Diggers Rest

POSTAL CODE: VIC, 3427
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -3.76% capital gain.

Property investors in DIGGERS REST enjoyed capital gains of 0.99% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $635,200.

Profits due to an downward trend in home prices there averaged -1.25% per annum over a 3-year period.

Home owners selling their properties and realtors in DIGGERS REST usually have to wait an average of 43.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $510 mark, reflecting a 4.18% increase in returns based on the current median price in DIGGERS REST.

DIGGERS REST, 3427 places 597th in Australia based on median property value growth during the quarter.

Surburb overview

Diggers Rest is a growing township on the north-western fringe of metropolitan Melbourne, about 33 kilometres north-west of the Melbourne CBD. Situated within the City of Melton, the township has evolved from a historic coaching stop along the old Calder Highway into a rapidly expanding residential community while retaining links to its rural surroundings. Its strategic location between Melbourne and regional Victoria, together with ongoing residential development, has supported steady population growth and increased local investment.

According to the 2021 Census, Diggers Rest had a population of 5,727 people. The township has experienced significant growth in recent years, attracting families, professionals and first home buyers seeking access to metropolitan employment while living in a suburban environment with nearby open space. The community reflects a diverse demographic profile supported by new housing estates and established residential areas.

Diggers Rest is well connected by the Calder Freeway, providing direct road access to Melbourne, Sunbury and Bendigo. The township is also served by Diggers Rest Railway Station on the V/Line Bendigo line, offering regular commuter rail services to Melbourne's Southern Cross Station and regional destinations. Local bus services provide additional connections to surrounding suburbs and nearby transport hubs.

The township offers a growing range of essential amenities, including primary schools, childcare services, medical clinics, parks, sporting reserves, cafés and convenience shopping. Residents also have access to community facilities and recreational spaces within Diggers Rest. At the same time, larger shopping centres, secondary schools, hospitals and professional services are available in nearby Sunbury, Watergardens and Caroline Springs.

Recreational opportunities include walking and cycling along local shared paths, enjoying neighbourhood parks and playgrounds, and participating in community sporting clubs. The nearby Organ Pipes National Park offers walking trails and opportunities to view distinctive volcanic rock formations, while the Macedon Ranges, Brimbank Park and regional wineries are all within easy driving distance. Community events, local reserves and expanding recreation facilities continue to support the township's active lifestyle as the population grows.

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