micromarkets

Diamond Creek, VIC 3089

Property data updated July 202612,503 residents

Last 12 months snapshot

195 sales · 68 leases · Refreshed July 2026

Diamond Creek property market

Diamond Creek is a house-focused suburb — house sales lead by a wide gap, with 169 sales (up 2.4%) at around $1.102M (up 2.5%) as of July 2026, taking about 23 days to sell (up from 20 days last year), more sought-after than most house markets in Victoria, around half are 4-bedroom.

House rentals make up a much smaller share, with 52 leases at $673 a week (up), renting out in about 15 days (up from 14 days last year), more sought-after than most house rental markets in Victoria, with 3-bedroom the most common at around 60%. Rounding it out, 26 unit sales at around $794k. 16 unit rentals at $645 a week (one of Victoria's strongest unit rent gains).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Diamond Creek demographics & population

Population

12,503

Median age

39yrs

Avg household

2.9people

Male · Female

49% · 51%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Diamond Creek report

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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in Diamond Creek?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex9,495 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

2.4 people / household0.4 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity21%

Chance two random residents were born in different countries

Language diversity9%

Chance two random residents speak different languages at home

Religious diversity27%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Diamond Creek

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentBottom 49%

Median monthly mortgageBottom 43%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Diamond Creek

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeTop 37%

Median family incomeTop 31%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 2.3× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Diamond Creek

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 17%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Diamond Creek

4 schools inside Diamond Creek, plus the closest options around it. Families can choose from 114 primary schools in Diamond Creek and its surrounds, and 41 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Diamond Creek4schools in the suburb itself

Primary schools114within 5 km · nearest in suburb

Secondary schools41within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Diamond Creek · 4Order by
1
Diamond Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
2
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
3
Diamond Creek East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
4
Diamond Valley CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 146
5
Serpell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Templestowe · 4.9 km
State RankTop 1%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
6
Eltham CollegeIndependent · Combined · Co-ed · Years Prep-12 · Research · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
7
Plenty Valley Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Doreen · 4.9 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students403Multilingual50%ICSEA Rank50th
8
Catholic Ladies' College LtdCatholic · Secondary · Years 7-12 · Eltham · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
9
Eltham High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Eltham · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
10
Loyola CollegeCatholic · Secondary · Co-ed · Years 7-12 · Watsonia · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
11
Northside Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bundoora · 4.9 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students403Multilingual50%ICSEA Rank50th
12
Mernda Hills Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Mernda · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
13
Viewbank CollegeGovernment · Secondary · Co-ed · Years 7-12 · Viewbank · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
14
Donvale Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Donvale · 4.9 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students403Multilingual50%ICSEA Rank50th
15
Our Lady of Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Heidelberg · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
16
East Doncaster Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Doncaster East · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
17
North-Eastern Montessori SchoolIndependent · Primary · Co-ed · Years Prep-6 · St Helena · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
18
Eltham North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham North · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
19
Holy Trinity Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Eltham North · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
20
Greenhills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
21
Apollo Parkways Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
22
Eltham East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
23
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Eltham · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
24
Doreen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
25
St Francis Xavier Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Montmorency · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
26
Greensborough Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
27
Montmorency Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Montmorency · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
28
Mernda Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mernda · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
29
Montmorency South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Montmorency · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
30
Watsonia Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
31
Panton Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Panton Hill · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
32
St Francis of Assisi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mill Park · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
33
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mernda · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
34
St Damian's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bundoora · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
35
Viewbank Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Viewbank · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
36
St Martin of Tours SchoolCatholic · Primary · Co-ed · Years Prep-6 · Rosanna · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
37
Rosanna Golf Links Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
38
Banyule Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
39
Thomastown East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
40
Glowrey Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wollert · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
41
St Luke's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
42
Our Lady of the Way SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
43
Templestowe Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Templestowe Lower · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
44
Heidelberg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
45
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
46
Doncaster Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
47
Donburn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 4.9 km
State RankTop 50%EnglishMathsStudents403Multilingual50%ICSEA Rank50th
48
Wattle Glen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wattle Glen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
49
Yarrambat Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarrambat · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
50
St Helena Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Eltham North · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
51
Glen Katherine Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham North · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
52
St Thomas the Apostle SchoolCatholic · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
53
Diamond Valley Special Developmental SchoolGovernment · Special · Co-ed · Years U · Greensborough · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
54
Hurstbridge Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hurstbridge · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
55
Research Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Research · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
56
Morang South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Morang · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
57
Sherbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Briar Hill · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
58
Ashley Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
59
Marymede Catholic CollegeCatholic · Combined · Co-ed · Years Prep-12 · South Morang · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
60
Briar Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Briar Hill · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
61
Learning Co-Operative SchoolIndependent · Primary · Co-ed · Years Prep-5 · Cottles Bridge · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
62
Kangaroo Ground Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kangaroo Ground · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
63
Plenty River CollegeIndependent · Secondary · Co-ed · Years 10-12 · South Morang · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
64
Montmorency Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Montmorency · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
65
Plenty Parklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
66
Eltham Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
67
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Greensborough · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
68
The Lakes South Morang CollegeGovernment · Combined · Co-ed · Years Prep-12 · South Morang · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
69
Hazel Glen CollegeGovernment · Combined · Co-ed · Years Prep-12 · Doreen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
70
Greensborough Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Greensborough · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
71
Watsonia Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
72
Watsonia North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia North · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
73
Lower Plenty Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lower Plenty · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
74
Mill Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
75
St Paul the Apostle Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Doreen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
76
Mill Park Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Mill Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
77
Streeton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yallambie · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
78
Concord SchoolGovernment · Special · Co-ed · Years U · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
79
Parade CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
80
Mernda Central P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Mernda · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
81
Laurimar Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
82
Mill Park Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
83
Findon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mill Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
84
Meadowglen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
85
Mernda Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mernda · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
86
Bundoora Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
87
Bundoora Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
88
Warrandyte High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Warrandyte · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
89
Arthurs Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Arthurs Creek · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
90
Macleod CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
91
St John XXIII Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
92
Warrandyte Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Warrandyte · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
93
Mastery Schools VictoriaIndependent · Special · Co-ed · Years 4-9 · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
94
Norris Bank Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
95
Lalor North Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
96
Templestowe Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Templestowe · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
97
Lalor East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
98
Andersons Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Warrandyte · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
99
Epping Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
100
Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
101
St Monica's College - Davisson StreetCatholic · Secondary · Co-ed · Years 7-12 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
102
Lalor North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
103
Al Siraat CollegeIndependent · Combined · Co-ed · Years Prep-12 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
104
St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
105
Charles La Trobe P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod West · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
106
Lalor Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
107
Wirrigirri Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
108
St Kevin's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Templestowe Lower · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
109
Epping Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
110
Rosanna Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
111
Templestowe Valley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lower Templestowe · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
112
Northern School For AutismGovernment · Special · Co-ed · Years U · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
113
Epping Views Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
114
Kingsbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
115
Y Community SchoolIndependent · Secondary · Co-ed · Years 10-12 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
116
St Andrews Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Andrews · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
117
Templestowe CollegeGovernment · Secondary · Co-ed · Years 7-12 · Templestowe Lower · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
118
Merriang SchoolGovernment · Special · Co-ed · Years U · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
119
Wollert Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
120
Bulleen Heights SchoolGovernment · Special · Co-ed · Years U · Bulleen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
121
Peter Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 10-12 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
122
Milgate Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster East · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
123
Reservoir Views Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
124
Our Lady of the Pines SchoolCatholic · Primary · Co-ed · Years Prep-6 · Donvale · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
125
Wollert Secondary CollegeGovernment · Secondary · Co-ed · Years 7-9 · Wollert · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
126
Thomastown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
127
Maharishi School of the Age of EnlightenmentIndependent · Primary · Co-ed · Years Prep-6 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
128
Reservoir High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
129
Wonga Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wonga Park · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
130
St Clement of Rome SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bulleen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
131
St Mary of the Cross MacKillop Catholic Parish Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Epping · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
132
Christmas Hills Primary SchoolGovernment · Primary · Co-ed · Years Prep-4 · Christmas Hills · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
133
East Preston Islamic CollegeIndependent · Combined · Co-ed · Years Prep-12 · Preston · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
134
St Catherine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
135
Preston Reservoir Adult Community Education - Prace College campusIndependent · Special · Co-ed · Years 9 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
136
St Pius X SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg West · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
137
Thomastown Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
138
Reservoir East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
139
Lalor Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
140
St Gregory the Great SchoolCatholic · Primary · Co-ed · Years Prep-6 · Doncaster · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
141
St Anne's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Park Orchards · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
142
Thomastown West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
143
Preston North East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · East Preston · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
144
Doncaster Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Doncaster · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
145
William Ruthven Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
146
St Clare's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
147
William Ruthven Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
148
Marcellin CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bulleen · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
149
Doncaster Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doncaster · 4.9 km
State Rank—English—Maths—Students403Multilingual50%ICSEA Rank50th
150
Austin Hospital SchoolGovernment · Special · Heidelberg · 4.9 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Diamond Creek median house price & rent

Headline price, rent, yield and time on market for Diamond Creek — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

763kk

↑ +50.0% YoY

Days on marketⓘLast 12 months

↑ 2 days YoY

SoldⓘLast 12 months

↑ +50.0% YoY

Months of supplyⓘLast 12 months

1.6mo

Median rentⓘLast 12 months

$429/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

↑ 1 day YoY

LeasedⓘLast 12 months

↑ +0.5% YoY

Gross yieldⓘLast 12 months

2.82%

Annualised

Data confidenceSales sample37StrongLease sample9Good

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed37 sales · 9 leases

31+0.5%

$763k+50.0%

18 days−2d

12+0.5%

—

2.82%

—

Houses · 3 bed37 sales · 9 leases

31+0.5%

$763k+0.5%

18 days−2d

12+0.5%

—

2.82%

50/100

—

Houses · 4 bed37 sales · 9 leases

31+50.0%

$763k+0.5%

18 days−2d

12+0.5%

—

2.82%

50/100

—

Units · 2 bed37 sales · 9 leases

31+50.0%

$763k+50.0%

18 days−2d

12+0.5%

—

2.82%

—

Units · 3 bed37 sales · 9 leases

31+0.5%

$763k+0.5%

18 days−2d

12+0.5%

—

2.82%

—

Units · 1 bed37 sales · 9 leases

—

1/100

—

All houses

31+50.0%

$763k+50.0%

18 days−2d

12+0.5%

—

2.82%

50/100

—

All units

31+0.5%

$763k+0.5%

18 days−2d

12+0.5%

—

2.82%

50/100

—

Where each segment ranks

Diamond Creek property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

1/2above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Diamond Creek

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · Total: +50%

VIC MEDIAN · +37%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

21 / 100vs VIC

Days on market

34 days▼ −8 days YoY

Median price

$1.61M▲ +15.0% YoY

Sold (last year)

13▼ −29.5% YoY

Nearby suburb

Demand index

52 / 100vs VIC

Days on market

15 days▲ +5 days YoY

Median price

$698k▲ +5.0% YoY

Sold (last year)

14▲ +14.4% YoY

Nearby suburb

Demand index

27 / 100vs VIC

Days on market

28 days▼ −1 day YoY

Median price

$1.37M▲ +8.6% YoY

Sold (last year)

22▲ +20.1% YoY

Nearby suburb

Demand index

68 / 100vs VIC

Days on market

18 days▲ +1 day YoY

Median price

$711k▼ −0.3% YoY

Sold (last year)

78▲ +13.1% YoY

Nearby suburb

Demand index

65 / 100vs VIC

Days on market

11 days▼ −2 days YoY

Median price

$970k▲ +11.1% YoY

Sold (last year)

220.0% YoY

Diamond Creek · this suburb

Demand index

88 / 100vs VIC

Days on market

18 days▼ −2 days YoY

Median price

$763k▲ +50.0% YoY

Sold (last year)

31▲ +50.0% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Diamond Creek against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Diamond Creek in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

1 peer suburb · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

37 / 100vs Australia

Days on market

18 days▲ +1 day YoY

Median price

$711k▼ −0.3% YoY

Sold (last year)

78▲ +13.1% YoY

Gross yield

2.52%

Diamond Creek · this suburb

Demand index

50 / 100vs Australia

Days on market

18 days▼ −2 days YoY

Median price

$763k▲ +50.0% YoY

Sold (last year)

31▲ +50.0% YoY

Gross yield

2.82%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	0.9	▲ +0.9	2	31	2.6
Tight	1.6	▲ +0.1	4	31	2.6
Balanced	2.1	▲ +0.1	5	31	2.6
Balanced	2.1	▲ +1.2	5	31	2.6
Loose	6.2	▲ +5.8	16	31	2.6
Oversupply	7.1	▲ +5.8	18	31	2.6

median

Rental market

Segment	Band	Months of supply left	YoY	Listed	Leased	Per month

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Diamond Creek — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Diamond Creek median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Diamond Creek rose from $552k (Jul 2021) to $598k (Jun 2026) — +8.3% growth over five years — peaking at $954k between Jul 2021 and Jun 2022. Median house rent went from $368/wk to $439/wk (+19.3%) over the same period. For units, the median sale price rose from $497k to $536k (+7.8%), with rent up from $393/wk to $485/wk (+23.4%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$598k-31.8%

5y median $692kvs last year $877k

Total sales (trailing year)

Jun 2026

123+7.9%

5y median 115vs last year 114

Days on market (trailing year)

Jun 2026

16 days+2

5y median 17 daysvs last year 14 days

Median rent (trailing year)

Jun 2026

$439/wk+23.7%

5y median $408/wkvs last year $355/wk

Total leases (trailing year)

Jun 2026

32-31.9%

5y median 42vs last year 47

Days on market (rental) (trailing year)

Jun 2026

10 days-3

5y median 11 daysvs last year 13 days

Gross yield (trailing year)

Jun 2026

2.00%-0.35 pt

5y median 2.14%vs last year 2.35%

Months of supply

Jun 2026

1.4 months-6.1%

5y median 2.0 monthsvs last year 1.4 months

Months of supply (rental)

Jun 2026

0.9 months+42.7%

5y median 1.0 monthsvs last year 0.7 months

Nearby markets

Suburbs near Diamond Creek: prices compared

The nearest suburbs to Diamond Creek, ranked by distance — each lined up against Diamond Creek on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketDiamond CreekVIC 3089 · Houses · Total

Price$763k

DOM18 days

Sold31

5 markets within 5kmLast 12 months

Wattle GlenVIC 30961.7kmHouses · Total

YarrambatVIC 30912.1kmHouses · Total

Price$1.61M

DOM34 days

Sold13

much priciermuch slower

St HelenaVIC 30882.3kmHouses · Total

PlentyVIC 30902.7kmHouses · Total

Eltham NorthVIC 30953.1kmHouses · Total

Stat colourHow each suburb's stat compares to Diamond Creek

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Diamond Creek

Suburbs anywhere in VIC that behave like Diamond Creek — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Diamond Creek vs Flemington: the closest sales-market match trades at a median of $818k against Diamond Creek's $763k — about 7% higher, with homes selling in 20 days versus 18 days here.

Colour by

Property

Bedrooms

Market

This marketDiamond CreekVIC 3089Houses · Total

Price$763k

DOM18 days

Sold31

Most similar sales markets · within 5.1–27 kmLast 12 months

FlemingtonVIC 303117km47% match

Price$818k

DOM20 days

Sold45

GreensboroughVIC 30885km67% match

Price$635k

DOM15 days

Sold133

RowvilleVIC 317823km64% match

Price$627k

DOM14 days

Sold227

SeddonVIC 301123km61% match

Price$832k

DOM19 days

Sold53

ChelseaVIC 319627km45% match

Price$805k

DOM15 days

Sold57

Stat colourHow each suburb's stat compares to Diamond Creek

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Diamond Creek: Flemington property market, Greensborough median house price, Rowville median house price, Seddon house prices and Chelsea property market.

Diamond Creek's closest rental-market twins: Rowville property market, Chelsea property growth, Flemington property market, Greensborough median house price and Seddon house prices. Each link opens that suburb's full market report.

Market data

Frequently asked · Diamond Creek

26 data-driven answers about Diamond Creek's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Diamond Creek?

The median house price in Diamond Creek, VIC 3089 is $763k as of June 2026, based on 37 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Diamond Creek?

The median unit price in Diamond Creek, VIC 3089 is $763k as of June 2026, based on 37 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Diamond Creek?

The median weekly house rent in Diamond Creek is $429 as of June 2026, drawn from 9 leases over the past 12 months. Units rent for around $429 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Diamond Creek?

A 3 bedroom house in Diamond Creek rents for a median $429 per week as of June 2026, drawn from 9 leases over the past 12 months. Across other house sizes: 2-bedroom $429/week, 4-bedroom $429/week. Unit rents: 2-bedroom $429/week, 3-bedroom $429/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Diamond Creek?

Gross rental yield in Diamond Creek is 2.82% for houses and 2.82% for units as of June 2026, compared with the VIC unit median of 3.07%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Diamond Creek?

As of June 2026, Diamond Creek medians by bedroom count:

How much is a 3 bedroom house in Diamond Creek?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$763k	$763k	$763k	$763k
Units	—	$763k	$763k	—	$763k

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Diamond Creek median?

At the median Diamond Creek house ($763k purchase, $429/week rent), weekly mortgage repayments sit at roughly $774 — about $345 more per week than renting. That gap is the ownership premium. For the median unit ($763k purchase, $429/week rent), repayments run about $774 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Diamond Creek's property market trends?

Diamond Creek's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 18 days — faster than a year ago by 2; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Diamond Creek market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Diamond Creek as an investment?

As of June 2026 in Diamond Creek, house prices rose +50.0% over the year, gross rental yield is 2.82% against a VIC median of 3.19%, houses take a median 18 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Diamond Creek?

Houses in Diamond Creek sell in a median 18 days on market as of June 2026, with units clearing slightly similarly at 18 days. Days on market have tightened by 2 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Diamond Creek a tight or loose property market right now?

Diamond Creek's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.

Have property prices in Diamond Creek gone up or down?

House prices in Diamond Creek moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Diamond Creek?

Diamond Creek's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 12 houses leased over the past 12 months. Units sit at 1.2 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Diamond Creek in its property market cycle?

Diamond Creek's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Diamond Creek compare to other VIC suburbs?

Diamond Creek's median house price ($763k) is 31% above the VIC median ($583k) as of June 2026. On selling speed, houses clear in 18 days vs 22 days state median. On gross yield, Diamond Creek sits at 2.82% vs 3.19% state median.

How does Diamond Creek compare to neighbouring suburbs?

Diamond Creek's most-similar nearby market is Flemington (17.0 km away) with a median house price of $818k — about 7% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Diamond Creek?

The most-transacted segment in Diamond Creek over the 12 months to June 2026 is 2 bed houses with 31 sales. 3 bed houses come second at 31 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Diamond Creek last year?

Diamond Creek recorded 31 house sales and 31 unit sales over the 12 months to June 2026 — a combined 62 transactions. On the rental side, 12 houses and 12 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Diamond Creek in?

Diamond Creek is in postcode 3089, in the North East Melbourne region of VIC. Addresses there are written as Diamond Creek, VIC 3089.

What is the population of Diamond Creek?

Diamond Creek, VIC 3089 is home to 9,495 residents (ABS Census 2021). The median resident age is 21, and the average household holds 2.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Diamond Creek?

The median household in Diamond Creek earns $1k per week — roughly $66k a year (ABS Census 2021). Median personal income runs $544/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Diamond Creek?

The unemployment rate in Diamond Creek is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Diamond Creek?

Diamond Creek is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Diamond Creek?

Diamond Creek has 150 schools within reach, 4 of them inside the suburb itself — including Diamond Creek Primary School, Sacred Heart School, Diamond Creek East Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Diamond Creek a good place to live?

Diamond Creek, VIC 3089 has a population of 9,495, a median age of 21, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Diamond Creek market data last updated?

This Diamond Creek market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.