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10A & 10B Kelly Street, Diamond Creek$340,000

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10A & 10B Kelly Street

Diamond Creek, VIC 3089, Australia

$330,000 – $350,000

486 m²

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Listing description

About this property

Positioned in a sought-after pocket of central Diamond Creek, these exceptional parcels offer not just one, but two titles of land a rare opportunity with endless potential. Set within walking distance to Diamond Creek Plaza, train station, schools, shops, and local amenities, the location is second to none. Whether you're an astute developer ready to capitalise on the strong demand for quality housing, or someone dreaming of designing and building a bespoke family residence (STCA), these blocks ticks all the boxes. Concept plans available for two modern dwellings. Don't miss this chance to secure a unique holding in one of Diamond Creek's most convenient positions. The choice is yours develop, invest, or create your dream home (STCA). 10A 256m2 $350,000 10B 230m2 $330,000

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 486 m²
Listed: 3 months ago

Repayment calculator

$1,648/month

$824 /fortnight

Loan $272,000 at 6.10% over 30 years

Upfront costs

Deposit$68,000

Stamp duty$15,470

Conveyancing (est.)$2,000

Total upfront$85,470

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Diamond Creek

This land in Diamond Creek, VIC 3089 sits within reach of public transport, local shops and nearby schools. It is listed 65% below the $971,500 median of 73 comparable landswithin 5 km.

Schools near Diamond Creek

Diamond Creek East Primary Schoolprimary · Prep-6 · CoEd
Diamond Creek Primary Schoolprimary · Prep-6 · CoEd
Diamond Valley Collegesecondary · 7-12 · CoEd

What's nearby

Main Hurstbridge Road/Phipps Crescent (bus) — 220 m away
Dzine Hair Studio — 555 m away
Phipps Crescent Reserve — 165 m away
Jessamber Court Reserve — 382 m away
The Parkway Reserve — 394 m away

Diamond Creek at a glance

Full suburb profile

Population: 12,503
Median age: 39
Household income: $2,508/wk
Median rent: $430/wk
Median mortgage: $2,167/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Diamond Creek is a mature outer-north suburb experiencing gradual infill residential development and town centre renewal initiatives. The broader Eltham Valley region sees steady residential subdivision activity with supporting infrastructure upgrades, particularly around education and transport corridors. Development pressure remains moderate compared to inner-ring suburbs, reflecting the area's semi-rural character and established community.

Nearby projects

Closest

0 km

Diamond Creek town centre mixed-use renewal

Distance from this property is exact (rings = km). Direction is illustrative.

Diamond Creek town centre mixed-use renewal

0 km

Mixed-useProposed

Small-scale mixed-use development around Diamond Creek train station with retail, services and residential components to support town centre revitalisation.

0 m

Residential infill subdivision - Mountain Highway corridor

0.5 km

Residential subdivisionApproved

Staged residential subdivision on Mountain Highway and surrounding streets typical of outer growth corridor development.

500 m

Eltham High School expansion

2 km

InfrastructureUnder construction

Education infrastructure expansion supporting growing student enrolments across the Eltham Valley area.

2.0 km

Eltham North residential estates

2.5 km

Residential subdivisionApproved

New residential estates in Eltham North providing medium-density housing in established greenfield pockets.

2.5 km

Whittlesea transport corridor improvements

4 km

InfrastructureProposed

Regional transport and intersection improvements along major arterials serving Diamond Creek and surrounding areas.

4.0 km

Source: StMate AI — VIC development trends06/05/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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