POTENTIAL BUILDING ALLOTMENT
LOCATED IN THE PEACEFUL TOWNSHIP OF CRESSY. 1/2 ACRE OR 2023M2 IN SIZE APPROXIMATELY. WATER, POWER AND TELEPHONE CLOSE BY. SHORT DISTANCE TO FARMERS ARMS HOTEL. SITED JUST OF COLAC - BALLARAT ROAD.
The size of Cressy is approximately 115.8 square kilometres. The population of Cressy in 2011 was 433 people. By 2016 the population was 172 showing a population decline of 60.3% in the area during that time. The predominant age group in Cressy is 70-79 years. Households in Cressy are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cressy work in a managers occupation. In 2011, 85.4% of the homes in Cressy were owner-occupied compared with 77.6% in 2016.
Cressy has 241 properties. Over the last 5 years, Houses in Cressy have seen a 65.32% increase in median value. As at 31 January 2025:
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