Over the last year, property investments in Diamond Creek, 3089 have given investors a capital gain of 12.99%. This compares averagely with the 11.11% for VIC as a whole.
Across a shorter period, Diamond Creek, 3089 has seen a median price increase of 3.20% over the last quarter.
Vendor discounting in Diamond Creek is giving property investors an average Vendor Discount of around -3.64%. This puts suburb at number 499th in VIC when ranking the most discounted suburbs.
In the last year 145 properties changed hands in Diamond Creek, which puts it as the 168th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Diamond Creek, 3089 ranked 74th in VIC when comparing growth in median property values or capital gain over the last 12 months. Diamond Creek is one of 2098 in our list for VIC
A 31.03% growth in median value for property investors in Diamond Creek,3089 puts this suburb at number 166th in terms of best performing suburbs in VIC
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.20%, without taking into account capital value appreciation, which has been averaging out at 5.92%.