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VIC › Emerald › Stewart Rd

171a Stewart Rd, Emerald VIC 3782

For saleHouse for Sale

$1,590,000–$1,690,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

6

Car spaces

22,257.71 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,590,000–$1,690,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,590,000–$1,690,000(Listing record · 24 Apr 2026)
  • FactLand 22,258 m²; no building size recorded.(Property record)
  • CalculationAsk is 73% above the Emerald median recorded sale ($920,000, n=68, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Emerald's advertised median rent ($578/wk), implied gross yield would be 1.89% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,590,000–$1,690,000

Asking range · $71/m² of land

No recorded sale for this property.

Emerald at a glance

5,844

People

$920,000

Median sale

$578/wk

Median rent

3.27%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Emerald report →

Vs Emerald

+72.8%

Median sale

Suburb $920,000

-1.38 pp

Gross yield

Suburb 3.27%

Suburb median $920,000 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,590,000
Stamp Duty (Victoria)
$87,450
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,684,764

$94,764 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Emerald's advertised median rent — not a rent for this listing.

Net yield
0.39%
Annual cashflow (pre-tax)
$-76,474
Interest cover (DSCR)
0.08
Annual rent
$30,056
Operating expenses
$23,850
Loan amount
$1,272,000
Annual interest
$82,680
Gross yield
1.89%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,590,000–$1,690,000available24 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $578/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Emerald in one glance

Emerald at a glance

5,844

People

$920,000

Median sale

$578/wk

Median rent

3.27%

Suburb gross yield

Median sale from 68 recorded sales (last 12 months) — a Districts calculation.

See the full Emerald report →

Keep researching

  • Why Emerald? Read the area thesis →
  • What else is on the market in Emerald →
  • Other records on Stewart Rd →

Listing material

Listed by First National Real Estate Ranges

Dual Living on 5.5 Serene Acres with Pool, Shed & Studio

Set across 5.5 picturesque acres, this beautifully updated early-1900s residence offers a rare opportunity to enjoy space, privacy and timeless character, all while embracing the ease of modern living. From the moment you arrive, the sense of calm is immediate — tucked behind an electric gate and framed by established gardens, this property feels like your own private retreat.

The grounds have been thoughtfully designed to cater to both relaxed family living and entertaining. A tranquil dam adds to the natural charm, while the solar-heated saltwater pool becomes the centrepiece in the warmer months. Expansive shedding and a separate powered studio provide endless flexibility — whether you’re running a business from home, need additional storage, or want a creative space to escape to.

Inside, the home retains all the warmth and character you’d expect from its era. High ceilings, polished timber floors, original leadlight windows and inviting fireplaces create a welcoming atmosphere that feels both cosy and refined. These classic features are complemented by modern upgrades, including renovated bathrooms, quality Westinghouse appliances, ducted heating and evaporative cooling — ensuring comfort and practicality all year round.

Read the full description

The wide rear verandah is a true highlight, offering the perfect place to unwind while taking in the peaceful outlook across the property. It’s a space made for slow mornings, long lunches, and evenings spent watching the sunset.

Adding further value and versatility is the fully self-contained second dwelling. Ideal for extended family, guest accommodation, or even potential rental income (STCA), it offers two bedrooms, its own living spaces and amenities, allowing for independence while still being connected to the main home.

Whether it’s kids having the freedom to explore, hosting family and friends, or simply enjoying the quiet beauty of country living, this is a property that delivers on lifestyle in every sense — offering space, comfort, and a place to truly call home.

Contact Caiti Ellis on 0493 136 937 to view this character-filled property today.

Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information.

Photos may include virtual staging.

Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Listing description written by Caiti Ellis, First National Real Estate Ranges — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • In-Ground Pool
  • Shed
  • Toilets: 3
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.