Emerald has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.77% to date .
Emerald,4720 has offered an average of -5.77% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Emerald should be aiming for at least -13.68% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 10.25 sales per month, which equates to 123 per year.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.94%, without taking into account capital value appreciation, which has been averaging out at -2.51%.
Emerald has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 18.33% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Emerald comes in at number 358th in QLD.
Property investors should expect to get $200 weekly from the median priced house in this suburb.