398 Belgrave-Gembrook Road, Emerald, VIC 3782 | Property Value & History | OnTheHouse
 
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398 Belgrave-Gembrook Road
Emerald VIC 3782

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 704m2
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Property Details for 398 Belgrave-Gembrook Rd, Emerald

Building Type
Commercial
Land Size
704m2
Local Government
Cardinia
Lot/Plan
1/PS720423

Last Listing description (October 2011)

ATTENTION INVESTORS OF DEVELOPERS!
Never before have we been able to offer a property with such potential, in a fantastic location, in this price range. Located in the heart of Emerald, on over a 1/3rd acre (1670 square metres) of gently sloping land with 2 road frontages, this period style home (currently used as a solicitorsâ offices) is brimming with possibilities for further development. The opportunities for maximizing this property to its full potential are endless. You could renovate, extend, demolish, subdivide, build new offices or maybe even build new units. The future use of this property is only limited to your imagination and Council approval of your dream. Donât miss out! This top property wonât be on offer for long!

Property History for 398 Belgrave-Gembrook Rd, Emerald, VIC 3782

A timeline of how this property has performed in the market
Last Sold
$615,000
29 Jan 2020
  • 29 Jan 2020
    Sold for $615,000
  • 08 Sep 2011
    Listed for Sale OFFERS CONSIDERED OVER $345,000
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About Emerald 3782

The size of Emerald is approximately 50.4 square kilometres. It has 21 parks covering nearly 7.5% of total area. The population of Emerald in 2016 was 5778 people. By 2021 the population was 5890 showing a population growth of 1.9% in the area during that time. The predominant age group in Emerald is 50-59 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 professional occupation.In 2021, 90.40% of the homes in Emerald were owner-occupied compared with 88.40% in 2016.

Emerald has 2,477 properties. Over the last 5 years, Houses in Emerald have seen a 19.13% increase in median value, while Units have seen a 60.94% increase. As at 31 March 2026:

  • The median value for Houses in Emerald is $1,028,341 while the median value for Units is $799,760.
  • Houses have a median rent of $600.
There are currently 19 properties listed for sale, and no properties listed for rent in Emerald on OnTheHouse. According to Cotality's data, 115 properties were sold in the past 12 months in Emerald.

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