Diamond Creek (VIC 3089): property prices & suburb profile

Nillumbik LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Diamond Creek · VIC 3089 · typical house price · 12 months to 2025-Q4
$1,070,000+98.2%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (152 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,070,000
152 sales over 4 quarters
Typical unit price
$788,000
12 months to 2025-Q4, 40 sales
Sales in the last year
192
houses + units
SEIFA advantage decile
10 of 10
Diamond Creek
Schools in the suburb
4
ACARA registered

Diamond Creek property prices

The typical Diamond Creek house sold for around $1,070,000 in the year to 2025-Q4, +98.2% over 10 years and +45.2% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
-0.5%
+9.0%
+45.2%
+98.2%
Units
-4.3%
+21.5%
+31.4%
+77.9%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
556k723k891k1.06M1.23M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$513,000$444,000
2014$550,000$475,000
2015$580,000$500,000
2016$646,500$585,000
2017$755,000$594,500
2018$782,500$601,000
2019$750,500$670,000
2020$797,500$650,000
2021$1,000,000$730,500
2022$994,500$732,500
2023$983,500$790,000
July 2023$852,500
Oct 2023$747,500
2024$1,090,000$860,000
Apr 2024$1,060,000$810,000
July 2024$1,168,000$840,000
Oct 2024$1,026,000$810,000
2025$1,025,000$750,500
Apr 2025$1,065,000
July 2025$1,130,000$773,100
Oct 2025$1,060,000$805,000
  • Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Diamond Creek medians by quarter

The most recent quarter on record for Diamond Creek is 2025-Q4.

Diamond Creek medians by quarter
2025-Q4Unit$805k9
2025-Q4House$1.06M41
2025-Q3Unit$773k10
2025-Q3House$1.13M36
2025-Q2House$1.06M42
2025-Q1Unit$751k8
2025-Q1House$1.02M33
2024-Q4Unit$810k13
2024-Q4House$1.03M37
2024-Q3Unit$840k10
2024-Q3House$1.17M
2024-Q2Unit$810k
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Diamond Creek

Diamond Creek has a median age of 39 and a median household income of $2,508 a week.

Population (Diamond Creek)
12,503
Median age (Diamond Creek)
39 years
Median household income (Diamond Creek)
$2,508/wk
People per square kilometre
701
Average taxable income (postcode, 2023)
$84,220
SEIFA advantage decile (Diamond Creek)
10 of 10
Addresses in the suburb (G-NAF)
6,034
Rooftop solar installs, 12 months (postcode)
93
How Diamond Creek homes are held
Owned outright
35.3% · 1,469
Owned with a mortgage
53.0% · 2,202
Rented
10.0% · 414
Diamond Creek homes by bedroom count
1 bedroom or studio
0.8% · 32
2 bedrooms
6.1% · 252
3 bedrooms
41.1% · 1,697
4 bedrooms
41.8% · 1,725
5 or more
10.3% · 425
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
10 of 10
Economic resources (IER)from household income, wealth and housing costs
10 of 10
Education and occupation (IEO)from qualifications and skilled work
9 of 10
  • Figures labelled Diamond Creek are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Wattle Glen - Diamond Creek" and postcode 3089 both extend beyond Diamond Creek.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Schools in Diamond Creek

The 4 schools in Diamond Creek sit at the 74th percentile nationally on ACARA's socio-educational index.

Schools located in Diamond Creek
Diamond Creek East Primary SchoolGovernmentPrimary1,066
Diamond Creek Primary SchoolGovernmentPrimary1,065
Diamond Valley CollegeGovernmentSecondary1,020
Sacred Heart SchoolCatholicPrimary1,080
Median school percentile nationally · ICSEA score
Diamond Creek · 4 schools
74th · 1066
Nillumbik LGA
78th · 1075
Melbourne North
68th · 1050
VIC
60th · 1030
Australia
51st · 1008
  • ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
  • Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
  • Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.

Suburbs near Diamond Creek

Diamond Creek's typical house price of $1,070,000 is the 19th highest of the 51 Melbourne North suburbs we cover.

All Melbourne North suburb research

Diamond Creek: common questions

How much does a house cost in Diamond Creek?
About $1,070,000 across the 12 months to 2025-Q4, from 152 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
Have Diamond Creek prices gone up?
Prices have risen 98.2% over 10 years and moved +45.2% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
What do units cost in Diamond Creek?
The typical unit price was around $788,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 40 sales.
Can I see Diamond Creek prices street by street?
Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Which schools are in Diamond Creek?
Diamond Creek has 4 ACARA-registered schools: Diamond Creek East Primary School, Diamond Creek Primary School, Diamond Valley College, Sacred Heart School.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.