30 Waigo Way, Diamond Creek VIC 3089

For Sale

Land

Type

Last updated on Tuesday, May 19, 2026 ( See property details for 30 Waigo Way, Diamond Creek VIC 3089)

Expressions of Interest - $1.5M - $1.6M

Aarryn Cooper - Real Estate Agent - Ray White - Carrum Downs

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, permitted development site in central Diamond Creek, ready for five modern townhouses on a flat, vacant block with no demolition needed.

🏡 Property Highlights

Permitted for 5 spacious modern townhouses on a flat, ready-to-build site
Prime central location in the heart of Diamond Creek
No demolition required, saving time and costs
Architecturally designed to complement existing vegetation
Strong local market growth with 10.5% house and 6.2% unit value increases
High rental demand with 16.2% house rent and 21.3% unit rent growth

✨ Key Features

DA approval for 5 townhouses
Approximate land area of 1,577m2
Vacant land ready for development
No demolition required
Centrally located in Diamond Creek
Flat land suitable for development
Enviable location within the suburb
Architecturally designed site plan
Terms available for purchase
Ideal for developers and investors

Suburb and Property Insights of Diamond Creek, VIC 3089

Diamond Creek offers a vibrant community with strong property growth, high rental demand, and a central location close to amenities. Key points include: 1) Rapid market appreciation, 2) Growing rental yields, 3) Prime central positioning, 4) Development-ready land, 5) Attractive for investors and developers seeking high-quality projects.

Frequently Asked Questions

Is the land already approved for development?

Yes, the land has DA approval for five modern townhouses.

What is the size of the land?

The land area is approximately 1,577 square meters.

Is there any demolition required before building?

No, the land is vacant and ready for development with no demolition needed.

What is the location of the property?

It is centrally located in the heart of Diamond Creek.

Are terms available for purchase?

Yes, terms are available for interested buyers.

What makes this site unique?

It is a one-of-a-kind permitted site with architecturally designed plans to enhance existing vegetation.

Is this property suitable for investors?

Absolutely, given the strong market growth and high rental demand in Diamond Creek.

What is the potential for rental income?

The rental market has seen significant growth, with house rents increasing by 16.2% and unit rents by 21.3% over the past year.

Can I get documentation for the property?

Yes, contact Aarryn Cooper for a copy of the documentation.

What is the development potential of this land?

The site is approved for five large townhouses, making it an excellent project for developers seeking high-quality residential builds.

What to ask about this property to agent?

What are the zoning restrictions for this land? Are there any existing building restrictions or covenants? What is the process to commence construction on this site? Are there any environmental considerations or vegetation protections? What are the nearby amenities and transport options? Is financing available for this development project? What is the expected timeline for development approval? Are there similar projects nearby that have been successful? What are the potential return on investment and rental yields? What are the key factors that could affect the development process or value?

30 Waigo Way, Diamond Creek VIC 3089 - More Details

Rare DA Approved Site

Type: Land
Area: 0.0

30 Waigo Way, Diamond Creek VIC 3089 - Point Of Interest

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