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Investment Property Diamond Creek, VIC, 3089

Suburb Snapshot

Diamond Creek is a suburb in the Nillumbik Region of Victoria. Diamond Creek has a population of 11,733 people and 9.44% of its occupants live in rental accommodation. The median listing price for houses is $1,045,000 and this has changed 10.00% over the past year and changed 11.22% over 2 years.

The median rent in Diamond Creek for houses is $615 per week and the median rental yield is 3.06%. Stock on the market for houses/townhouses has changed -6.52% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is $725,000 and this has changed 15.07% over the past year. The average unit takes 30 days to sell and the median rent for a unit in Diamond Creek is NA per week, producing a rental yield of NA.

Supply & Demand in Diamond Creek, Nillumbik

0.24%

Current vacancy rate


11

Rental stock available


11,733

Population


9.44%

Rental population


0.37%

Current vacancy rate


115

Rental stock available


61,276

Population


8.98%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Diamond Creek, Nillumbik

  House Townhouses Units
Median listing price $1,045,000 NA $725,000
Median price change - last quarter 4.50% NA -3.34%
Median price change - 1 year 10.00% NA 15.07%
Median price change - 2 years 11.22% NA NA
  House Townhouses Units
Median weekly rent $615 $595 NA
Median yield % 3.06% NA NA
Median rent change - 1 year 11.81% -2.46% NA
  House Units
Previous month sales 11 3
Stock on market previous month 43 7
Stock variance vs. last year -6.52% 250.00%
Average days on market 46 30

Diamond Creek investment property listings

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