5 Helen Court, Diamond Creek$835,000
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5 Helen Court

Diamond Creek, VIC 3089, Australia
$820,000 – $850,000
919 m²

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About this property

PROJECT OVERVIEW - DEADLINE 30/06/2026 We've been given clear and simple instructions - this property must be SOLD. Don't miss out on this unbeatable value in a prime location. A premium 919sqm creek-front property in Diamond Creek with direct views over the Diamond Creek reserve. This site offers multiple development pathways and strong profit potential for builders, investors, and owner-occupiers. Located in the golden pocket of Diamond Creek, the walking trail runs directly along your backyard, Diamond Creek Plaza is a 5-minute walk, and the train station is only 7 minutes away. Ryan Reserve playground sits just 30 seconds from your front door. The area is surrounded by top-tier family amenitiesDiamond Creek Primary School is 450m, Diamond Valley College is 1km, and the Diamond Creek Community Centre is 500m from the property. In 2021, this property sold for $862,000 with no plans or permits. It now includes fully approved plans and permits for two luxury 37-square side-by -side homes, each with its own private swimming pool creating a rare and significantly enhanced development opportunity. This is the last remaining land in Helen Court, Diamond Creek with this size, creek frontage, premium location, and fully approved plans and permits. A rare development opportunity in one of the suburb's most tightly held pockets. KEY FEATURES OF THE PROPERTY Build two luxury 37-square homes, each with a private pool Located in Diamond Creek's prime golden pocket Creek-front with walking trail directly along your land 30-second walk to Ryan Reserve playground 5-minute walk to Diamond Creek Plaza 7-minute walk to Diamond Creek Train Station 450m to Diamond Creek Primary School 1km to Diamond Valley College 500m to Diamond Creek Community Centre No comparable land in the area offering this size, location, plans, and permits. Contact NUMBER ONE AGENT IN MARIBYRNONG Margaret Chadwick on 0467 236 327 or Sameer on 0404 968 664 *Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Chadwick & Co takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision

Property Details

Property Type
land
Listing Type
For Sale
Land Area
919 m²
Listed
2 months ago

Repayment calculator

$4,048/month
$2,024 /fortnight
Loan $668,000 at 6.10% over 30 years

Upfront costs

Deposit$167,000
Stamp duty$45,170
Conveyancing (est.)$2,000
Total upfront$214,170
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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 14% below the $971,500 median of 76 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

  • Amaroo Court/Broad Gully Road (bus)129 m away
  • Nillumbik Auto Electrical300 m away
  • Nillumbik Park214 m away
  • Ryans Reserve234 m away
  • Gipson Street Reserve425 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.

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Suburb market

Suburb price trend

Diamond Creek price trend

Median sold · House 3 bed

Compound growth -0.1% / yr over 4 yrs

$904kcurrent median

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Full Diamond Creek market

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Price history

Price history

Listing price changes

4 price changes recorded for this property

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