Diamond Creek at a glance
12,997
People
$1,035,000
Median sale
$573/wk
Median rent
2.88%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
VIC › Diamond Creek › Gem Ct
$860,000
Last sold
14 Apr 2018
4
Bedrooms
2
Bathrooms
2
Car spaces
647 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$860,000
14 Apr 2018 · derived via latest_sale
Local land rate: recorded House sales in Diamond Creek (last 5 years) with land size have a median of $1,393/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Diamond Creek at a glance
12,997
People
$1,035,000
Median sale
$573/wk
Median rent
2.88%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
Vs Diamond Creek
-16.9%
Median sale
Suburb $1,035,000
+0.58 pp
Gross yield
Suburb 2.88%
Suburb median $1,035,000 from 97 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Nillumbik
Nillumbik, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 648 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 648 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 648 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 648 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DEVELOPMENT PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Diamond Creek at a glance
12,997
People
$1,035,000
Median sale
$573/wk
Median rent
2.88%
Suburb gross yield
Median sale from 97 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Rata & Co RentalsOn a substantial parcel of land with breathtaking views measuring 647m2 approx, this contemporary home is within close proximity to the Diamond Creek Shopping Precinct, Diamond Valley College and
Diamond Creek Primary School, with a short distance to St. Helena Secondary College, Cafes, Diamond Creek Station and all other local amenities.
Comprising of four bedrooms with built in robes (main bedroom with walk in robe and full ensuite), study, open plan living, theatre/rumpus room, a well-appointed kitchen with 40mm Caesar Stone bench tops, 900mm stainless steel appliances, dishwasher and walk in pantry and a second bathroom with separate spa bath and shower.
Additional features include jarrah floors, solar electricity, ducted heating, evaporative cooling, roman blinds, double remote garage with internal access and a low maintenance backyard with an undercover entertaining area with decking.
An amazing home with so much to offer. Needs to be inspected to be appreciated!
Please come and see me at one of our offices below to discuss your real estate needs.
219 High Street Thomastown
767 High Street Epping
510 Plenty Road Mill Park
952-954 High Street Reservoir
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.
Listing description written by Mario Tucci, Harcourts Rata & Co Rentals — reproduced as published, not verified by Districts.