At number 3492th in the list of Australian suburbs ordered by increase in median house value over the last year, Emerald, 4720 is in the BOTTOM 20% with a property value increase of -4.00% recorded in median house prices.
While Emerald,4720 ranked number 457th in QLD for increase in median house value (annualised) increase, it is ranked 751th over the last 5 years.
Sellers are offering property buyers an average discount of -11.17% to buyers in Emerald at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of -3.34%, investors should hope to achieve an overall return of 6.07%
Property value increases in Emerald have tracked lower than the QLD average of 0.29% over the last 12 months.
Advertised rents are around the $205 mark per week – giving a return of 8.70% based on the median price in Suburb