Emerald is in the TOP 10% in QLD when comparing median price capital growth over the last year. Emerald gave property investors a very good capital gain figure when compared to the rest of the state, with 20.20%.
A -33.82% growth in median value for property investors in Emerald,4720 puts this suburb at number 26th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Emerald are currently offering property investors an average price cut of -7.97% below the asking price at the moment.
At number 2746 in a list of fastest selling suburbs, Emerald is in the bottom 30% of suburbs in Australia with an average of days on market 93.09 for properties listed there.
Situated 648.47km from the CBD, Emerald is one of Central Highlands localities in the postcode 4720.
Emerald is in the TOP 10% in QLD when comparing median price capital growth over the last year. Emerald gave property investors a very good capital gain figure when compared to the rest of the state, with 18.37%.
Across a shorter period, Emerald, 4720 has seen a median price increase of -16.91% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Emerald is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 71th in terms of most discounted suburbs in QLD
A $235 per week rent on the median house gives suburb investors a gross yield of circa 8.43%, without taking into account capital value appreciation, which has been averaging out at -5.09%.