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
$1.1mil
Quarterly price change
-1.1%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsEmeraldMetro comparison
2-$950,000
3$867,500$872,000
4$1,070,000$990,000
InsightEmeraldMetro comparison
Clearance rate68.8%
Days on market2642

Rental data

Median weekly rent
$650
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.1%
BedroomsEmeraldMetro comparison
2-$600
3-$560
4-$600
Median data for the current quarter
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