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.
$662,500
Last sold
3 Sept 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
2,085 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$662,500
3 Sept 2019 · derived via latest_sale
Local land rate: recorded House sales in Emerald (last 5 years) with land size have a median of $414/m² of land (n=156). Districts calculation from recorded sales — not a valuation.
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.
Vs Emerald
-28.0%
Median sale
Suburb $920,000
+1.27 pp
Gross yield
Suburb 3.27%
Suburb median $920,000 from 68 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by OBrien Real Estate RingwoodAUCTION 17th AUGUST 2.30pm
Available for the first time in 25 years on a quiet, pretty, no thru road, this well built brick home with solid foundations is just a short stroll to Emerald Lake Park, Emerald Secondary College, local sports venues and a 2 minute drive to town. Set on over half an acre, this is the perfect home for families wanting more than just a house.
The sealed circular driveway takes you to an unassuming entrance with a double carport, but behind the front door is enough space for a large family. A master bedroom with ensuite is separate to the other 3 bedrooms which share a family bathroom and separate toilet, all bedrooms include built in robes.
The kitchen is central to the living area, providing an abundance of cupboard space, stone bench tops and stainless steel appliances. With 3 living areas and 2 dining/meals areas, there is enough space for everyone, and a ducted vacuum adds convenience. Ducted heating and evaporative cooling keep the home comfortable.
Outside, a large undercover entertainment area overlooks the expansive, relatively flat garden. Feed the family with an abundance of fruit from trees including apricot, mandarin, lemon, orange, olive, walnut, fig and mulberry, plenty of space for growing veggies, serviced by 2 garden sheds. This is a haven for children to explore and parents to build the likes of a garage, workshop or shed, Dependent Persons Unit or home extension (STCA). 14 x 250W solar panels with 4000W inverter assist with the power bills.
A rare opportunity to live in one of the most enviable locations in Emerald on a large block with the versatility to make this home your own.
Please note:
All properties details are correct at the time of publishing, some properties may have been sold or have gone under offer. We recommend that you confirm the open for inspections are still being conducted, by contacting the Agency or the Agents listed on the advertisement.
Listing description written by Denise McKay, OBrien Real Estate Ringwood — reproduced as published, not verified by Districts.