1/17-19 Gladstone Street, Emerald QLD 4720
1/17-19 Gladstone Street, Emerald QLD 4720
3-bedroom unit in quiet cul-de-sac | 5.7% rental yield | 462m² block | 200m from Denison State School
This property offers a rare combination of a freestanding unit on a full 462m² block with four parking spaces, which is competitively positioned for both first-home buyers and investors in Emerald. The recent internal updates, split-system air conditioning, and proximity to Denison State School reduce immediate maintenance concerns and strengthen appeal to families. With a rental yield of 5.7% and suburb growth of 35.9%, it serves buyers seeking immediate rental income with capital growth potential in a younger demographic area.
The primary risk is the single bathroom, which may limit appeal for larger families or future resale. However, the quiet cul-de-sac position, no detected flood or bushfire overlays, and NBN availability support long-term holding. The estimated value of $357,000 suggests the asking price is slightly above market, but the strong rental demand and low average days on market of 13 days indicate a competitive buying environment where negotiation room is limited.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/17-19 Gladstone Street, Emerald QLD 4720
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✓
Emerald QLD 4720
Emerald is a high-growth regional centre, with house prices surging 19.4% over the past year to a $501,000 median. Demand is driven by investors attracted to strong rental yields of 5.7% for houses and 7.3% for units, alongside relative affordability compared to major capitals. The market is tight, with houses selling in just 16 days on average. Future growth is underpinned by Queensland’s broader infrastructure investment, though low inventory presents a key constraint for buyers.