Market snapshot

Suburb insights for Emerald3782

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Emerald, approximately 44 km southeast of the Melbourne CBD, is a picturesque hillside township renowned for its lush landscapes, local markets, and proximity to Emerald Lake Park and the Puffing Billy Railway. It offers a unique lifestyle with boutique cafes, artisan culture, and large homes on generous blocks. Emerald suits families, retirees, and tree-changers alike.

Sales data

Median sale price
$909k
Quarterly price change
-6.1%
Metro Melbourne Comparison
$974k
1.8%
BedroomsEmeraldMetro comparison
2-$940,000
3$865,000$851,000
4$1,025,000$970,000
InsightEmeraldMetro comparison
Clearance rate77.8%
Days on market2436

Rental data

Median weekly rent
$650
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.2%
BedroomsEmeraldMetro comparison
2-$585
3-$550
4-$600
Median data for the current quarter

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