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Emerald suburb profile

Emerald is a vibrant rural town in Queensland's Central Highlands, known for its rich agricultural and mining industries. Situated approximately 270km west of Rockhampton, it serves as a key service hub for the surrounding region. The town is renowned for its picturesque landscapes, including the nearby Fairbairn Dam and Lake Maraboon, which offer recreational opportunities such as fishing and boating. Emerald boasts a welcoming community atmosphere, with a range of amenities including schools, shopping centers, and healthcare facilities. Its blend of country charm and modern conveniences makes Emerald an appealing destination for families and professionals alike.

Emerald property market performance

Current median dwelling price$458,750Past 3 months

Property growth+23.9%Past 12 months

Emerald's property market has experienced significant growth over the past 12 months, with house values increasing by 20.4% and unit values rising by 25.4%. The current median house price stands at $560,000, while the median unit price is $305,950, indicating strong demand across both property types.

Sales activity has been robust, with 83 houses and 18 units sold in the past 12 months. Houses are selling quickly, with a median of just 15 days on the market, compared to 28 days for units, suggesting a brisk pace in the housing sector.

The rental market in Emerald has also seen notable increases, with average rents for houses rising by 7.4% and units by 7.5% over the last 12 months, reflecting a healthy demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$595K$323K
Change in value
Past 12 months
19.8%28.0%
Sold
Past 3 months
9018
Median days on market
Past 12 months
1525
Average rent
Past 12 months
$580$433
Change in rent
Past 12 months
6.4%8.3%

5 year median price trend for houses and units

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Emerald demographics

Emerald, located in the Central Highlands region of Queensland, is a thriving rural town known for its rich agricultural and mining industries. With a population of 14,904, Emerald offers a blend of country charm and modern conveniences, making it an attractive place for families and professionals alike. The median age of 32 reflects a youthful and dynamic community, with many young families and professionals drawn to the opportunities in the region.

The suburb's family-oriented nature is evident, with 50.1% of households being couple families with children, and 34.9% being couple families without children. This highlights Emerald's appeal to both growing families and those seeking a quieter lifestyle. The presence of one-parent families at 13.8% and other families at 1.2% adds to the diversity of the community.

Housing in Emerald is varied, with 16.9% of properties owned outright, 38.4% owned with a mortgage, and 44.7% rented. This mix of ownership and rental options caters to a range of preferences, from those looking to settle down permanently to those seeking temporary accommodation. The median total household income of $2,202 per week indicates a relatively prosperous community, supported by the robust local economy.

Emerald's strategic location and strong economic base make it a key regional hub, offering residents a balanced lifestyle with access to essential services, education, and recreational facilities. Its combination of economic opportunities, family-friendly environment, and community spirit make Emerald a desirable place to live and work in Queensland.

Suburbs near Emerald

Some popular suburbs near Emerald include:

  • Capella: Known for its agricultural roots and community spirit, Capella is located to the north of Emerald.
  • Clermont: A historic town with a rich mining heritage, Clermont lies to the northwest of Emerald.
  • Middlemount: Primarily a mining town with a strong community focus, Middlemount is situated to the northeast of Emerald.
  • Dysart: Known for its mining industry and family-friendly atmosphere, Dysart is located to the east of Emerald.
  • Moranbah: A vibrant mining town with modern amenities, Moranbah is situated to the east of Emerald.

How does Emerald compare to nearby suburbs?

  • Median house prices: Emerald’s median house price is 85.9% higher than Clermont’s.
  • House price growth: Over the past 12 months, house prices in Emerald have grown 7.9% higher than in Capella.
  • Unit price growth: Over the past 12 months, unit prices in Emerald have grown 12.7% higher than in Clermont.
  • Selling speed for houses: Properties in Emerald are selling 78.3% faster than in Capella.
  • Selling speed for units: Properties in Emerald are selling 79.2% faster than in Moranbah.

Choose the right real estate agents in Emerald

There are 26 real estate agents in Emerald, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 67.9% of all sales in the past year.

Commission rates in Emerald typically range from 2.75% to 3.13%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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