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38 Baker Street, Emerald$800,000
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38 Baker Street

Emerald, QLD 4720, Australia
$800,000
6 bed 3 bath 3 car809 m²

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About this property

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 Details

Property Type
land
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Parking
3
Land Area
809 m²
Listed
1 week ago

Repayment calculator

$3,878/month
$1,939 /fortnight
Loan $640,000 at 6.10% over 30 years

Upfront costs

Deposit$160,000
Stamp duty$29,025
Conveyancing (est.)$2,000
Total upfront$191,025
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Emerald

This 6-bedroom land in Emerald, QLD 4720 sits within reach of local shops and nearby schools. It is listed 64% above the $489,000 median of 63 comparable landswithin 5 km.

Schools near Emerald

  • Capricornia (Emerald Campus) School of Distance Educationcombined · Prep-12 · CoEd
  • Emerald Christian Collegecombined · Prep-12 · CoEd
  • Denison State Schoolprimary · Prep-6 · CoEd
  • Emerald North State Schoolprimary · Prep-6 · CoEd
  • Emerald State Schoolprimary · Prep-6 · CoEd
  • St Brigid's Catholic Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Brown & Hurley3.1 km away
  • Emerald Botanical Gardens2.2 km away
  • Weemah Park2.7 km away
  • Unnamed2.8 km away

Emerald at a glance

Full suburb profile
Population
14,904
Median age
32
Household income
$2,202/wk
Median rent
$300/wk
Median mortgage
$1,647/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Emerald price trend

Median sold · House 4 bed

Compound growth +11.4% / yr over 4 yrs

$578kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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