EMERALD 3782
State: VICPosiProp AI Investment Summary
EMERALD (VIC 3782) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Down -0.8%, with a median house buy price of $960,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$851,000
$890,500
$1,075,000
$960,000
Suburb Market Profile
Last month Emerald had 4 properties available for rent and 16 properties for sale. Median property prices over the last year range from $960,000 for houses to $605,000 for units. If you are looking for an investment property, consider houses in Emerald rent out for $695 PW with an annual rental yield of 3.3% and units rent for $525 PW with a rental yield of 4.5%. Emerald has seen an annual compound growth rate of -0.8% for houses and 8.0% for units.