Powered by MOMENTUM MEDIA
AREA REPORTS

Emerald

Suburb Profile

Emerald - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4720

house
unit

EMERALD, 4720 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling EMERALD, 4720 values up and netting property investors a capital gain of 10.34% for the past year.

Investors saw the median home price rise to $320,000.

Profits due to an upward trend in home prices in the suburb averaged 10.38% per annum over a 3-year period.

EMERALD now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in EMERALD are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In EMERALD, homes and units usually stay on listing for an average of 79.5 days.

In 2016, 183 properties were sold in EMERALD during the past year, making it the 568th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 $183,500
GROWTH REPORT
Median Quarterly 0% 32.01%
Median 12 month 10.34% 1.35%
Median 3 years 31.15% -3.42%
Median 5 years -18.16% -42.66%
10 years average annual -0.59% -2.88%
Weekly media advert. rent $350 $250
Time on Market 79.5 days 90.2 days
Gross Rental Yield Percent 5.69% 7.08%
demographics (median values)
Total Population
11577
Weekly Household Income
1679
Household Size
2.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sold sign

Housing costs drop to 10-year low

Home owners and renters are spending the lowest proportion of their income on housing in more than a decade, according to new research. ...

For rent

Where rents are going somewhere versus nowhere

New analysis by Propertyology has identified the capital cities where changing rental markets are prospering – and where they aren’t. ...

Auction

Where auction activity is busy this weekend

Upcoming auction activity is forecast to increase across the combined capital cities this weekend. What will be the busiest suburbs? ...

Kevin Young

High unemployment rate ‘undermining’ confidence for Qld investors

New figures showing Queensland has the highest unemployment rate will undermine property investment confidence in the sunshine state, accord...

Rent v buy property conundrum

Revisiting the rent v buy property conundrum

A growing number of regions are reporting rental prices that are on par with mortgage repayments, reigniting the age-old question of whether...

Setting a budget for property investment

Expert advice: Setting a budget for property investment

Property investment is one of the biggest financial commitments anyone can make. As such, aspiring investors must be equipped with the knowl...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.