2. VIC
  3. Nillumbik

Diamond Creek VIC 3089

Houses Units

Here you can find what you need to know about Diamond Creek, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1M Median Sale Price (National Average $485k) 209th In VIC
10.26% Median Sale Price Change (1yr) (National Average 4.30%) 51st In VIC
$630pw Median Rent (National Average $395) 175th In VIC
3.1% Median Gross Yield (National Average 4.24%) 383rd In VIC
Properties sold 152
Average discounting -6.60%
Average Days on Market 46
Stock on Market 103 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Diamond Creek, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Diamond Creek, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Diamond Creek, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Diamond Creek


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Diamond Creek, VIC 3089

Part of: Nillumbik Council No data available

The size of Diamond Creek is approximately 17.9 square kilometres. It has 31 parks covering nearly 6.2% of total area. The population of Diamond Creek in 2011 was 11,504 people. By 2016 the population was 11,727 showing a population growth of 1.9% in the area during that time. The predominant age group in Diamond Creek is 50-59 years. Households in Diamond Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Diamond Creek work in a professional occupation. In 2011, 87.7% of the homes in Diamond Creek were owner-occupied compared with 87.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Diamond Creek

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Diamond Creek   for Houses in last 12 months


There have been 152 Houses sold in Diamond Creek in the past 12 months with a median sale price of $1M, up 10.3% annually. It takes on average 27 days to sell with vendor discounting of -6.6%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Eltham VIC, 3095 5.93% $1,250,000 $670pw 2.8% View Suburb Profile
Diamond Valley QLD, 4553 Unavailable $1,227,500 Unavailable Unavailable View Suburb Profile
Hurstbridge VIC, 3099 1.52% $920,300 $550pw 3.1% View Suburb Profile
Greensborough VIC, 3088 7.14% $1,028,500 $590pw 3.0% View Suburb Profile
Doreen VIC, 3754 3.09% $750,000 $540pw 3.7% View Suburb Profile
Kurralta Park SA, 5037 12.76% $866,000 $650pw 3.9% View Suburb Profile

Currency

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