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Emu, VIC 3475
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$435,000
Median Unit
$200,000
list-price estimate
Gross Yield (houses)
2.6%
1yr Growth
-
Investment snapshot for Emu
Emu has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Emu market and investor summary
Emu (VIC 3475) runs a median house price of $435K, with houses yielding a gross 2.6%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Emu: people, income and schools
Emu is home to around 37 people, a number that has held fairly steady over five years. The median age is 62, an older, established demographic, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $40,000 a year, or roughly $780 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to a steep 10.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 37
- +4% over 5yr
- Median age
- 62 years
- Median household income
- $40,000/yr
- Households renting
- 6%
- Family households
- 66%
- Socio-economic rank
- 1/10
- ABS advantage index
- Unemployment
- 5.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Emu
View all →Frequently asked questions about Emu
What should I check before investing in Emu?
Emu has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Emu?
The median property price in Emu, VIC 3475 is $435K for houses.
What rental yield does Emu show?
The gross rental yield in Emu is 2.6% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Emu?
Emu has a population of approximately 37 residents, with a median age of 62.
Is Emu affordable to buy in?
A median house in Emu costs about 10.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Emu's population growing?
The population of Emu has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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