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Real Estate Market: Is Diamond Creek VIC 3089 a Good Suburb to Buy Into?
Housing Market in Diamond Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $666 | Top 34% |
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| Premium | Premium | Premium |
Housing Supply in Diamond Creek
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 57.9 | Top 19% |
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| 0.1 | Bottom 22% | Data for Jul 2023 | ||
| 70.6 | Top 8% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 2 lots | Bottom 16% | Data for Jun 2023 | ||
| Premium | Premium | Premium | ||
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| 19 | Top 4% |
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Housing Stock Quality in Diamond Creek
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 94.4% | Bottom 26% |
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| 2.9 | Top 17% |
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| 56.2% | Top 6% | Data for Jun 2023 |
Development Restrictions in Diamond Creek
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 8.8 sq km | Top 48% | Data for Jan 2021 | ||
| 0.2 sq km | Top 29% | Data for Jun 2023 | ||
| 536 sqm per resident | Bottom 31% | Data for Jan 2021 |
Risk in Diamond Creek
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 92.6% | Top 48% |
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| 7.4% | Bottom 48% |
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| 36 | Top 38% | Data for Jun 2023 | ||
| $2,320 | Top 29% |
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| 83 | Top 21% | Data for Jun 2023 | ||
| 77 | Top 42% | Data for Jun 2023 | ||
| 19.9% | Bottom 37% |
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| 58.1% | Top 9% |
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Housing Demand in Diamond Creek
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 16100 | Top 33% |
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| 67600 | Top 47% |
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| Premium | Premium | Premium | ||
| 69500 | Top 21% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
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Unit Market in Diamond Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $481 | Top 39% |
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| Premium | Premium | Premium | ||
| 86.5% | Top 19% |
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Realtors (4)
| Headline | Place | Datetime |
|---|---|---|
| Barry Plant (Diamond Creek) | 58 Main Hurstbridge Rd | |
| Paramount Property Management (VIC) | ||
| Ray White Diamond Creek | Shop 10 67 Main Hurstbridge Rd | |
| Mason White McDougall | 60 D Main Hurstbridge Rd |
Planning Applications: Other (20)
| Headline | Place | Date |
|---|---|---|
| Use and development of land for animal husbandry (keeping and breeding up to 40 parrots) - Nillumbik Shire Council 192/2025/06P | 85 Lambert Street, Diamond Creek VIC 3089 | 01 Oct 2025 |
| Use of land for a restricted recreation facility (gym), internally illuminated business identification and promotion signs and waiver of bicycle facilities - Nillumbik Shire Council 616/2024/01P | 8/75 Main Hurstbridge Road, Diamond Creek VIC 3089 | 30 Aug 2024 |
| Amendment - Use of the land for a micro brewery, food and drink premise, manufacturing sales, sale and consumption of liquor, the removal of an easement, variation to the car parking requirements, internally illuminated business identification signage, outbuilding (shipping container) and associated buildings and works (amendment includes the verandah to the front of the building and a red line area within the road reserve) - Nillumbik Shire Council 287/2018/11AP/C | 25 Station Street, Diamond Creek VIC 3089 | 16 Dec 2023 |
| Amendment - Use of the land for a micro brewery, food and drink premise, manufacturing sales, sale and consumption of liquor, the removal of an easement, variation to the car parking requirements, internally illuminated business identification signage, outbuilding (shipping container) and associated buildings and works (amendment includes the verandah to the front of the building and a red line area within the road reserve) - Nillumbik Shire Council 287/2018/11AP/C | 25 Station Street, Diamond Creek VIC 3089 | 16 Dec 2023 |
| Boundary realignment to realign common boundary between Lots 6, 7 & 8 on PS843091S - Streamlined Planning through Electronic Applications and Referrals S221091M | 11 Oakdale Rise, Diamond Creek VIC 3089 | 02 Nov 2023 |
Planning Applications: Dwellings (37)
| Headline | Place | Date |
|---|---|---|
| Alterations and extension to an existing dwelling and construction of a second dwelling - Nillumbik Shire Council 348/2025/03P | 12 Fyffe Street, Diamond Creek VIC 3089 | 27 Aug 2025 |
| Subdivision to create four allotments and common property with each allotment to contain an existing dwelling - Streamlined Planning through Electronic Applications and Referrals S249169T | 15-17 Haley Street, Diamond Creek VIC 3089 | 25 Jun 2025 |
| Subdivision in accordance with endorsed development plans prior to construction of two of the dwellings - Streamlined Planning through Electronic Applications and Referrals S246633E | 84 Old Diamond Creek Road, Diamond Creek VIC 3089 | 10 Apr 2025 |
| Building and works to construct five (5) dwellings - Nillumbik Shire Council 753/2024/03P | 30 Waigo Way, Diamond Creek VIC 3089 | 28 Nov 2024 |
| Demolition works and buildings and works to alter and extend the existing dwelling in a Heritage Overlay - Nillumbik Shire Council 617/2024/05P | 48 Broad Gully Road, Diamond Creek VIC 3089 | 30 Oct 2024 |
Planning Applications: Industrial (2)
| Headline | Place | Date |
|---|---|---|
| Amendment - Use of the land for a micro brewery, food and drink premise, manufacturing sales, sale and consumption of liquor, the removal of an easement, variation to the car parking requirements, internally illuminated business identification signage, outbuilding (shipping container) and associated buildings and works (amendment includes the verandah to the front of the building and a red line area within the road reserve) - Nillumbik Shire Council 287/2018/11AP/C | 25 Station Street, Diamond Creek VIC 3089 | 16 Dec 2023 |
| Subdivision of existing factories into 2 separate titles with common property - Streamlined Planning through Electronic Applications and Referrals S198425V | 1/24 Elizabeth Street, Diamond Creek VIC 3089 | 27 Jul 2022 |
Median House Sale Prices by Street (49)
| Street | Date | Median sale value |
|---|---|---|
| Allendale Rd | 06 Dec 2025 | $2,773,000 |
| Aqueduct Ln | 06 Dec 2025 | $1,230,000 |
| Arrunga Cl | 06 Dec 2025 | $1,134,000 |
| Bishop Ave | 06 Dec 2025 | $855,000 |
| Broad Gully Rd | 06 Dec 2025 | $902,200 |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 68.0% | Kalmaine Ct | average turnover | Every 14.7 years (average turnover) | 2025 |
| 64.7% | Kelly St | quite tightly held | Every 15.5 years (quite tightly held) | 2025 |
| 36.4% | Risdale Cl | very tightly held | Every 27.5 years (very tightly held) | 2025 |
| 37.5% | Grey Gum Rise | very tightly held | Every 26.7 years (very tightly held) | 2025 |
| 56.7% | Anne St | quite tightly held | Every 17.6 years (quite tightly held) | 2025 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 7 Fairview Cr | $1,320,000 | 4.0 | 2.0 | 2.0 | 29 Nov 2025 | 0 | On Market |
| 13 Panorama Dr | $905,000 | 3.0 | 2.0 | 2.0 | 26 Nov 2025 | 0 | On Market |
| 82 Broad Gully Rd | $961,000 | 3.0 | 1.0 | 2.0 | 25 Nov 2025 | 0 | On Market |
| 14 Mitchell Ct | $1,060,000 | 5.0 | 2.0 | 2.0 | 25 Nov 2025 | 0 | On Market |
| 15 Challenger St | $875,000 | 3.0 | 1.0 | 2.0 | 19 Nov 2025 | 0 | On Market |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Nillumbik |
Median Unit Sale Prices by Street (11)
| Date | Median sale value | Street |
|---|---|---|
| 06 Dec 2025 | $806,700 | Botanica Ct |
| 06 Dec 2025 | $1,140,000 | Chapman St |
| 06 Dec 2025 | $848,800 | Chute St |
| 06 Dec 2025 | $1,409,000 | Collard Dr |
| 06 Dec 2025 | $798,300 | Cowin St |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 4.3% | Arrunga Cl |
| 0.0% | Allendale Rd |
| 21.0% | Amaroo Ct |
| 33.1% | Anne St |
| 0.0% | Aqueduct Ln |
Median House Rental Prices by Street (13)
| Street | Date | Median rent (per week) |
|---|---|---|
| Dering St | 06 Dec 2025 | $668 |
| Discovery Dr | 06 Dec 2025 | $890 |
| Haley St | 06 Dec 2025 | $634 |
| Harmony Dr | 06 Dec 2025 | $673 |
| Haven Ln | 06 Dec 2025 | $666 |
Businesses (99)
| Name | Address |
|---|---|
| L.P Warren Homes | 2/60 Main Hurstbridge Rd, Diamond Creek VIC 3089, Australia |
| SVL Constructions Pty Ltd | 8 Penton Ct, Diamond Creek VIC 3089, Australia |
| Muse Constructions PTY Ltd. | 39 George St, Diamond Creek VIC 3089, Australia |
| All Digs Excavating/Excavations | 25 Dering St, Diamond Creek VIC 3089, Australia |
| Goff Electrical and Security | Galatea St, Diamond Creek VIC 3089, Australia |
Accommodation Options (1)
| Name | Address |
|---|---|
| Samkay Health Residential Aged Care Services | 203, Broad Gully Rd |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 2, 31-33 Old Aqueduct Rd | $620 | 3.0 | 2.0 | 2.0 | 08 Aug 2025 |
| Unit 2, 31-33 Old Aqueduct Rd | $620 | 3.0 | 2.0 | 2.0 | 08 Aug 2025 |
| Unit 2, 31-33 Old Aqueduct Rd | $620 | 3.0 | 2.0 | 2.0 | 08 Aug 2025 |
| Unit 2, 31-33 Old Aqueduct Rd | $620 | 3.0 | 2.0 | 2.0 | 08 Aug 2025 |
| Unit 2, 31-33 Old Aqueduct Rd | $620 | 3.0 | 2.0 | 2.0 | 08 Aug 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 44 River Gum Cl | $680 | 3 | 2 | 2 | 04 Dec 2025 | 0 |
| 44 River Gum Cl | $680 | 3 | 2 | 2 | 04 Dec 2025 | 0 |
| 1 Gregg St | $550 | 3 | 1 | 1 | 02 Dec 2025 | 0 |
| 53 Hillingdon Dr | $695 | 3 | 2 | 2 | 26 Nov 2025 | 0 |
| 53 Hillingdon Dr | $695 | 3 | 2 | 2 | 26 Nov 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 12 Dering St | $780,000 | 3.0 | 2.0 | 1.0 | 31 Oct 2025 | On Market |
| Unit 2, 12 Dering St | $780,000 | 3.0 | 2.0 | 1.0 | 31 Oct 2025 | On Market |
| Unit 2, 12 Dering St | $780,000 | 3.0 | 2.0 | 1.0 | 31 Oct 2025 | On Market |
| Unit 2, 12 Dering St | $780,000 | 3.0 | 2.0 | 1.0 | 31 Oct 2025 | On Market |
| Unit 2, 12 Dering St | $780,000 | 3.0 | 2.0 | 1.0 | 31 Oct 2025 | On Market |
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