VIC has seen average median house prices change by 11.00% which means that Emerald, 3782 has done well for property investors by showing a capital gain of 13.07% over the last year
The five-year average increase in median property values for Emerald,3782 has given property investors a potential capital gain of 49.38% across each of those five years.
The most recent median price for Emerald is $599000, with sellers offering an average of -3.21% off the asking price.
At number 30 in a list of fastest selling suburbs, Emerald is in the TOP 10% of suburbs in Australia with an average of days on market 21.87 for properties listed there.
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