VIC · 3089

Diamond Creek

Suburb profile, market snapshot and recent listings for Diamond Creek, VIC 3089.

Diamond Creek, VIC 3089

About Diamond Creek

Welcome to Diamond Creek

Diamond Creek sits about 26 kilometres north-east of the Melbourne CBD, tucked into the leafy foothills country of the Nillumbik Shire alongside Wattle Glen, Eltham North, Research and Yarrambat. It's the kind of place that trades city density for bushland outlooks and a genuine town-centre feel, built around a compact shopping strip and the creek and reserves that give the suburb its name.

With a population of around 12,503 and a median age of 39, Diamond Creek attracts a steady mix of established families, tree-change couples and long-term locals. It suits buyers after space, a slower pace and easy access to Melbourne's green wedge, without giving up the daily commute altogether.

Lifestyle & dining

Diamond Creek's town centre has the low-key, community feel typical of the Shire of Nillumbik, with cafes, bakeries and everyday retailers clustered around the main strip rather than a big shopping mall. It's a suburb where people tend to know their local coffee order, and weekends are as likely to involve a walk along the creek trails as a browse of the shops.

Neighbouring Eltham, a short drive south, adds a larger dining and cultural scene for residents wanting more variety, including its well-known arts and live-music offerings, while Diamond Creek itself keeps things simple and unhurried.

Shopping

The Diamond Creek shopping village covers most day-to-day needs, with a supermarket, specialty stores, medical services and cafes within walking distance for many residents. For bigger shopping trips, Eltham and the wider Diamond Valley area are close by, giving locals access to larger retail centres without a lengthy drive.

Getting around

Diamond Creek is served by its own railway station on the Hurstbridge line, giving direct rail access into the city and making it a realistic option for CBD commuters who don't mind a longer trip in exchange for the lifestyle trade-off. Road access runs through Diamond Creek Road and Main Hurstbridge Road, connecting through to Eltham, Greensborough and the Eastern Freeway/Metropolitan Ring Road network for those driving.

Buses link the suburb to surrounding areas including Wattle Glen and Research, though many residents rely on cars for getting around the hillier, more spread-out parts of the suburb and its rural fringes.

Schools & families

Families are well catered for locally, with Diamond Creek East Primary School and Diamond Creek Primary School both serving the suburb, and Diamond Valley College providing a secondary option nearby. The combination of local schooling, larger blocks and proximity to bushland reserves is a big part of the suburb's appeal for families looking to raise kids with more room to move than inner-suburban Melbourne allows.

Parks & recreation

True to its name, Diamond Creek and its surrounding reserves are central to the suburb's outdoor life, offering walking and cycling trails that link through to neighbouring Wattle Glen and Eltham North. The broader Nillumbik area, including the bushland around Research and Yarrambat, gives residents easy access to hiking, horse riding and nature-based recreation that's harder to come by closer to the city.

The property market

Diamond Creek's median house price currently sits at $904,000, following a recent pullback in growth of -1.2%, suggesting a market that has cooled slightly after a stronger run and may offer buyers a touch more room to negotiate than in recent years. Median rent is $650 a week, reflecting solid ongoing demand from tenants drawn to the suburb's space and lifestyle.

Houses dominate the current listings mix at 77%, with land making up 19% of what's on the market, a sign of the area's semi-rural pockets and newer subdivisions, while townhouses (3%) and apartments or units (1%) remain a small minority. That dwelling mix underlines Diamond Creek's identity as a suburb built for house-and-land living rather than higher-density development, which continues to shape both its character and its market.

Market snapshot

Diamond Creek property market

Median price ranks #1,659 of 3,797 suburbs · pricier than 56%
Bedrooms

Median sale price

$904k

House · 3 bed

Median rent

$650

per week

Gross rental yield

3.7%

annual rent ÷ sale price

Typical price range

Entry

$711k

Median

$904k

Premium

$1.23m

Days on market

20

Auction clearance

67%

Sold this year

82

Median sold price trend · House 3 bed

Compound growth -0.1% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Diamond Creek by dwelling type.

House77%
Land19%
Townhouse3%
Apartment / Unit1%

Who lives here

Demographics

ABS Census 2021 figures for Diamond Creek, VIC 3089.

Population

12,503

residents (2021)

Median age

39

years

Household income

$2,508

median, per week

Median rent

$430

per week

Median mortgage

$2,167

per month

Mortgage / income

20%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Diamond Creek

Government school catchment

Diamond Creek East Primary School

Prep-6CoEdGovernment
Visit school website →

Diamond Creek Primary School

Prep-6CoEdGovernment
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Diamond Valley College

7-12CoEdGovernment
Visit school website →

Recent results

Recently sold in Diamond Creek

$1.28m

34-36 Campbell Street

house4 bd · 2 ba · 8 car

Sold ~July 2026

$2.30m

130 Reynolds Road

house5 bd · 2 ba

Sold ~July 2026

$990k

39 Hillingdon Drive

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.07m

4 Kingsbury Court

house4 bd · 2 ba · 2 car

Sold ~July 2026

$688k

13 Rusty Gate Court

land

Sold ~July 2026

$575k

14 Serenity Place

land

Sold ~July 2026

$1.31m

46 Fraser Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$1.28m

9 Emu Court

house4 bd · 2 ba · 2 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Diamond Creek

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Compare the area

Price map around Diamond Creek

Every listing for sale near Diamond Creek, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Diamond CreekNearby suburbs

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Common questions

Diamond Creek suburb FAQ

What is the median property price in Diamond Creek?

The median house price in Diamond Creek, VIC is $904k for a 3-bedroom home. Over the past year, median sold prices have fallen about 1.2%.

How much is rent in Diamond Creek?

The median weekly rent in Diamond Creek is around $650 per week.

Is Diamond Creek a good place to live?

Diamond Creek is a suburb of Melbourne, Victoria, Australia, 23 km north-east of Melbourne's Central Business District, located within the Shire of Nillumbik local government area. Diamond Creek is an established residential suburb in VIC, with a population of around 12,503 and 3 schools in the area.

What is the population of Diamond Creek?

Diamond Creek has a population of 12,503 (ABS 2021 Census), with a median age of 39.

What schools are in Diamond Creek?

There are 3 schools in or near Diamond Creek, including Diamond Creek East Primary School, Diamond Creek Primary School and Diamond Valley College.

How long do homes take to sell in Diamond Creek?

Properties in Diamond Creek take around 20 days to sell on average, with an auction clearance rate of about 67%.

How much do you need to buy in Diamond Creek?

Entry-level properties in Diamond Creek start around $711k, while premium homes reach $1.23m.

What suburbs are near Diamond Creek?

Suburbs near Diamond Creek include Wattle Glen, Eltham North, Research, Yarrambat and Eltham.

Available now

Properties in Diamond Creek

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For Sale
$820k–$850k
land

MOTIVATED VENDOR - DEADLINE 30/06/2026

5 Helen Court, Diamond Creek VIC 3089
919 m²
Chadwick & Co Real Estate2 months ago
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For Sale
$680k–$720k
land

Build Your Dream Home in the Heart of Diamond Creek

22 Collard Drive, Diamond Creek VIC 3089
542 m²
Morrison Kleeman Estate Agents3 months ago
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For Sale
$1.45m
house

88 Collard Drive

88 Collard Drive, Diamond Creek VIC 3089
432554 m²
G.J. Gardner Homes3 months ago
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For Sale
$1.15m–$1.23m
house

Cutting-Edge Style, Premium Finishes & An Enviable Lifestyle

13 Moray Street, Diamond Creek VIC 3089
322
Jellis Craig Greensborough and Hurstbridge.1 week ago
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For Sale
$1.68m–$1.76m
house

This way home.

1/179 Aqueduct Road, Diamond Creek VIC 3089
432701 m²
Chwyla1 month ago
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For Sale
$980k–$1.05m
house

Two Dwellings, One Incredible Opportunity

22 Collins Street, Diamond Creek VIC 3089
42837 m²
Jellis Craig Greensborough and Hurstbridge.1 month ago
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NewFor Sale
Contact agent
house
StMate est. ~$860k

Effortless family living with modern updates

41 Everleigh Drive, Diamond Creek VIC 3089
312783 m²
Morrison Kleeman Estate Agents6 days ago
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For Sale
$1.1m–$1.18m
house

The Perfect Family Upgrade In The Emerald Views Estate

49 Collard Drive, Diamond Creek VIC 3089
5321114 m²
Morrison Kleeman Estate Agents1 month ago
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For Sale
$790k–$820k
house

Flexible Floorplan For 3+4 Bedroom Families

27 Bishop Avenue, Diamond Creek VIC 3089
322
Ray White Eltham1 month ago
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For Sale
$1.42m–$1.55m
house

Premier Diamond Creek Lifestyle with Poolside Entertaining

13 Luscombe Drive, Diamond Creek VIC 3089
422801 m²
Jellis Craig Greensborough and Hurstbridge.3 weeks ago
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For Sale
Kuljit Bajwa @ 0406 820 129
land
StMate est. ~$545k

A Rare Lifestyle Land Opportunity on 3,358m² Approx.

13 Alice Court, Diamond Creek VIC 3089
3358 m²
OSKO Real Estate Agency3 weeks ago
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For Sale
$1.25m
house

54 Serenity Place, Diamond Creek

54 Serenity Place, Diamond Creek VIC 3089
532958 m²
G.J. Gardner Homes1 month ago
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