Over the last year, property investments in Emerald, 4720 have given investors a capital gain of 22.00%. This compares very favourably with the 2.10% for QLD as a whole.
Emerald,4720 has offered an average of 22.00% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Emerald is giving property investors an average Vendor Discount of around -9.73%. This puts suburb at number 200th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 15.08 sales per month, which equates to 181 per year.
With a capital gain of 1.75% for the last 12 months, Emerald, 4720 has performed for property investments than its average annual -5.91% property growth over the last 5 years.
Over the longer term, Emerald has seen property prices show investors a -29.27% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Emerald 4720 should be seeing an average reduction in asking price of around -11.06% . This means that Emerald is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $220 mark per week – giving a return of 7.89% based on the median price in Suburb
A rural suburb of central Queensland, Emerald is around 265km west of Rockhampton and is home to around 14,500 peopleFull summary
Information supplied by:
Buyers flock to safe country town
Median unit price: $145,000
Three-year growth: 31.3%
Rental yield: 8.4%
A rural suburb of central Queensland, Emerald is around 265km west of Rockhampton and is home to around 14,500 people. A traditional country town in every sense of the word, this is the type of neighbourhood where residents can keep their doors unlocked.
Locals enjoy activities such as fishing at Lake Maraboon, visiting the gem fields, enjoying the modern sporting and recreation venues. For families there are several good schooling options, too.
Landlords who are seeking affordable investments may consider this type of market, particularly as almost 45% of local residents are tenants, ensuring a steady stream of potential applicants for your rental home. Flats and apartments comprise just 8% of local dwelling stock, with freestanding houses the more popular style with local families.Close