6 Durban Road, Emerald VIC 3782
6 Durban Road, Emerald VIC 3782
4-bed house on 2,307m² | Land-rich low-density Emerald street | Family and tree-change appeal | Space for sheds or gardening | Bushfire overlay possible
The property is positioned as a rare land-rich offering within a quiet, established part of Emerald. Its four-bedroom, two-bathroom configuration is combined with generous three-car accommodation, making it a practical fit for families who need room for vehicles, storage, or hobbies. The substantial 2,307m² block is regarded as the standout feature, providing far more outdoor space than typical suburban housing and enabling lifestyle uses such as large gardens, a pool, or additional shedding. This house is best suited to buyers seeking a semi-rural feel without losing convenient access to town services. The surrounding street character is consistent with low-density, detached family housing, reinforcing the sense of permanence and privacy. For a family or tree-change buyer wanting a lasting property with land potential, this offering is expected to hold strong appeal.
Value may be shaped by the condition and presentation of the dwelling, as details of internal finishes and recent updates are not established. The bushfire overlay that applies to parts of the street might affect insurance premiums or limit some future development, though it is a common consideration in this locality. The property’s sale price might also be influenced by the slope of the block, the extent of any outdoor improvements, and how well the layout suits modern family living. These factors should be weighed against the exceptional land size, which is likely to retain long-term value regardless of the house condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Durban Road, Emerald VIC 3782
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Emerald sits 44km southeast of Melbourne in a hillside setting, a family-oriented market where owner-occupiers dominate the buyer pool. Price signals are mixed: median house values range $855,000–$963,000, with annual growth between +1.1% and -0.4% and recent quarterly falls of -2.3%, indicating a flat-to-softening market. Houses sell in 22–56 days depending on source, with 80–114 transactions over the past year. Unit median is $560,000 with a 4.86% gross yield, outperforming house yields around 3.5–3.83%. Growth potential rests on a demand-to-supply ratio that Boomscore rates 57/100, a healthy market with scope for price appreciation. Key constraints: prices sit above the Victorian median of $827,350, and auction clearance is weak at 25%, pointing to buyer resistance and rate sensitivity at current levels.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 24 Durban Road sold about $1.1M; 4 Durban Road sold $785,000 | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, layout, presentation
Bedrooms
4
Bathroom
2
Parking
3
Land
2307m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!