Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $400,000 | 0.0% | $154,000 | $752,510 | 119 |
| 2010 | $455,000 | +12.1% | $255,000 | $900,000 | 106 |
| 2011 | $450,000 | -1.1% | $305,000 | $1,040,000 | 96 |
| 2012 | $420,000 | -7.1% | $272,500 | $1,850,000 | 92 |
| 2013 | $495,000 | +15.2% | $290,000 | $1,400,000 | 113 |
| 2014 | $530,000 | +6.6% | $290,000 | $982,000 | 92 |
| 2015 | $550,000 | +3.6% | $325,000 | $1,030,000 | 110 |
| 2016 | $600,000 | +8.3% | $138,000 | $1,085,000 | 102 |
| 2017 | $690,000 | +13.0% | $337,200 | $1,500,000 | 95 |
| 2018 | $770,000 | +10.4% | $360,000 | $1,840,000 | 79 |
| 2019 | $705,000 | -9.2% | $335,000 | $1,300,000 | 85 |
| 2020 | $740,000 | +4.7% | $500,000 | $1,280,000 | 74 |
| 2021 | $921,000 | +19.7% | $520,000 | $1,900,000 | 107 |
| 2022 | $1,025,000 | +10.1% | $625,000 | $1,850,000 | 85 |
| 2023 | $900,000 | -13.9% | $600,000 | $1,870,000 | 75 |
| 2024 | $950,000 | +5.3% | $695,000 | $1,965,000 | 11 |
Median Sale Price
$930K
Based on 64 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-7.5%
Current Median Price: $930,000
Previous Median Price: $1,000,000
Based on 146 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $275 | $750 | 47 |
| 2012 | $350 | -2.9% | $160 | $1,907 | 50 |
| 2013 | $370 | +5.4% | $300 | $600 | 43 |
| 2014 | $380 | +2.6% | $240 | $1,050 | 33 |
| 2015 | $450 | +15.6% | $220 | $1,734 | 41 |
| 2016 | $420 | -7.1% | $200 | $650 | 62 |
| 2017 | $400 | -5.0% | $230 | $950 | 39 |
| 2018 | $470 | +14.9% | $230 | $2,000 | 44 |
| 2019 | $490 | +4.1% | $380 | $660 | 26 |
| 2020 | $440 | -11.4% | $330 | $610 | 21 |
| 2021 | $550 | +20.0% | $450 | $750 | 20 |
| 2022 | $530 | -3.8% | $470 | $700 | 22 |
| 2023 | $600 | +11.7% | $400 | $890 | 15 |
| 2024 | $690 | +13.0% | $550 | $1,050 | 9 |
Median Rent Price
$690
per week
Based on 20 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+23.2%
Current Median Rent: $690
Previous Median Rent: $530
Based on 35 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $930,000
Current Median rent: $690
Based on 84 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Emerald
Houses sold in Last 12 months ends 20 Apr 2024
$935K
Median Sale Price
100%
Clearance Rate
7/7
Sold/Reported
$1.14M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M (Median Price Range) | 6 | |
Similar Suburbs to Emerald 3782
Based on median house sale price sold in last 12 months
Schools closest to Emerald, VIC 3782
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Emerald Primary SchoolTop 100 | HEROES AVENUEEmerald 3782 | Primary | Government | 0.24 km |
| Kallista Primary School | 72 MONBULK ROADKallista 3791 | Primary | Government | 1.91 km |
| Emerald Secondary College | 425 BELGRAVE-GEMBROOK RDEmerald 3782 | Secondary | Government | 1.92 km |