$430 ▲ +30.3%
Higher than 87% of suburb / locality areas.
- 2011: $330
- 2016: $370
- 2021: $430
Median weekly rent paid by households renting their home.
Diamond Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A huge majority of residents in Diamond Creek live in large, detached houses, with 92.5% of homes having three or more bedrooms. This creates a housing market where both rents and mortgages are notably higher than in most other areas. It is a place dominated by home ownership rather than renting.
All suburb / locality areas, 2021. The marker is Diamond Creek — higher than 87% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,167, which is much higher than most areas and a little above the Victorian figure. Renters also pay more than usual, with the typical weekly rent of $430 sitting a little above the national figure.
$430 ▲ +30.3%
Higher than 87% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,167 ▲ +11.1%
Higher than 80% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Diamond Creek, $350–$549 is the majority at 55%; $550–$749 is next at 19%.
In Diamond Creek, the largest group is $1,800–$2,999 at 41%, followed by $3,000 or more (24%) and $1,000–$1,799 (21%).
How homes are owned or rented.
Home ownership is very common here, with 35.3% of homes owned outright, well above the national rate. Meanwhile, the share of households renting is far below both the state and national figures at just 10.0%.
10.0% ▼ -0.1%
Lower than 74% of suburb / locality areas.
Share of occupied private dwellings that are rented.
35.3% ▲ +10.5%
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Diamond Creek, Owned with a mortgage is the majority at 53%; Owned outright is next at 35%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 94.3% of the market, far above the state and national figures. This preference for larger homes is clear, as 41.5% of dwellings have four bedrooms and 10.2% have five or more.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
94.3% ▼ -0.6%
Lower than 58% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
92.5% ▲ +1.1%
Higher than 84% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Diamond Creek, Separate house is the majority at 94%; Townhouse / semi-detached is next at 5%.
Diamond Creek splits fairly evenly between 4 bedrooms (42%) and 3 bedrooms (41%), with 5 or more at 10%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Diamond Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20752/diamond-creek/topic/housing-dwellings