DIAMOND CREEK
With a housing landscape characterized by established valuations, Diamond Creek presents a unique case study in local market dynamics. The suburb currently holds a median house price of $1.02m. The area has demonstrated a consistent trajectory, recording a 28% uplift over a five-year window. This data suggests a sustained demand cycle, often driven by infrastructure improvements or shifting buyer preferences.
Lifestyle Profile
Leafy and open, the visual appeal of Diamond Creek lies in its low-density layout. It avoids the claustrophobia of the inner-city, offering residents a sense of space and sky.
At a community level, Diamond Creek is defined by family activity. Weekends see the local parks filled with junior sports, and the demographic is heavily skewed towards households with school-aged children.
Lifestyle amenities are practical and abundant. The suburb is typically anchored by a major shopping center or high street that covers all daily needs, from supermarkets to medical centers.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. This places Diamond Creek in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Eltham North Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
From a data perspective, Diamond Creek stands out for 'Education Efficiency'. With a Price/ICSEA ratio of $13,453 per point, the suburb offers a statistically attractive entry point for parents prioritizing education relative to property cost.
Market Outlook
Data indicates a robust performance, with 28.2% growth over 5 years. This suggests the area has been 'discovered' by the broader market.
Quick FAQ about Diamond Creek:
- Is Diamond Creek expensive? With a median price of $1.02m, it is considered a established market, often attracting buyers seeking classic living standards.
- What are the schools like? The catchment for Eltham North Primary School is a major driver of local demand.
Primary Schools
Eltham North Primary School
Greenhills Primary School
Apollo Parkways Primary School
Research Primary School
Glen Katherine Primary School
Diamond Creek Primary School
LocalHurstbridge Primary School
Diamond Creek East Primary School
LocalWattle Glen Primary School
Yarrambat Primary School
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.