Over the last year, property investments in Diamond Creek, 3089 have given investors a capital gain of 14.63%. This compares favourably with the 8.62% for VIC as a whole.
If we look at median property appreciation over just the last three months, Diamond Creek has given property investors a paper return of 1.88%. This puts Suburb as 259 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Diamond Creek 3089 should be seeing an average reduction in asking price of around -3.59% . This means that Diamond Creek is holding prices well when compared to other suburbs in VIC.
In the last year 121 properties changed hands in Diamond Creek, which puts it as the 183th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $24440 per annum or $470 every week.
Investment property in Diamond Creek has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.36%
While Diamond Creek,3089 ranked number 273th in VIC for increase in median house value (annualised) increase, it is ranked 144th over the last 5 years.