FOR SALE
ESR: $1,800,000 - $1,950,000

18 Dering Street
Diamond Creek VIC 3089

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2355m2
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Exceptional Development Opportunity in Diamond Creek - Approved Permits Issued

Unlock the potential of this cleared 2,355m² (approx.). block, ideally located just 3 minutes from the vibrant heart of Diamond Creek. This site is primed for development, featuring plans for six bespoke townhouses, designed to meet the demands of today’s market.
This is a rare opportunity where everything has been meticulously prepared for you. All necessary approvals are in place, allowing for a hassle-free transition to construction. Detailed architectural designs are ready to go, ensuring modern living spaces that cater to diverse lifestyles. Comprehensive engineering reports confirm compliance with all local regulations, streamlining the development process saving you years and money, while precise survey reports provide essential information for a smooth build.
Situated in a highly sought-after area, this block offers the perfect combination of suburban charm and urban convenience. Residents will enjoy easy access to shops, schools, parks, and public transport, making it an appealing choice for families and professionals alike.
With all the groundwork laid, you can jump straight into a promising project without the typical delays associated with planning and approvals. This is your chance to develop six high-quality homes in a thriving community, where demand for new housing continues to grow.
Don’t miss this exceptional opportunity to invest in a prime location. For more information or to discuss how you can bring this development to life, please contact us now!
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Property Details for 18 Dering St, Diamond Creek

Building Type
Land
Land Size
2355m2

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About Diamond Creek 3089

The size of Diamond Creek is approximately 17.9 square kilometres. It has 31 parks covering nearly 6.2% of total area. The population of Diamond Creek in 2011 was 11,504 people. By 2016 the population was 11,727 showing a population growth of 1.9% in the area during that time. The predominant age group in Diamond Creek is 50-59 years. Households in Diamond Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Diamond Creek work in a professional occupation. In 2011, 87.7% of the homes in Diamond Creek were owner-occupied compared with 87.1% in 2016.

Diamond Creek has 5,626 properties. Over the last 5 years, Houses in Diamond Creek have seen a 32.43% increase in median value, while Units have seen a 15.74% increase. As at 31 October 2024:

  • The median value for Houses in Diamond Creek is $1,081,160 while the median value for Units is $705,928.
  • Houses have a median rent of $620 while Units have a median rent of $540.
There are currently 40 properties listed for sale, and 1 property listed for rent in Diamond creek on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Diamond creek.

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Sam Pope
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Morrison Kleeman Eltham | Greensborough | Doreen
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