Emu Park

POSTAL CODE: QLD, 4710

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $722,500.

The upward trend in home prices in EMU PARK, 4710 averaged 10.53% per annum over a 3-year period.

Average weekly rents on listings have reached the $590 mark, reflecting a 4.25% increase in returns based on the current median price in EMU PARK.

An average of 4.5 real estate transactions take place per month in EMU PARK which translates to 54 per annum.

54 properties were sold in EMU PARK in 2016, making it the 229th most active market in QLD based on total real estate transactions.

EMU PARK, 4710 places 269th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$722,500	N/A
Growth Report
Median Quarterly	5.47%	N/A
Median 12 month	8%	N/A
Median 3 years	31.6%	N/A
Median 5 years	112.5%	N/A
10 years average annual	7.96%	N/A
Weekly media advert. rent	$590	N/A
Time on Market	63.4 days	N/A
Gross Rental Yield Percent	4.25%	N/A

Demographics (Median Values)*

Total Population 1991

Weekly Household Income 686.4

Household Size 2.30

Average Age 46

Monthly Loan Repayment 1121

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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