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.
VIC › Emerald › Cornish Rd
$850,000
Last sold
5 Feb 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
971.6 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
$850,000
5 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Emerald (last 5 years) with land size have a median of $412/m² of land (n=155). 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
-7.6%
Median sale
Suburb $920,000
+0.27 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
UnknownArea
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 Barry Plant EmeraldSale By Set Date: Monday 17th of February at 6pm unless sold prior
Discover the perfect blend of modern comfort and prime location in the heart of Emerald! This beautifully renovated home offers stylish living with unparalleled convenience. Nestled within walking distance to vibrant cafes, boutique shops, Library, schools, parks, sporting facilities, Emerald Lake, and public transport, this property delivers an enviable lifestyle for families, professionals and downsizers alike.
Step inside to a fresh, modern interior featuring warm, neutral tones that create a welcoming ambiance. The spacious open-plan lounge is perfect for entertaining, seamlessly connecting to the large covered alfresco area through bi-fold doors. Ideal for year-round gatherings, this space overlooks the beautifully landscaped gardens.
At the heart of the home is a sleek, contemporary kitchen, fully equipped with premium stainless-steel appliances and a stylish island bench—perfect for preparing meals and hosting guests. Toward the rear, you'll find three generously sized bedrooms, serviced by a stylish and centrally located bathroom designed for convenience and comfort. With gas ducted heating, split system heating and cooling, and square-set cornices, every detail has been thoughtfully considered.
Outside, the flat and useable 1/4-acre block (approx.) offers expansive lawn areas, perfect for children and pets, along with a workshop, one car garage and a carport for added convenience.
Set in an unbeatable location with Emerald's charming cafe culture, community amenities, and stunning natural surrounds at your doorstep, this property is a rare find that combines comfort, style, and lifestyle. Don't miss your chance to make it yours!
Listing description written by Jacqui Ryder, Barry Plant Emerald — reproduced as published, not verified by Districts.
Victoria 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.