Emerald, 3782 ranked 445th in VIC when comparing growth in median property values or capital gain over the last 12 months. Emerald is one of 2098 in our list for VIC
Emerald,3782 was ranked 1138 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Emerald is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 227th in terms of most discounted suburbs in VIC
Residents and property investors in Emerald have been waiting around 64.27 days to sell a property.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 5.40%, investors should hope to achieve an overall return of 4.22%
Emerald is a town offering semi rural lifestyle situated approx 44km from the c.b.d. The population as of 2011 census was 5.800. The main attraction is puffing billy and emerald lake, the annual puffing billy great train race occurs every 12 months.Full summary
Information supplied by:
Harcourts Essential Real Estate
Emerald is a town offering semi rural lifestyle situated approx 44km from the c.b.d. The population as of 2011 census was 5.800. The main attraction is puffing billy and emerald lake, the annual puffing billy great train race occurs every 12 months.
Excellent lifestyle , numerous parks and attractions, emerald lake park.
Most sought-after properties:
Contemporary homes mixed with character cottages and timber homes
Most common properties:
Quaint timber cottages
Parks, gardens gymnasium, cafes and retailshops.
Local industry and business:
Primarily tourist and retail businesses
New police station being built, gemco players hall.
Emerald Monbulk road, lakeside drive, emerald lake road
Public transport: buses
Main arteries: Wellington rd with direct access to eastlink and monash freeway