Market snapshot
Suburb insights for Diggers Rest3427
Change suburbDiggers Rest is located 30 km north-west of the CBD. Diggers Rest is a large sparsely populated rural and residential district on Melbourne's north-west fringe. The area is dominated by larger familytype households with 75% of the popuation aged between 0-17 and 25-49. Residential development has focused on the Diggers Rest township area where there are a number of parks including the Diggers Rest Recreation Stan Payne and Norm Raven Reserves.
Sales data
Median sale price
$650k
Quarterly price change
-1.9%
Metro Melbourne Comparison
$916k
0.1%
Bedrooms | Diggers Rest | Metro comparison |
---|---|---|
2 | - | $902,000 |
3 | $585,000 | $807,500 |
4 | $704,000 | $950,000 |
Insight | Diggers Rest | Metro comparison |
---|---|---|
Clearance rate | 73.3% | |
Days on market | 37 | 42 |
Rental data
Median weekly rent
$500
Rental yield
4%
Metro Melbourne Comparison
$575
3.3%
Bedrooms | Diggers Rest | Metro comparison |
---|---|---|
2 | - | $560 |
3 | $450 | $550 |
4 | $548 | $595 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.