2 Punjel Drive, Diggers Rest, VIC 3427 | Property Value & History | OnTheHouse
OFF MARKET

2 Punjel Drive
Diggers Rest VIC 3427

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 220m2
Land area: 2908m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 23 Feb 2026
Low

High
Save

Property Details for 2 Punjel Dr, Diggers Rest

2 Punjel Dr, Diggers Rest is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1998. The property has a land size of 2908m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in May 2003.

Building Type
House
Year Built
1998
Floor Size
220m2
Land Size
2908m2
Local Government
Melton
Lot/Plan
57/LP216251

Last Listing description (October 2025)

Properties of this calibre comes rarely into the market, situated in such a brilliant location! Set in Diggers Rest established township and growing commercial and residential district with excellent main road visibility and accessibility, the property is within approx. 100m of Diggers Rest train station, bus services, Diggers Rest post office This property is a fantastic opportunity, especially with its prime location and the potential for various types of development (STCA) . Its proximity to key amenities like public transportation, schools, and local services adds to its appeal.The upcoming removal of the level crossings and the construction of road bridges is particularly noteworthy. Not only will this greatly improve safety and traffic flow, but it will also pave the way for future development in the area. It seems like the perfect timing for anyone considering investing in or developing this property.Given its versatility, from residential living to potential commercial or medical development (subject to council approval), this property offers a range of possibilities for interested buyers or investors. And with the existing granny flat and the permit for additional construction, there's already a foundation for further expansion.Overall, this property appears to be a rare gem with significant potential for growth and development, making it an exciting opportunity for those looking to capitalize on the burgeoning real estate market in Diggers Rest.Feel free to call us anytime for private inspection . Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this document, Luxury Real Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries and verify the information contained herein. Additionally, it is recommended that purchasers refer to the due diligence checklist provided by Consumer Affairs, available at http://www.consumer.vic.gov.au/.

Property History for 2 Punjel Dr, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
Last Sold
$300,000
09 May 2003
  • 08 Oct 2025
    Listed for Sale PLEASE CONTACT AGENT
  • 22 May 2025
    Listed for Sale PLEASE CONTACT AGENT
  • 11 Nov 2024
    Listed for Sale PLEASE CONTACT AGENT
Sign in to see more transactions
Commute Calculator

About Diggers Rest 3427

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1.0% of total area. The population of Diggers Rest in 2016 was 2763 people. By 2021 the population was 5669 showing a population growth of 105.2% in the area during that time. The predominant age group in Diggers Rest is 30-39 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Diggers Rest work in a professional occupation.In 2021, 77.40% of the homes in Diggers Rest were owner-occupied compared with 79.20% in 2016.

Diggers Rest has 5,001 properties. Over the last 5 years, Houses in Diggers Rest have seen a 23.91% increase in median value, while Units have seen a 21.78% increase. As at 31 January 2026:

  • The median value for Houses in Diggers Rest is $704,412 while the median value for Units is $543,363.
  • Houses have a median rent of $510 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 17 properties listed for rent in Diggers rest on OnTheHouse. According to Cotality's data, 280 properties were sold in the past 12 months in Diggers rest.

Suburb Insights for Diggers Rest 3427

Market Insights
Diggers Rest Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Diggers Rest Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.