77 Park Avenue, Emerald QLD 4720
77 Park Avenue, Emerald QLD 4720
3 bed 2 bath 2 car | 635 m² fenced block | leased to Jan 2027 at $570/week | school catchment position | double lock-up garage
This house offers a practical and low-maintenance layout that suits both families and investors. The three bedrooms all include built-in robes, the master has its own ensuite, and the open-plan kitchen and dining area connects to a separate lounge, giving the floor plan a clear separation between living zones. Split-system air-conditioning throughout, a covered outdoor entertaining area, and a fully fenced yard with established gardens make it move-in ready. The double lock-up garage with internal access adds everyday convenience that many nearby houses lack. Positioned within walking distance of Emerald State High School and Emerald North School, it sits comfortably within the mainstream family housing stock of the suburb, but the two-car garage and two-bathroom configuration give it an edge over older or more basic homes in the area. This property is best suited to an investor seeking stable rental income with a tenant already secured, or a family wanting a solid, functional home near schools without premium extras.
The current tenancy at $570 per week runs until January 2027, which provides income certainty but also means a buyer intending to occupy the house may need to wait out the lease. The property’s value may be shaped by its configuration rather than any standout architectural feature, as no pool, large shed, or high-end finishes are present. The fenced 635 m² block offers usable outdoor space, but the lack of verified aspect or building age means the condition and presentation should be confirmed through inspection. The rental return appears healthy relative to similar houses in the area, which may support the asking position, though the absence of recent renovation or premium land attributes might cap upside compared to higher-spec alternatives.
|| Comparable Sales: 7 Park Avenue sold for $515,000; 58 Park Avenue sold for $415,000 | Property Price Band: $500,000–$600,000 | Value Drivers: two-bathroom layout, double garage, existing lease income, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 77 Park Avenue, Emerald QLD 4720
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Emerald, Queensland, is a regional centre with 14,904 residents and a young skew, the dominant cohort under 10. Houses have climbed to a median of $501,000, with annual growth of 19.4 per cent, while units rose 27.3 per cent to $324,500. Sales volume is strong at 563 houses in 12 months, and homes sell in about 16 days, reflecting tight supply. Rental yields of 5.7 per cent for houses and 7.3 per cent for units, alongside weekly rents of $580 and $430, are drawing investors seeking income and capital growth. Demand is underpinned by Queensland’s infrastructure pipeline and 2032 Olympics confidence, plus affordability relative to southern capitals. The main constraint is low inventory, which keeps competition sharp and limits entry options for buyers.
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PropCred Estimated Value
Comparable Sales: 7 Park Avenue sold for $515,000; 58 Park Avenue sold for $415,000 | Property Price Band: $500,000–$600,000 | Value Drivers: two-bathroom layout, double garage, existing lease income, school proximity
Bedrooms
3
Bathroom
2
Parking
2
Land
635m²
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