With a capital gain of 12.62% for the last 12 months, Emerald, 3782 has performed for property investments than its average annual 6.18% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Emerald comes in at number 319th in VIC.
Vendor discounting in Emerald is giving property investors an average Vendor Discount of around -3.99%. This puts suburb at number 459th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $415 mark per week – giving a return of 3.72% based on the median price in Suburb
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