Emerald Hill is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 137, the suburb has an established demographic with a median age of 39. Households earn a median income of $89K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Emerald Hill is $950,000, having dropped significantly 68% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,686.
Public transport access includes 4 rail stations, 7 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Emerald Hill offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -68.0% year-on-year.
Emerald Hill is a quiet locality in New South Wales within the Gunnedah local government area (postcode 2380). With a population of 137, the suburb has an established demographic with a median age of 39. Households earn a median income of $89K per year, with an average household size of 2.5 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Emerald Hill is $950,000, having dropped significantly 68% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,686.
Public transport access includes 4 rail stations, 7 bus stops. The crime rate in the Gunnedah LGA is moderate at 6,720 incidents per 100,000 population.
From an investment perspective, Emerald Hill offers a gross rental yield of 2.7%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.7x is considered stretched. House prices have moved -68.0% year-on-year.