Emerald is a mid-sized suburb in Victoria within the Cardinia local government area (postcode 3782). With a population of 5,890, the suburb has an established demographic with a median age of 43. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Emerald is $903,000, having increased 4.9% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Emerald is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 3 rail stations, 23 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Emerald offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($903K/$875K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +4.9% year-on-year.
Emerald is a mid-sized suburb in Victoria within the Cardinia local government area (postcode 3782). With a population of 5,890, the suburb has an established demographic with a median age of 43. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Emerald is $903,000, having increased 4.9% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Emerald is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1049, which is around the national average of 1,000. Public transport access includes 3 rail stations, 23 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Emerald offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($903K/$875K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +4.9% year-on-year.