5B Penny Lane

Creswick VIC 3363

The size of Creswick is approximately 49.6 square kilometres. It has 10 parks covering nearly 17.2% of total area. The population of Creswick in 2011 was 2,941 people. By 2016 the population was 3,171 showing a population growth of 7.8% in the area during that time. The predominant age group in Creswick is 60-69 years. Households in Creswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Creswick work in a trades occupation. In 2011, 74.2% of the homes in Creswick were owner-occupied compared with 72.8% in 2016.

Creswick has 2,290 properties. Over the last 5 years, Houses in Creswick have seen a 34.61% increase in median value, while Units have seen a 8.33% increase. As at 31 October 2024:

• The median value for Houses in Creswick is $498,142 while the median value for Units is $466,196.
• Houses have a median rent of $410 while Units have a median rent of $250.