-up garage, single carport, garden shed, and inground swimming pool (requiring attention but offering excellent future potential) - Wall-mounted air conditioning and a slow-combustion wood fire provide year-round comfort Leasing Details: - Current rent (main home): $550 per week - Current rent (studio): $310 per week - Potential rent: Main home: $580 – $630 per week, Studio: $330 – $360 per week With a combined potential rental return of up to $990 per week, this property represents an outstanding dual-income investment in a blue-chip suburb. With strong rental yields, future refurbishment potential, and an unbeatable Lake Albert location, this property is a must-see for investors seeking secure returns and long-term growth. Council Rates: $2,409.96 per annum Disclaimer: In preparing this advertisement, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility or liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should rely on their own enquiries to verify the information contained in this advertisement.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
929.5 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Lake Albert over the last 12 months, the estimated median property value of 13 Norfolk Avenue is $1.36m.

Median value
$1.36m
Estimated value range
$730k - $2.1m
Median days on market
59
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Albert. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 13 Norfolk Avenue

2025
Sold
$730,000
Private Sale/Treaty on 28 Oct 2025 by Gill Davies, of Macarthur Real Estate
2022
Rented
Undisclosed
Leased on 16 Mar 2022 by Macarthur Real Estate
2015
Sold
Undisclosed
Private Sale/Treaty on 15 Jul 2015 by Holly Newbigging, of H & D Real Estate

Happy sellers in Lake Albert

93%
93% of sellers in Lake Albert reported that their sale price either exceeded or met their price expectations.

Lake Albert stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Lake Albert over the last 12 months.

Local market activity for 5 bedroom houses in Lake Albert

In the last 12 months, 10 five-bedroom houses similar to 13 Norfolk Avenue, have been sold.

This represents a 22% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lake Albert

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Harry Mangelsdorf

Sellers who recommend Harry Mangelsdorf have praised them for being clear communication, local expert, friendly, well-prepared, easy to work with, stress-free process and pleasant

  •   5   (105 reviews)
  •  8 Reviews in Lake Albert
  •  8 Sales in Lake Albert
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Gill Davies

Sellers who recommend Gill Davies have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and stress-free process

  •   5   (205 reviews)
  •  8 Reviews in Lake Albert
  •  5 Sales in Lake Albert
View profile
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Mark Macarthur

Mark Macarthur is a recommended agent for Lake Albert.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (79 reviews)
  •  4 Reviews in Lake Albert
  •  3 Sales in Lake Albert
View profile
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Mel Vidler

Mel Vidler is a recommended agent for Lake Albert.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (178 reviews)
  •  2 Reviews in Lake Albert
  •  3 Sales in Lake Albert
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