Emerald is the service capital of Queensland's Central Highlands, a modern regional city driven by the Bowen Basin coal mines, irrigation agriculture, and a growing government services sector. Its central location, strong wages from the mining sector, excellent community infrastructure including a modern hospital and CQUniversity campus, and recently upgraded shopping precinct attract families seeking quality regional lifestyle with income to match. Investor demand continues to rise with coal price strength. At the current $460k median house price, an 80% loan at 6.25% over 30 years is about $2,266 per month.
| Median house price | $460,000 |
|---|---|
| Median unit price | $295,000 |
| Estimated monthly repayment | $2,266 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 12.8% |
| Gross rental yield | 7.2% |
| Typical days on market | 16 |
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