38 Baker StreetEmerald QLD 4720
Property Details for 38 Baker St, Emerald
38 Baker St, Emerald is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (July 2026)
Positioned in a superbly convenient location, this solid triplex presents an outstanding investment opportunity just moments from the heart of town.Enjoy the convenience of being within walking distance to The Village shopping centre, cafes, showgrounds and Emerald CBD, while also benefiting from close proximity to Emerald Hospital - making this an attractive option for long-term tenants.The property comprises three well-maintained units, each offering two bedrooms, one bathroom, privately fenced yards and a single carport. Built to last with low-maintenance besser block and brick construction, this complex represents true durability and ease of ownership.Each unit has been tastefully updated with modern kitchens and bathrooms, complemented by practical tiled flooring throughout, ensuring minimal ongoing upkeep.This is a true set-and-forget investment delivering immediate income. Returning approx. $1,170 per week, 38 Baker offers a strong potential yield of approx. 7.2%7.3%. This a genuinely rare chance to secure a high-performing asset in a fantastic location.Opportunities like this are tightly held and rarely available, so don't miss your chance to secure this pre-market offering before it's gone.
Property History for 38 Baker St, Emerald, QLD 4720
- 14 Jul 2026Listed for Sale Offers over $800,000
- 24 Mar 2024Sold for $500,000
- 04 Jan 2021Listed for Rent - Price not available
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About Emerald 4720
The size of Emerald is approximately 844.9 square kilometres. There are 32 parks, covering nearly 12.5% of the total area. The population of Emerald in 2016 was 14356 people. By 2021 the population was 14904 showing a population growth of 3.8% in the area during that time. The predominant age group in Emerald is 0-9 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a trades occupation.In 2021, 53.40% of the homes in Emerald were owner-occupied compared with 52.20% in 2016.
Emerald has 7,792 properties. Over the last 5 years, Houses in Emerald have seen a 96.03% increase in median value, while Units have seen a 88.97% increase. As at 30 June 2026:
- The median value for Houses in Emerald is $610,867 while the median value for Units is $328,206.
- Houses have a median rent of $580 while Units have a median rent of $450.
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