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$950K - $1M

DCGS9

Diamond Creek development site

Nillumbik Shire · North Eastern Suburbs

Land Size | ~1120 m²Zoning | GRZ1Terms | up to 12 months
Diamond Creek development site

Property overview

Diamond Creek - 1,120m² (approx) - shovel-ready with Endorsed Plans for 4 THs - walking distance to Nillumbik Park, schools, St Helena Marketplace, Greensborough Plaza, Eltham Village, and arterial roadsDiamond Creek - 1,120m² (approx) - shovel-ready with Endorsed Plans for 4 THs - walking distance to Nillumbik Park, schools, St Helena Marketplace, Greensborough Plaza, Eltham Village, and arterial roads

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General planning2 recorded
Planning overlay
No planning overlays on this property
Site analysis & compliance
Planning Permit Engineering Plans Drainage Plans Cultural Heritage Management Plan Working Drawings for 4 (3 x 4 bed, 1 x 5 bed) Townhouses
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Research findingsComing soon

This research is still being prepared for DCGS9.

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Proposed scenario conceptsComing soon

This research is still being prepared for DCGS9.

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Development application research3 recorded
Applications on the same street
→ 7 Gipson St, Diamond Creek 1,094m² | GRZ1 | 12m away Date lodged: 02 Aug 2014 Permit issued: 02 Jul 2014 Reference: 399/2012/11AC/B Proposal: 4 x 3 bed double storey townhouses → 11 Gipson St, Diamond Creek 1,148m² | GRZ1 | 15m away Date lodged: 31 Jul 2015 Permit issued: 23 Jul 2016 Reference: 389/2015/03P Proposal: Subdivide into 4 lots and develop 4 double storey townhouses → 14 Gipson St, Diamond Creek 607m² | GRZ1 | 18m away Date lodged: 05 May 2014 Permit issued: 30 May 2014 Reference: 21/2014/11AC/A Proposal: 2 x 3 bed double storey townhouses, side by side → 15 Gipson St, Diamond Creek 1,174m² | GRZ1 | 27m away Date lodged: 23 Sep 2011 Permit issued: 26 Jun 2013 Reference: 488/2011/03P Proposal: Add 2 townhouses to the existing house on a lot
Applications in advertising
→ 2/22 Sunnyside Cres, Wattle Glen 417m² | NRZ1 | 1,890m away Date Lodged: 06 May 2026 Reference: 488/2011/03P Proposal: 3 bed single storey unit to the back of the existing house → Lot 1, 37 Piper Cres, Eltham 118m² | GRZ1 | 3,160m away Date Lodged: 23 Apr 2026 Reference: 254/2026/20P 4 bed double storey house
Applications approved
→ 15-17 Haley St, Diamond Creek 1,114m² | GRZ1 | 646m away Date Lodged: 15 Apr 2023 Permit Issued: 29 Apr 2025 Reference: 639/2021/11AP/A Proposal: 4 single storey townhouses → 2 Fyffe St, Diamond Creek 750m² | GRZ1 | 715m away Date Lodged: 13 Nov 2025 Permit Issued: 10 Dec 2025 Reference: 971/2024/11AC/A Proposal: 4 townhouses → 19 Broad Gully Rd, Diamond Creek 1,050m² | GRZ1 | 717m away Date Lodged: 09 Dec 2025 Permit Issued: 10 Dec 2025 Reference: 971/2024/11AC/A Proposal: Add a 4 bed double storey townhouse to the rear of existing house (View advertised plans here) → 8 Fraser St, Diamond Creek 1,114m² | GRZ1 | 737m away Date Lodged: 06 Jun 2023 Permit Issued: 27 Jul 2023 Reference: 650/2018/11AP/A Proposal: 4 townhouses → 102 Lambert St, Diamond Creek 2,900m² | GRZ1 | 1,200m away Date Lodged: 26 Oct 2023 Permit Issued: 14 Oct 2025 Reference: 882/2023/03P Proposal: 8 townhouses → 7 Valley Ct, Diamond Creek 1,301m² | GRZ1 | 1,230m away Date Lodged: 12 Feb 2022 Permit Issued: 24 Feb 2022 Reference: 531/2019/11AC/A Proposal: 5 townhouses → 55 Arthur St, Eltham 822m² | NRZ1 | 4,850m away Date Lodged: 17 May 2024 Permit Issued: 03 Nov 2025 Reference: 126/2021/11AC/A Proposal: 3 x 3 bed double storey townhouses (View advertised plans here) → 80 Bible St, Eltham 863m² | NRZ1 | 5,240m away Date Lodged: 14 May 2025 Permit Issued: 15 May 2026 Reference: 355/2025/03P Proposal: 3 x 3 bed double storey townhouses (View advertised plans here)
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General market research3 recorded
Sold on the same street
8 Gipson St -  671m² - 70m away - $880K (23 Dec 2023) - $1,311/m² 12 Gipson St -  620m² - 71m away - $795K (23 Dec 2023) - $1,282/m² 16 Gipson St -  616m² - 97m away - $950K (31 May 2022) - $1,542/m² 21 Gipson St - 1,697m² - 95m away - $1.11M (31 May 2021) - $654/m²
Recently sold
$1.01M (28 Mar 2026) - 988m² - 167m away - 7 Ripon Cl - $1,022/m² $972K (15 Jun 2026) - 813m² - 543m away - 18 Highbrook Ct - $1,195/m² $900K (27 Apr 2026) - 1,043m² - 167m away - 119 Broad Gully Rd - $863/m² $850K (25 July 2026) - 878m² - 1,070m away - 12 Chapman St - $968/m² $840K (27 Jun 2026)  - 920m² - 751m away - 12 Gregg St - $913/m²
Currently for sale
$1.18M - $1.25M - 1,445m² - 958m away - 198 Main Hurstbridge Rd - $817/m² $980K - $1.05M - 837m² - 856m away - 22 Collins St - $1,171/m²
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Development resale market research2 recorded
Development resales sold
$1.301M (12 Feb 2026) - 5 bed - 1,870m away - 52 Oronsay Cres $1.29M (14 Feb 2026) - 5 bed - 1,110m away - 27 Serenity Pl $1.245M (12 Feb 2026) - 5 bed - 1,190m away - 5 Serenity Pl $1.08M (18 Mar 2026) - 3 bed - 744m away - 4/8 Fraser St $931K (20 Feb 2026) - 3 bed - 879m away - 13 Aspiration Rise $755K (18 July 2026) - 4 bed - 1,120m away - 2/5 Koonawarra Way
Development resales for sale
$1.2M - $1.3M - 4 bed - 1,050m away - 39 Serenity Pl $1M - $1.1M - 4 bed - 593m away - 1 Fyffe St $965K - 3 bed - 86m away - 14 Gipson St
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Financial feasibilities1 recorded
Recommended strategy
Approved for 4 (3 x 4 bed, 1 x 5 bed) double storey townhouses
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