Emerald

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 25.32% for the past year.

Investors saw the median home price rise to $495,000.

Profits due to an upward trend in home prices in the suburb averaged 15.92% per annum over a 3-year period.

EMERALD now ranks at the 205th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $575 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 33.5 days.

In 2016, 558 properties were sold in EMERALD during the past year, making it the 213th most active market in QLD based on total real estate transactions.

EMERALD ranks 178th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

EMERALD, 4720 has a capital gain of 21.35% for the past year, which is higher than average compared to its 88.92% growth within a five-year period.

EMERALD, 4720 ranks 268th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.35% for property investors last year.

With the median home price in EMERALD sitting at $311,250, and the average rent at $420, property owners could potentially earn a 7.02% increase in gross rental yield.

Property investors have seen a 5.51% gain in EMERALD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on EMERALD, 4720 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 21.35%.

A survey of average capital gains or median home price increase in suburbs across the country shows that EMERALD, 4720 obtained a 8.56% growth over a ten-year period. It ranks 177th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$495,000	$311,250
Growth Report
Median Quarterly	5.77%	5.51%
Median 12 month	25.32%	21.35%
Median 3 years	47.76%	51.83%
Median 5 years	47.76%	88.92%
10 years average annual	7%	8.56%
Weekly media advert. rent	$575	$420
Time on Market	33.5 days	49.6 days
Gross Rental Yield Percent	6.04%	7.02%

Demographics (Median Values)*

Total Population 11577

Weekly Household Income 1679

Household Size 2.90

Average Age 28

Monthly Loan Repayment 1517

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

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