Emerald
Suburb profile, market snapshot and recent listings for Emerald, VIC 3782.
About Emerald
Welcome to Emerald
Emerald sits high in the Dandenong Ranges, around 50 kilometres east of Melbourne's CBD, where cool-climate gardens and tall mountain ash give the town a distinctly hills character. It's the kind of place people move to for a change of pace, trading commuter convenience for cleaner air, bigger blocks and a genuine sense of community.
With a population of just under 5,900 and a median age of 43, Emerald has long appealed to families and tree-changers alike, alongside retirees drawn to its quieter rhythm. Surrounded by Avonsleigh, Cockatoo, Mount Burnett, Gembrook and Clematis, it functions as a modest hub for the upper Dandenongs — small enough to feel close-knit, but with enough going on to sustain a proper main street.
Lifestyle & dining
Life in Emerald revolves around its village-style centre, where cafes and local eateries cater to weekend visitors and residents alike. The pace here is unhurried, and much of the appeal lies outside the shopfronts altogether — in the surrounding forest, the crisp hills air and the sense of distance from suburban Melbourne despite being a manageable drive away.
The famous Puffing Billy steam railway threads through the area, giving Emerald a tourist drawcard that locals tend to enjoy on their own terms, whether that's a lakeside walk at Emerald Lake Park or simply having visitors pass through on a sunny Sunday.
Shopping
Emerald's shopping strip covers everyday needs well, with a supermarket, bakery, pharmacy and a scattering of specialty and gift stores typical of a hills township. For bigger shopping trips, residents typically head to larger centres further down the range or towards Ferntree Gully and beyond, but for day-to-day errands the local strip does the job without any fuss.
Getting around
Emerald is car-dependent living at its core — there's no train line into town, with the Puffing Billy tourist railway serving heritage runs rather than commuter needs. Most residents drive to Belgrave or further afield to connect with Melbourne's rail network, or make the longer drive directly into the city via the Burwood Highway corridor.
Local roads wind through forested terrain connecting Emerald to neighbouring Cockatoo, Avonsleigh and Gembrook, and while this adds character to the commute, it also means a car is close to essential for work, school runs and shopping.
Schools & families
Families are well catered for locally, with Emerald Primary School and Emerald Secondary College providing a straightforward public schooling pathway within the town itself. The Dandenong Ranges Steiner School adds an alternative education option in the area, drawing families specifically for its philosophy from across the wider hills region. This spread of options, combined with the space and slower pace of hills life, is a large part of Emerald's appeal to young families.
Parks & recreation
Emerald Lake Park is the standout local reserve, offering walking trails, picnic areas and the lake itself as a focal point for weekends. Beyond the park, the broader Dandenong Ranges provide extensive bushwalking and nature-based recreation on Emerald's doorstep, appealing to residents who value being surrounded by forest rather than footpaths.
The property market
Emerald's median house price currently sits at $1.02 million, though the market has softened recently with house prices down 4.1% over the latest period. Listings are dominated by houses, which make up 76% of current stock, with land parcels accounting for 22% and apartments or units a marginal 2% — reflecting the suburb's low-density, block-based character rather than any unit development.
That dwelling mix suits Emerald's buyer profile: those after a house on a decent-sized parcel of hills land, or vacant land to build on, rather than higher-density options. The recent price pull-back may present an opening for buyers who've had Emerald on their radar, though it's worth watching whether the softer conditions are a short-term correction or part of a broader trend across the Dandenong Ranges market.
Market snapshot
Emerald property market
Median sale price
$1.02m
House · 4 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$860k
Median
$1.02m
Premium
$1.95m
Days on market
20
Auction clearance
0%
Sold this year
41
Median sold price trend · House 4 bed
Compound growth -1.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Emerald by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Emerald, VIC 3782.
Population
5,890
residents (2021)
Median age
43
years
Household income
$2,119
median, per week
Median rent
$400
per week
Median mortgage
$2,000
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Emerald
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Emerald
$1.98m
6 Paternoster Road
Sold ~July 2026
$810k
8 Durban Road
Sold ~July 2026
$815k
15 Emerald Lake Road
Sold ~July 2026
$1.24m
12 Bayview Road
Sold ~July 2026
$936k
6 Doery Street
Sold ~July 2026
$1.28m
67 Ferres Road
Sold ~July 2026
$657k
8 Paradise Grove
Sold ~July 2026
$1.34m
67 Beaconsfield-Emerald Road
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Emerald
Compare the area
Price map around Emerald
Every listing for sale near Emerald, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Emerald suburb FAQ
What is the median property price in Emerald?
The median house price in Emerald, VIC is $1.02m for a 4-bedroom home. Over the past year, median sold prices have fallen about 4.1%.
Is Emerald a good place to live?
Emerald is an established residential suburb in VIC, with a population of around 5,890 and 3 schools in the area.
What is the population of Emerald?
Emerald has a population of 5,890 (ABS 2021 Census), with a median age of 43.
What schools are in Emerald?
There are 3 schools in or near Emerald, including Dandenong Ranges Steiner School, Emerald Primary School and Emerald Secondary College.
How long do homes take to sell in Emerald?
Properties in Emerald take around 20 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Emerald?
Entry-level properties in Emerald start around $860k, while premium homes reach $1.95m.
What suburbs are near Emerald?
Suburbs near Emerald include Avonsleigh, Cockatoo, Mount Burnett, Gembrook and Clematis.
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