Emerald, 4720 ranked 18th in QLD when comparing growth in median property values or capital gain over the last 12 months. Emerald is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Emerald has fallen somewhat when compared to the 5 year average annual rate.
Emerald4720 is located in QLD which offers an average discount of -7.44% to property investors. Emerald itself is showing figures that indicate -7.48% is the average achievable by property buyers investing in the suburb.
Giving property investors a a stable capital gain of 3.51% for the last year, Emerald, 4720 is the 618th highest performer in Australia in this respect.
Emerald,4720 has offered an average of 3.51% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Emerald is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 28th in terms of most discounted suburbs in QLD
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Information supplied by:
January 2019
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A rural suburb of central Queensland, Emerald is around 265km west of Rockhampton and is home to around 14,500 peopleFull summary
Buyers flock to safe country town
Postcode: 4720
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.
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