Market snapshot
Suburb insights for Diamond Creek3089
Change suburbDiamond Creek is located 23 km north-east of the CBD. Diamond Creek is a large suburb located on Melbourne's north-east fringe. The area's residential population is concentrated along Hurstbridge and Broad Gully Rds while the north and west of the area are predominantly rural and rural-residential in character. The area is predominantly comprised of family type population with almost three-quarters of the population aged between 0-17 and 25-49. Diamond Creek also featuresNillumbik Park and the Diamond Creek Reserve.
Sales data
Median sale price
$1mil
Quarterly price change
-6.8%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Diamond Creek | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $900,000 | $807,000 |
| 4 | $1,210,000 | $950,000 |
| Insight | Diamond Creek | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 23 | 43 |
Rental data
Median weekly rent
$605
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Diamond Creek | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $580 | $550 |
| 4 | $750 | $600 |
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