If you compare the increase in value of investment property in Diamond Creek, 3089 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.98%.
The five-year average increase in median property values for Diamond Creek,3089 has given property investors a potential capital gain of 52.75% across each of those five years.
At number 553th of VIC’s most discounted properties, Diamond Creek is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Diamond Creek have been waiting around 35.88 days to sell a property.
With the median price for a house in Diamond Creek being $737000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.18%
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 21.77%
Diamond Creek,3089 was ranked 40 in Australia by increase in median property value over the quarter.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.