Giving property investors a a stable capital gain of 7.78% for the last year, Emerald, 3782 is the 1401th highest performer in Australia in this respect.
Emerald,3782 was ranked 943 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 -6.04. This rate of discount on properties puts Suburb at number 289th in terms of most discounted suburbs in VIC
At number 1721 in a list of fastest selling suburbs, Emerald is just in the top half of suburbs in Australia with an average of days on market 76.88 for properties listed there.
The VIC suburb of Emerald, 3782 is in the Cardinia local government area.
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