With a capital gain of -6.89% for the last 12 months, Emerald, 4720 has performed for property investments than its average annual -2.18% property growth over the last 5 years.
Emerald,4720 has offered an average of -6.89% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Emerald, 4720. Typically our figures indicate that -14.20% is being offered, which puts this QLD suburb at 71th most discounted overall in Australia.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.82%, without taking into account capital value appreciation, which has been averaging out at -2.18%.
Investment property in Emerald has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.29%
Our latest figures would indicate that property sellers in Emerald are currently offering property investors an average price cut of -15.10% below the asking price at the moment.
Residents and property investors in Emerald have been waiting around 125.36 days to sell a property.
The QLD suburb of Emerald, 4720 is in the Central Highlands local government area.