At number 527th in the list of Australian suburbs ordered by increase in median house value over the last year, Emerald, 3782 is in the top 20% with a property value increase of 16.16% recorded in median house prices.
Comparing Emerald,3782 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Emerald, 3782. Typically our figures indicate that -3.14% is being offered, which puts this VIC suburb at 3545th most discounted overall in Australia.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
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