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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 2.3% for the past year.

Investors saw the median home price rise to $312,000.

Profits due to an upward trend in home prices in the suburb averaged 8.27% per annum over a 3-year period.

EMERALD now ranks at the 473rd 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 83.0 days.

In 2016, 190 properties were sold in EMERALD during the past year, making it the 550th 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 $312,000 $187,500
GROWTH REPORT
Median Quarterly -1.27% 3.02%
Median 12 month 2.3% 29.31%
Median 3 years 24.8% 4.17%
Median 5 years -18.11% -39.71%
10 years average annual -0.8% -2.7%
Weekly media advert. rent $350 $250
Time on Market 83.0 days 90.2 days
Gross Rental Yield Percent 5.83% 6.93%
demographics (median values)
Total Population
11577
Weekly Household Income
1679
Household Size
2.90
demographics
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