With a capital gain of -7.59% for the last 12 months, Emerald, 3782 has performed for property investments than its average annual 6.56% property growth over the last 5 years.
Comparing Emerald,3782 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Emerald is $657500, with sellers offering an average of -8.34% off the asking price.
Emerald is 323th on a list of best yielding suburbs for rents in VIC with a 3.48% return
Information supplied by:
Harcourts Essential Real Estate
Emerald is a town offering semi rural lifestyle situated approx 44km from the c.b.d. The population as of 2011 census was 5.800. The main attraction is puffing billy and emerald lake, the annual puffing billy great train race occurs every 12 months.
Excellent lifestyle , numerous parks and attractions, emerald lake park.
Most sought-after properties:
Contemporary homes mixed with character cottages and timber homes
Most common properties:
Quaint timber cottages
Parks, gardens gymnasium, cafes and retailshops.
Local industry and business:
Primarily tourist and retail businesses
New police station being built, gemco players hall.
Emerald Monbulk road, lakeside drive, emerald lake road
Public transport: buses
Main arteries: Wellington rd with direct access to eastlink and monash freeway