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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 $1,000,000 and this has changed 5.26% over the past year and changed 8.10% over 2 years.

The median rent in Diamond Creek for houses is $615 per week and the median rental yield is 3.19%. Stock on the market for houses/townhouses has changed 21.05% compared to last year and the average time to sell a house/townhouse is 49 days.The median listing price for units is $750,000 and this has changed 19.04% over the past year. The average unit takes 42 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

0.28%

Current vacancy rate


13

Rental stock available


11,733

Population


9.44%

Rental population


0.34%

Current vacancy rate


106

Rental stock available


61,276

Population


8.98%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,000,000 NA $750,000
Median price change - last quarter 4.50% NA -3.34%
Median price change - 1 year 5.26% NA 19.04%
Median price change - 2 years 8.10% NA NA
  House Townhouses Units
Median weekly rent $615 $650 NA
Median yield % 3.19% NA NA
Median rent change - 1 year 11.81% 9.24% NA
  House Units
Previous month sales 11 2
Stock on market previous month 46 4
Stock variance vs. last year 21.05% 33.33%
Average days on market 49 42

Diamond Creek investment property listings

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