Investment property in Emerald has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.60%
Taking the average capital gain, or increase in median house value, Emerald,4720 has racked up an average of -1.60% over the period. This ranks it number 4109th in the whole country for real estate investors looking at median house price increases.
Emerald, 4720 is offering QLD ‘s 75th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
At number 2331 in a list of fastest selling suburbs, Emerald is in the bottom 40% of suburbs in Australia with an average of days on market 88.53 for properties listed there.
Emerald is 81th on a list of best yielding suburbs for rents in QLD with a 5.92% return
QLD has seen average median house prices change by 0.74% which means that Emerald, 4720 has done well for property investors by showing a capital gain of -26.92% over the last year
Property investors looking for a bargain in Emerald should be aiming for at least -11.97% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Emerald, 4720 is in the Central Highlands local government area.