Emerald is a well-established suburb in Queensland within the Central Highlands (Qld) local government area (postcode 4720). With a population of 14,904, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $115K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Emerald is $375,000, having grown strongly 7.1% over the past year. Units have a median price of $235,000 (+14.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,647.
Emerald is served by 10 schools, including 5 primary, 2 secondary, 2 combined, 1 special. The average ICSEA score is 959, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Central Highlands (Qld) LGA is moderate at 6,392 incidents per 100,000 population.
From an investment perspective, Emerald offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($375K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +7.1% year-on-year.
Emerald is a well-established suburb in Queensland within the Central Highlands (Qld) local government area (postcode 4720). With a population of 14,904, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $115K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, machinery operators & drivers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Emerald is $375,000, having grown strongly 7.1% over the past year. Units have a median price of $235,000 (+14.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,647.
Emerald is served by 10 schools, including 5 primary, 2 secondary, 2 combined, 1 special. The average ICSEA score is 959, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Central Highlands (Qld) LGA is moderate at 6,392 incidents per 100,000 population.
From an investment perspective, Emerald offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($375K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 3.3x is considered affordable. House prices have moved +7.1% year-on-year.