1/17 Alfred Grove

Emerald VIC 3782

The size of Emerald is approximately 50.4 square kilometres. It has 21 parks covering nearly 7.5% of total area. The population of Emerald in 2011 was 5,812 people. By 2016 the population was 5,787 showing a population decline of 0.4% in the area during that time. The predominant age group in Emerald is 40-49 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a trades occupation. In 2011, 87.9% of the homes in Emerald were owner-occupied compared with 88.4% in 2016.

Emerald has 2,466 properties. Over the last 5 years, Houses in Emerald have seen a 33.89% increase in median value, while Units have seen a 24.15% increase. As at 31 October 2024:

• The median value for Houses in Emerald is $981,033 while the median value for Units is $597,598.
• Houses have a median rent of $650.