Giving property investors a a poor capital gain of -5.88% for the last year, Emerald, 4720 is the 3721th highest performer in Australia in this respect.
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.
LACK OF BUYER INTEREST may well be the reason that Emerald is offering property investors an average of -6.76. This rate of discount on properties puts Suburb at number 109th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $290 and the average annual increase in value of a median property of -3.32%, investors should hope to achieve an overall return of 6.28%
If you compare the increase in value of investment property in Emerald, 4720 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -23.94%.
At number 5th of QLD’s most discounted properties, Emerald is in the bottom 10% of the state/territory when listing in order of most discounted to least.