40 Phipps Crescent, Diamond Creek, VIC 3089 | Property Value & History | OnTheHouse
OFF MARKET

40 Phipps Crescent
Diamond Creek VIC 3089

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 593m2
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Last updated 20 Apr 2026
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Property Details for 40 Phipps Cres, Diamond Creek

40 Phipps Cres, Diamond Creek is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 593m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Land Size
593m2
Local Government
Nillumbik
Lot/Plan
35/LP52000

Last Listing description (March 2025)

Enviably located an easy walk from parks, schools, the bus, the station, and Diamond Creek's dining, shopping, and entertainment options, this unique home offers two residences under one roofline, delivering multiple options for new renters

Enhanced by timber floors throughout the spacious interior the front section introduces two bedrooms sharing the updated family bathroom and a generously proportioned lounge. Complete with French doors opening to a veranda set among a colourful garden, it sweeps around to a meals area overlooked by the kitchen.

A single doorway allows for seamless access between the first residence and the second. Along with three bedrooms sharing a sleek contemporary bathroom, it features an expansive open plan living-meals. Stretching out from a stone-finished kitchen and anchored by a wood fire heater, it opens to a generous decked entertainment area overlooking the private rear yard with veggie gardens (veggies not included, you will need to plant & grow your own!).

Numerous split systems throughout will warm you in Winter and cool you in Summer.

With solar panels which have a feed in tariff of 60c/kWh this is the perfect option for multi-generational living or a blended family, it holds enticing appeal for friends or siblings to secure a unique and spacious property in the popular Diamond Creek area.

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- Please use hand sanitizer provided and while in the property avoid touching surfaces where possible.
- Please do not enter the property if you are feeling unwell.

Property History for 40 Phipps Cres, Diamond Creek, VIC 3089

A timeline of how this property has performed in the market
Last Sold
$875,000
08 Jan 2025
Listed for Rent
$730/w
23 Mar 2025
  • 17 Mar 2025
    Listed for Rent $730 / week
  • 08 Jan 2025
    Sold for $875,000
  • 04 Sep 2024
    Listed for Sale Asking $899,999
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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 2016 was 11733 people. By 2021 the population was 12503 showing a population growth of 6.6% 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 2021, 88.30% of the homes in Diamond Creek were owner-occupied compared with 87.10% in 2016.

Diamond Creek has 5,686 properties. Over the last 5 years, Houses in Diamond Creek have seen a 14.52% increase in median value, while Units have seen a 4.44% increase. As at 31 March 2026:

  • The median value for Houses in Diamond Creek is $1,078,922 while the median value for Units is $692,791.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Diamond creek on OnTheHouse. According to Cotality's data, 231 properties were sold in the past 12 months in Diamond creek.

Suburb Insights for Diamond Creek 3089

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.