Suburb Profile Report for Emerald QLD (4720)

Emerald House: Median price $294,500, Annual capital growth -0.85%, Number of sales 189, Weekly median advertised rent $330

Emerald Unit: Median price $145,000, Annual capital growth -5.09%, Number of sales 25, Weekly median advertised rent $235

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$294,500 $145,000
10.51% -16.91%
20.20% 18.37%
-0.85% -5.09%
$330 $235
189 25
5.83% 8.43%
93.09 58.8

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 13883
Median household income ($/weekly) 2295
Median age of persons 29
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 1309 9.4
    5-14 years 2245 16.2
    25-34 years 2523 18.2
    35-44 years 2233 16.1
    45-54 years 1872 13.5
    Others 3702 26.7
    Age Group
    Census Count Percent(%)
    Registered Married 4344 51.0
    Not Married 2883 33.8
    Defacto Relationship 1297 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 10901 85.5
    Papua New Guinea 665 5.2
    Philippines 182 1.4
    United Kingdom 226 1.8
    Other 276 2.2
    Others 497 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 0.7
    Christianity 9418 76.4
    Hinduism 78 0.6
    Islam 54 0.4
    No Religion 2646 21.5
    Others 43 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 498 14.0
    $2,000-$2,499 412 11.5
    $2,500-$2,999 746 20.9
    $3,000-$3,499 398 11.2
    $4,000 or more 270 7.6
    Others 1245 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5519 58.5
    Employed, worked part-time 1680 17.8
    Not in the labour force 1554 16.5
    Employed, away from work 487 5.2
    Unemployed, looking for work 196 2.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1000 13.0
    Technicians & trades workers 1574 20.5
    Clerical & administrative workers 1077 14.0
    Machinery operators & drivers 1311 17.1
    Labourers 766 10.0
    Others 1958 25.5
    Occupation
    Census Count Percent(%)
    Pre-school 208 6.5
    Infants/Primary 1530 47.9
    Secondary 844 26.4
    Technical or Further Educational Institution 291 9.1
    University or other Tertiary Institutions 255 8.0
    Others 69 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10430 86.2
    Semi-detached, row or terrace house, townhouse 475 3.9
    Flat, unit or apartment 973 8.0
    Caravan, cabin, houseboat 168 1.4
    Improvised home, tent, sleepers out 26 0.2
    Others 26 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 1721 42.5
    Being purchased 1693 41.8
    Fully owned 615 15.2
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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