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AREA REPORTS

Emerald

Emerald - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3782

house

A steady increase in median property prices over a five-year period in the suburb translates to a 12.6% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $737,500

The augmented property values in the suburb are trailing above the territorial average of 7.64% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $441.

Home owners selling their properties and realtors in EMERALD usually have to wait an average of 53.4 days days before their assets are lifted off the market.

The VIC suburb ranks 304th on the list of best yielding suburbs for rental properties in VIC, posting a 3.11% return.

It also places places 309th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $737,500 N/A
GROWTH REPORT
Median Quarterly 2.57% N/A
Median 12 month 11.53% N/A
Median 3 years 12.6% N/A
Median 5 years 47.21% N/A
10 years average annual 5.87% N/A
Weekly media advert. rent $441 N/A
Time on Market 53.4 days N/A
Gross Rental Yield Percent 3.11% N/A
demographics (median values)
Total Population
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Weekly Household Income
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Household Size
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