2. VIC
  3. Melton

Houses Units

Here you can find what you need to know about Diggers Rest, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$645K Median Sale Price (National Average $485k) 472nd In VIC
1.18% Median Sale Price Change (1yr) (National Average 4.30%) 305th In VIC
$505pw Median Rent (National Average $395) 384th In VIC
4.1% Median Gross Yield (National Average 4.24%) 162nd In VIC
Properties sold 95
Average discounting -3.76%
Average Days on Market 60
Stock on Market 153 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Diggers Rest, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Diggers Rest, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Diggers Rest, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Diggers Rest


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Diggers Rest, VIC 3427

Part of: Melton Council No data available

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Diggers Rest in 2011 was 2,275 people. By 2016 the population was 2,746 showing a population growth of 20.7% in the area during that time. The predominant age group in Diggers Rest is 20-29 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Diggers Rest work in a clerical occupation. In 2011, 79.6% of the homes in Diggers Rest were owner-occupied compared with 79.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Diggers Rest

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Diggers Rest   for Houses in last 12 months


There have been 95 Houses sold in Diggers Rest in the past 12 months with a median sale price of $645K, up 1.2% annually. It takes on average 31 days to sell with vendor discounting of -3.8%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Sunbury VIC, 3429 -1.22% $650,000 $510pw 4.1% View Suburb Profile
Dimboola VIC, 3414 4.42% $260,000 $330pw 6.6% View Suburb Profile
Plumpton VIC, 3335 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Dilston TAS, 7252 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Bridgetown WA, 6255 -1.44% $512,500 $500pw 5.1% View Suburb Profile
Manunda QLD, 4870 7.78% $485,000 $460pw 4.9% View Suburb Profile

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