Emerald vs Mount Mercer
Property investment comparison - Emerald, VIC 3782 vs Mount Mercer, VIC 3352
Head-to-head across core investment metrics: Emerald wins 1, Mount Mercer wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Emerald | Mount Mercer |
|---|---|---|
| Median house price | $980K | $980K |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.39% | 2.57% |
| Gross rental yield (units) | 3.97% | - |
| 1-year house growth | +2.0% | - |
| 3-year house growth | +7.0% | - |
| Vacancy rate | 1.9% | 1.6% |
| Population | 5,890 | 94 |
Emerald vs Mount Mercer: what the numbers say
Houses cost about the same in both suburbs: the median house price is $980K in Emerald and $980K in Mount Mercer.
On cash flow, Emerald leads: houses there return a gross rental yield of 3.39%, compared with 2.57% in Mount Mercer, a gap of 0.82 percentage points.
Rental vacancy is 1.6% in Mount Mercer and 1.9% in Emerald, so landlords in Mount Mercer face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Emerald is the bigger suburb, with a population of 5,890 against 94, roughly 63 times the size of Mount Mercer; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Emerald for rental income, Mount Mercer for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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